💨 Abstract
China's BYD is poised to surpass Tesla as the world's leading electric vehicle (EV) seller. BYD reported a 28% increase in EV sales, reaching 2.25 million units globally, while Tesla is expected to report around 1.65 million sales. Tesla faced challenges due to new model reception, competition, and controversies. BYD and other Chinese brands offer cheaper EVs, pressuring Western rivals.
Courtesy: Sara Odeen-Isbister