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 delivered 557K EVs in Q2 2026, positioning to overtake Tesla. Tesla to deliver between 300K and 325K vehicles at 0.1% YES.

BYD delivered 557,090 fully electric vehicles in Q2 2026 while Tesla is expected near 396,000 — reclaiming its lead in the global BEV race.