BYD Hits Sales Goal, Set to Topple Tesla as Biggest EV Maker

BYD Co. met its full-year sales target and likely surpassed Tesla Inc. to become the world’s largest electric-vehicle maker in 2025 — milestones overshadowed by a challenging outlook for the Chinese auto market in the year ahead. The Chinese EV giant’s Hong Kong-listed shares rose on the first day of trading in the new year, gaining as much as 2.3%. Most Read from Bloomberg BYD delivered a total of 4.6 million vehicles last year, up 7.7% from 2024. That’s in line with a lowered full-year goal the compa ...