Feng Huang Wang·2026-01-02 00:56Group 1 - BYD is expected to surpass Tesla in annual sales for the first time, becoming the world's largest electric vehicle seller [1] - BYD's pure electric vehicle sales are projected to grow by 28% year-on-year in 2025, reaching 2.25 million units, while Tesla's sales are estimated to decline by 8% to 1.64 million units [1][2] - In 2024, Tesla narrowly maintained its position as the global sales leader over BYD by just over 20,000 units [1] Group 2 - BYD's total vehicle sales are expected to increase by 8% year-on-year in 2025, reaching 4.6 million units, marking the fifth consecutive year of growth [2] - The company has seen a significant increase in overseas sales, driven by strong performance in the European market and expansion in Latin America and Southeast Asia [2] - BYD's factory in Brazil is set to begin production in 2025, and its Thailand factory will supply the local market and export to Europe [2] Group 3 - In February, BYD stimulated consumer demand by offering advanced driver-assistance features for free on over 20 models [3] - Despite ongoing growth, BYD faced challenges with a year-on-year sales decline in September, marking the first drop in 19 months, and a further 18% decline in December [3] - Increased competition from traditional rivals like Geely and new entrants like Xiaomi is intensifying in the Chinese market, potentially impacting BYD's sales [3]