At the top of the electric car world for years Tesla, lost the summit to a Chinese manufacturer. According to data for the first half of the year, the Chinese auto giant BYDdeposed Tesla, the world’s top electric car-selling company.
Chinese BYD overtakes Tesla by selling 641,000 cars
According to the report by the Financial Times, in the first six months of 2022 641 thousand electric car BYD broke a new record with its sales. The Chinese manufacturer is on its way to becoming the world’s largest electric and hybrid car manufacturer, surpassing Tesla.
With Chinese citizens turning to electric and hybrid models, the Shenzhen-based brand also saw a new record in sales. billionaire investor of Warren Buffett BYD, of which it has a share in increase by 315% succeeded. Accordingly, it sold 641 vehicles in the last six months.
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Tesla’s sales for the past six months were also not at a level to be underestimated. Struggling with supply chain disruptions and coronavirus-induced quarantines Tesla sold 564 thousand vehicles managed to do. In other words, it was almost 80 thousand vehicles behind the Chinese BYD.
Previously, Tesla CEO Elon Musk made heavy criticisms of his company. Especially from China electric car batteries Stating that they had difficulty in purchasing, Musk complained about the slowdown of the production line. According to Musk, billions of dollars are wasted at Tesla factories.
In fact, all automotive companies had to reduce their production due to the Covid-19 quarantines. with Tesla Li Auto Inc, Xpeng and Nio was among the companies that had to restrict their operations.
Chinese BYD’s field of activity is not just automobiles. According to the report, the Chinese company produces electric bicycles, forklifts, solar panels, cell phone batteries, as well as hybrid buses, pickup trucks and commercial vehicles. Let’s not overlook the fact that the Asian country is a pretty big market, albeit only in China for now. Only in 2021 More than 3 million electric cars sold.
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