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Bloomberg: BYD COMPANY (01211.HK) May Surpass Tesla, Inc. (TSLA.US) Again to Become Global EV Sales Champion
2026-07-02 08:23:52 Bloomberg reported that BYD COMPANY (01211.HK) delivered 557,100 electric vehicles in 2Q25. Although the figure declined YoY, it may still be enough to surpass Tesla, Inc. (TSLA.US), as Tesla is expected to report quarterly sales of about 396,500 vehicles next week. BYD COMPANY (01211.HK) first surpassed Tesla, Inc. (TSLA.US) in sales in 4Q24 and maintained a significant lead last year. However, Tesla regained the lead in 1Q25, with sales exceeding BYD COMPANY (01211.HK) by about 48,000 vehicles, as weak demand in the China market weighed on BYD's domestic sales. As China's automobile market remains mired in an intense price war, BYD COMPANY (01211.HK) is focusing on technology upgrades while aggressively expanding into overseas markets. About 43% of its second-quarter sales came from overseas markets.(mn/u)~ AASTOCKS Financial News Website: www.aastocks.com This article was automatically translated by AI, the Chinese version should be considered the authoritative version. AASTOCKS.com Limited does not guarantee its accuracy or completeness and accepts no liability for any damages or losses arising from the use of this translation. | |