China's BYD has overtaken Tesla as the world's largest electric vehicle manufacturer, driven by rising overseas shipments despite an 8.2% year-on-year drop in deliveries.
BYD's deliveries stood at 557,090 units
Jul 04, 2026
04:29 pm
What's the storyChinese electric vehicle (EV) giant BYD has surpassed Tesla to become the world's largest battery-powered car manufacturer.
The shift comes on the back of a surge in its overseas shipments, even though BYD reported an 8.2% year-on-year decline in deliveries.
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The electric vehicle manufacturer has retaken the crown after pulling ahead in overseas shipments.
It would mark the first time the Chinese firm has outpaced its American rival for annual sales.
BYD is already the world’s largest EV maker, but the company’s CEO is confident it will become the world’s leading...
The milestone would cap an extraordinary rise for BYD, a company Tesla's Elon Musk once dismissed by laughing at their products.
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BYD delivered 557K EVs in Q2 2026, positioning to overtake Tesla. Tesla to deliver between 300K and 325K vehicles at 0.1% YES.
