BYD sales growth slows in 2025, but EV maker still set to overtake Tesla

Core Insights - BYD, a Chinese electric vehicle maker, is experiencing a significant slowdown in sales growth in 2025 due to intensified competition in its domestic market, despite being on track to surpass Tesla as the world's largest EV manufacturer [1] Company Summary - BYD's sales growth has markedly slowed in 2025, indicating challenges in maintaining its growth trajectory amid increasing competition [1] - The company remains focused on its goal to overtake Tesla, highlighting its ambition and competitive positioning in the global EV market [1] Industry Summary - The electric vehicle market in China is becoming increasingly competitive, which is impacting the sales performance of leading manufacturers like BYD [1] - The competition dynamics in the EV sector are evolving, suggesting that companies will need to adapt their strategies to sustain growth and market leadership [1]