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China’s BYD is set to take Tesla’s crown as the world’s No. 1 producer of battery electric vehicles

China's BYD is set to take Tesla's crown as the world's No. 1 producer of battery electric vehicles

BYD Seal U electric car at the IAA Mobility 2023 international motor show on September 6, 2023 in Munich, Germany.

Leonhard Simon | Getty Images News | Getty Images

Chinese electric vehicle maker BYD is on track to overtake Tesla in battery electric vehicle sales this year, with its BEV market share expected to surge,

report.

“This shift underscores the dynamic nature of the global EV market,” Counterpoint…

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