Tesla loses crown as world’s biggest maker of EVs to China’s BYD

Elon Musk’s car maker delivered fewer fully electric models than its rival in 2025.

Tesla lost its crown as the world’s biggest electric-car maker in 2025 to China’s BYD after suffering its second consecutive year of declining vehicle sales.

Elon Musk’s group delivered 1.64 million fully electric vehicles last year, a 9 per cent fall from the 1.79 million it shipped in 2024, it said on Friday, in the wake of fierce competition and the cancellation of US tax credits for EV purchases.

BYD this week said it had it sold 2.26 million pure EVs in 2025, up 28 per cent from a year earlier following expansion in Europe and other overseas markets.

The Chinese group had previously outsold Tesla on a quarterly basis but has now overtaken its US competitor for annual deliveries of fully electric models.

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