BYD becomes top EV-selling company, overtaking Tesla in sales figures

Build Your Own Dreams (BYD), a Chinese electric vehicle manufacturer, has become the world’s top EV company in terms of sales, overtaking Tesla, the company’s 2025 delivery data revealed. The update highlights China’s capability of disrupting the market via its supply chain and manufacturing capacity.

The data revealed that the company delivered over 2.26 million battery electric vehicles (BEVs), overtaking Tesla, whose deliveries stood at 1.64 million. Reports suggest that the reversal in the ranking is a result of intensifying competition in pricing, as BYD continues to drop its costs.

It is to be noted that BEVs are different from the company’s total vehicle sales. BYD has significant scale advantages in batteries, power electronics, and procurement because it sells both BEVs and plug-in hybrids. The company’s overall passenger-vehicle count for 2025 (BEVs + plug-in hybrids) was reported at about 4.5 million units.

The success of the company is not limited to China only, since BYD is expanding its operations overseas, especially in Europe. As per a report by Reuters, the European market is experiencing a tussle for feature-rich offerings at lower prices. Last year, BYD gave tough competition to Tesla in Europe, Reuters reported.

However, BYD’s progress in the Chinese market is no longer effortless. According to a Reuters report, BYD’s growth rate has slowed in comparison to previous years, and domestic demand is fiercely competitive and price-sensitive. As a result, the sector’s margins are under constant pressure despite high volume.

In India, BYD Auto has ranked 5th in the total sales volume race of 2025, as per a report by Autocar Professionals. The company experienced an 88% YoY jump, acquiring 3% of the total Indian market share.

Recently, the company has revised its rates for its offerings in India owing to the increasing cost of raw materials. (Check BYD car prices here)