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Monday, September 26, 2022

No, a Chinese carmaker doesn’t sell more EVs than Tesla

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The Tesla haters were out this morning with the news that Chinese automaker BYD had toppled Tesla to become the world’s largest seller of electric vehicles. There is only one problem: it is not true.

Publications by Financial times until the independentand axios crowed that BYD sold 641,000 vehicles in the first half of 2022. That’s quite a few thousands more than Tesla’s 564,000.

But they don’t contain any crucial analysis that is easy to understand if you take five minutes to read BYD . Financial Data

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Among the 641,000 vehicles were not only pure electric, but also plug-in hybrid vehicles. By comparison, Tesla is all-electric, honey. It’s a pretty bad mistake when it comes to accurate reporting.

So, who is BYD?