Electric Vehicle Showdown: BYD Closes Gap with Tesla in Sales Race, Could Overtake EV Champion Status
Beijing, China – BYD, a leading electric vehicle manufacturer in China, experienced a notable 21% increase in second-quarter sales, narrowing the gap with its competitor Tesla. The company delivered 426,039 electric vehicles in the period from April to June, indicating a strong performance in the EV market. In comparison, Tesla is expected to report a 6% decrease in vehicle deliveries for the same quarter, marking a potential change in the competitive landscape in the EV …