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China’s BYD Outstrips Tesla as World’s Biggest EV Seller – FT

The Warren Buffett-backed auto firm’s rise underscores China’s growing prowess in electric vehicle manufacturing and renewable energy, the FT said.

BYD was the world's biggest seller of BEVs and plug-in hybrids in 2022.


China car titan BYD, backed by Warren Buffett’s Berkshire Hathaway, has become the world’s leading electric vehicle company in terms of sales, the Financial Times reported.

The Shenzhen-based car maker recorded 641,000 sales in the first six months of the year, a surge of more than 300% from a year earlier, the report said. Tesla sold 564,000 vehicles in the same period, it added.

Read the full report: Financial Times.



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EV Batteries Recall Raises Questions Over BYD’s Transparency

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Alfie Habershon

Alfie is a Reporter at Asia Financial. He previously lived in Mumbai reporting on India's economy and healthcare for data journalism initiative IndiaSpend, as well as having worked for London based Tortoise Media.


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