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China’s BYD logs record EV sales in 2025
The figure puts BYD in pole position to outstrip Elon Musk’s Tesla in the annual category for the first time, with the lagging Texas-based firm having previously announced 1.22 million in 2025 EV sales by the end of September. Tesla is expected to announce its total EV sales for last year on Friday. Shenzhen-based BYD, which also produces hybrid cars, announced the data in a statement published to the Hong Kong Stock Exchange, where it is listed. Known as “Biyadi” in Chinese – or by the English slogan “Build Your Dreams” – BYD was founded in 1995, originally specialising in battery manufacturing. The ... (full story)