Chinese Automaker BYD Beats Tesla to Become World’s Largest EV Producer

Chinese automaker BYD, which is backed by Warren Buffett, has surpassed Tesla as the world’s leading electric vehicle seller. BYD sold 638,157 electric or plug-in hybrid passenger vehicles in the first six months of 2022.

Tesla, on the other hand, delivered a total of 564,743 vehicles in the first six months of the year, according to figures in their first and second quarter reports.