Revolutionizing EV Market: BYD Overtakes Tesla, 

BYD has emerged as a potential global leader, poised to overtake Tesla.

This shift in dynamics signals a compelling competition for the coveted title of the world’s largest electric vehicle manufacturer.

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In the final quarter of 2023, BYD showcased its prowess by selling over 526,000 pure electric vehicles,

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surpassing Tesla’s production of around 484,000 units.

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China, a powerhouse in the electric vehicle market, has set ambitious goals.

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It aims for its top EV manufacturers to achieve 10% of their sales overseas by 2025.

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Analysts speculate that BYD, with its impressive production and sales volume, is well-positioned for this global expansion.

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