BYD Emerges As World’s Largest Electric Car Seller

The American automaker Tesla has lost its No. 1 position to Chinese EV maker BYD in overall electric vehicle sales last year. According to an Economic Times report, BYD sold more than 2.23 million electric vehicles, surpassing Tesla's global sales of 1.64 million units to emerge as the world's largest EV seller in the last calendar year. Tesla's sales have declined for the second consecutive year, indicating heavy competition and a shifting focus in the global EV market.