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China’s BYD closer to taking Tesla's electric car top spot (www.bbc.com)

submitted 10 months ago* (last edited 10 months ago) by MicroWave@lemmy.world to c/world@lemmy.world

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Chinese company BYD has moved a step closer to toppling Elon Musk's Tesla as the world's biggest-selling manufacturer of electric vehicles.

The firm said on Monday it had sold a record 526,000 battery-only vehicles in the last three months of 2023.

…

For the year as a whole, Shenzen-based BYD said it had sold more than 3 million so-called-new energy vehicles (NEVs), which includes battery-only vehicles and hybrids.

Almost 1.6 million of its total sales were battery-only vehicles, the firm said.

Industry analysts have forecast that Tesla sold around 483,000 electric vehicles in the last three months of 2023 and 1.82 million for the year as a whole.

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[-] JohnDClay@sh.itjust.works 8 points 10 months ago

You still can't buy byd cars outside China can you? Or do they export to some places?

[-] bstix@feddit.dk 13 points 10 months ago

They've been available in several European countries since the end of 2022 or so.

[-] MicroWave@lemmy.world 9 points 10 months ago* (last edited 10 months ago)

You can buy BYD cars outside of China. For example:

The company says it plans to launch three new models in Europe within the coming year in addition to the five models it is already selling that include sedans, hatchbacks and SUVs. BYD has 230 outlets in 19 European countries, it says.

https://apnews.com/article/china-byd-hungary-autos-evs-72587976c85d3f9b56d990a6296c73b4

No BYD cars in the US (yet), except trucks and buses:

BYD has been making electric buses in the United States for years and supplies cities such as Los Angeles and Long Beach from a factory in Lancaster, California, built a decade ago.

https://www.reuters.com/technology/chinas-byd-takes-cautious-approach-us-global-ev-push-2023-01-18/

[-] Squizzy@lemmy.world 2 points 10 months ago

Hoping for an estate model

[-] negativenull@startrek.website 6 points 10 months ago

They were advertising in the Mexico City Airport yesterday when I was there.

[-] naturalgasbad@lemmy.ca 1 points 10 months ago

They have display models in malls in Mexico. The cars honestly feel really well put together for their price.

[-] Kanzar@lemmy.world 5 points 10 months ago

Quite a few here in Australia.

[-] RecallMadness@lemmy.nz 5 points 10 months ago

They’re everywhere in New Zealand.

[-] Numpty@lemmy.ca 3 points 10 months ago

They manufacture and sell the buses in Canada... There are BYD buses in operation in at least Toronto, Victoria, Longeuil, St. Albert and Grand Prairie (and probably more by now). https://en.byd.com/news/byd-opens-first-canadian-bus-assembly-plant/ If you're in Montreal, there's a decent chance you'll see BYD E6 taxis.

There's been rumors of the cars being prepped for general sale in Canada.... but I can't find any proof of that right now.

[-] naturalgasbad@lemmy.ca 2 points 10 months ago

They're pretty good buses too lol

[-] killeronthecorner@lemmy.world 2 points 10 months ago

They're advertising on TV in the UK, so guessing they're at least at preorder stage.

[-] regbin_@lemmy.world 2 points 10 months ago

I can buy one here in Malaysia.

[-] naturalgasbad@lemmy.ca 1 points 10 months ago

Available in Mexico

[-] autotldr 3 points 10 months ago

This is the best summary I could come up with:

Chinese company BYD has moved a step closer to toppling Elon Musk's Tesla as the world's biggest-selling manufacturer of electric vehicles.

US-based Tesla is scheduled to release its latest quarterly vehicle production and delivery figures before Wall Street opens on Tuesday.

Industry analysts have forecast that Tesla sold around 483,000 electric vehicles in the last three months of 2023 and 1.82 million for the year as a whole.

Last January, Mr Musk said that Tesla had the potential to achieve 2 million deliveries in 2023 but had since warned that higher borrowing costs were putting pressure on demand for his company's cars.

The company made a name for itself as a manufacturer of rechargeable batteries - used in smartphones, laptops and other electronics - that competed with pricier Japanese imports.

It started selling its shares on the stock market in 2002 and diversified by purchasing a struggling state-owned car manufacturer, Qinchuan Automobile Company.

The original article contains 296 words, the summary contains 153 words. Saved 48%. I'm a bot and I'm open source!

[-] JustinAngel@lemmy.world 1 points 10 months ago

Going from bad to worse in terms of privacy.

this post was submitted on 02 Jan 2024

102 points (94.7% liked)

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