BYD Surpasses Tesla in Global BEV Sales for the First Time in 2025

[Market Landscape] BYD sold 2.26 million battery electric vehicles (BEVs) globally in 2025, up 28% year-over-year, overtaking Tesla for the first time.

⚡ Key Development: BYD Claims Global BEV Sales Crown

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  Tesla delivered 1.6361 million vehicles in 2025, a year-over-year decline of 8.6%, marking its second consecutive year of negative growth.

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  BYD achieved its annual overtake of Tesla through rapid expansion in the European market and an aggressive rollout of new models.

🔍 Strategic Underpinnings: Multiple Factors Weigh on Tesla

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  Elon Musk’s controversial political statements triggered consumer boycotts, damaging the brand’s image;

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  Lack of new model launches over an extended period weakened product competitiveness;

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  Elimination of U.S. federal tax credits worsened the policy environment.

💡 Industry Impact: Chinese Automakers Gain Greater Dominance

Tesla is shifting its focus toward autonomous ride-hailing vehicles (e.g., Cybercab), but pressure on its core automotive business is now undeniable, signaling a new phase in the global EV competitive landscape.