DT新材料·2026-01-04 01:36Group 1 - BYD's new energy vehicle sales reached 2.25 million units in 2025, a year-on-year increase of 28%, while Tesla's deliveries decreased by 8.6% to 1.64 million units [1] - In 2025, BYD's total vehicle sales are projected to be 4.6 million units, with pure electric vehicle sales at 2.25 million and plug-in hybrid vehicle sales at 2.28 million, reflecting an overall growth of approximately 8% [1] - BYD has surpassed Tesla in sales, indicating a potential strengthening of its procurement capabilities and price competitiveness due to scale advantages [1] Group 2 - BYD's automotive sales in 2024 exceeded those of Honda and Nissan, with significant growth in overseas markets, particularly in Europe, Latin America, and Southeast Asia [2] - In Europe, BYD's new vehicle registrations increased by 240% in the first 11 months of 2025, while Tesla's registrations fell by 39%, highlighting a shift in market dynamics [2] - The acceptance of pure electric vehicles in Europe reached approximately 16% of total new car sales in 2025, indicating a growing market for electric vehicles [2]