Chinese manufacturer BYD posted a 314.9% year-on-year increase in electrified vehicle sales in June in its mission to surpass Tesla.
The company – which is based in Shenzhen and backed by American billionaire magnate Warren Buffet – sold 641,000 hybrids, plug-in hybrids and electric cars worldwide from January to June, 134,036 of those in June. Tesla sold 564,000 electric cars in the same period.
BYD sold 600,000 electrified vehicles in 2021 and is chasing an ambitious self-imposed target of 1.5 million for this year.
Its American rival, meanwhile, has suffered setbacks as a result of shipping issues, battery shortages and Covid-related shutdowns in China.
