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Chinese automaker BYD surpasses Tesla in sales of electric vehicles

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Chinese automaker BYD surpasses Tesla in sales of electric vehicles

Beijing, Oct 5 (Prensa Latina) China's BYD sold 537,164 electric vehicles worldwide during the third quarter of this year and once again surpassed the U.S.-based Tesla, according to official statistics.

According to reports from both companies, globally Tesla only sold 343,830 units in that period and the figure was below expectations.

Furthermore, in the first half of 2022, BYD sold 641,000 cars and the North American company 564,000.

Local media highlight that the data for the July-August-September period show a large gap in the operations of both companies and position the Chinese company as the world leader in terms of sales.

BYD was born in 1995 focused on the manufacture of rechargeable batteries and an ‘environmentalist’ approach. But in 2005 it acquired Qinchuan Machinery Works and ventured with equal success into car manufacturing until 10 years later it became the world’s largest producer in the sector.

Its vehicles roll in Latin American countries such as Colombia, Brazil and Chile, as well as in Europe with the arrival in 2020 in Spain and Norway.

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