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BYD has overtaken the longtime industry leader as the world’s biggest seller of electric vehicles China’s BYD sold more than 526,000 electric vehicles in 2023’s fourth quarter, the Chinese company announced on Monday, exceeding Tesla’s total of over 484,000 in the October-December period and essentially ending the American EV giant’s reign as the industry’s dominant manufacturer. The result marked the first quarter in which BYD’s sales by volume exceeded that of Tesla and capped a year in which the Chinese carmaker achieved almost double the growth rate of its top US rival. Tesla still led all EV makers in sales b
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