Chinese company poised to overtake Tesla as biggest EV maker on path to global leadership: report

Chinese electric car company BYD may overtake Tesla as the world’s biggest electric vehicle maker after it surpassed Tesla’s fourth-quarter production.  Tesla produced around 484,000 units in the final quarter of 2023 – an increase of 19.5% from the same period last year – but BYD sold more than 526,000 vehicles in the same quarter. The sales account for pure EV units. When accounting for plug-in hybrids, BYD has already surpassed Tesla, Axios reported. Tesla announced sales of 1.84 million pure EV cars, wh ...