<div id="readability-page-1"><div><figure><div><div><p><img src="https://imageproxy.pbkrs.com/https://s.yimg.com/ny/api/res/1.2/g_eTBVDjhChLPKnkwQTuQg--/YXBwaWQ9aGlnaGxhbmRlcjt3PTEyNDI7aD04Mjg-/https://media.zenfs.com/en/afp.com.sg/a109ae54f8a6afac155b2b0d0e56e43a?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" width="768" height="512" original-src="https://imageproxy.pbkrs.com/https://s.yimg.com/ny/api/res/1.2/g_eTBVDjhChLPKnkwQTuQg--/YXBwaWQ9aGlnaGxhbmRlcjt3PTEyNDI7aD04Mjg-/https://media.zenfs.com/en/afp.com.sg/a109ae54f8a6afac155b2b0d0e56e43a"/></p></div></div><p></p><figcaption>BYD has come to dominate China's new energy vehicle market -- the world's largest (Idrees MOHAMMED)</figcaption><p></p></figure><p>Chinese auto giant BYD sold 2.26 million electric vehicles last year, a company statement showed Thursday, setting a new record for any firm globally.</p><p>The figure puts BYD in pole position to outstrip Elon Musk's Tesla in the annual category for the first time, with the lagging Texas-based firm having previously announced 1.22 million in 2025 EV sales by the end of September.</p><p>Tesla is expected to announce its total EV sales for last year on Friday.</p><p>Shenzhen-based BYD, which also produces hybrid cars, announced the data in a statement published to the Hong Kong Stock Exchange, where it is listed.</p><p>Known as &#34;Biyadi&#34; in Chinese -- or by the English slogan &#34;Build Your Dreams&#34; -- BYD was founded in 1995, originally specialising in battery manufacturing.</p><p>The automotive juggernaut has come to dominate China's highly competitive new energy vehicle market -- the world's largest.</p><p>Now it is seeking to expand its presence overseas, as increasingly price-wary consumption patterns in China weigh on profitability.</p><p>BYD and its Chinese competitors face hefty tariffs in the United States.</p><p>But its success is growing in Southeast Asia, the Middle East, and even Europe -- to the consternation of traditional industry heavyweights from the continent.</p><p>Tesla narrowly beat BYD in annual EV sales in 2024, with US company's 1.79 million just outpacing the latter's 1.76 million.</p><p>This year, Musk's firm has seen sales struggle in key markets over the CEO's political support of US President Donald Trump and far-right politicians.</p><p>Tesla has also faced rising EV competition from BYD and other Chinese companies, as well as from European giants.</p><p>pfc/ami</p></div></div>

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<p>Chinese auto giant BYD achieved record electric vehicle sales of 2.26 million in 2025, surpassing Tesla's 1.22 million. This positions BYD as a leader in the global EV market, particularly in China, the largest new energy vehicle market. Despite facing challenges such as tariffs in the U.S. and competition from other manufacturers, BYD is expanding its presence in Southeast Asia, the Middle East, and Europe. The company, originally founded in 1995 for battery manufacturing, is now a dominant force in the automotive industry.</p>

- BYD sold 2.26 million electric vehicles in 2025, achieving a global sales record and positioning itself ahead of Tesla.  
- The Chinese automotive manufacturer is expanding internationally despite facing challenges, including hefty tariffs in the U.S. and price-sensitive consumer behavior in China.  
- BYD's growth is notable in Southeast Asia, the Middle East, and Europe, as it competes with traditional industry leaders and other Chinese firms.

China's BYD logs record EV sales in 2025