BYD narrowed its gap to EV market-leader Tesla in 2023, selling almost 1.6 million electric cars globally.
The Chinese giant's total EV sales volume of 1,574,822 was a 13% shortfall on its American rival's tally of 1,808,581.
It was also a 73% improvement on on BYD's 2022 result of 911,140 EVs.
Although BYD failed to meet Tesla’s full-year result, it did emerge victorious in the final quarter of 2023, with 526,409 sales to 484,507.
Its EV sales are expected to rise significantly once again this year, given that it has now established a presence in several key European markets, including France, Germany and the UK.
