News > BYD chalks up new record as it narrows EV sales gap with Tesla

BYD chalks up new record as it narrows EV sales gap with Tesla

China’s BYD Co. enjoyed a year-end surge to push total sales to 4.25 million passenger cars last year. The Shenzhen-based carmaker, which stopped making vehicles entirely powered by fossil fuels in 2022, hit a new monthly sales record in December. BYD sold 509,440 plug-in hybrid and pure-electric passenger vehicles in December. The figure includes 207,734 EVs, taking the annual tally of battery-powered car sales to 1.76 million.