ArenaEV.com ArenaEV.com

Facebook

Twitter

Instagram

RSS

Settings
Units
Power
Standard
Consumption
Currency

Log in

Login

I forgot my password
Sign up
ADVERTISEMENTS

BYD's Q3 report: 824,000 NEVs sold, BEV sales match Tesla

  • Post your comment

Max McDee, 02 October 2023

Tesla BYD

BYD wrapped up Q3 with an impressive sale of 824,001 new enegry vehicles of which 431,603 pure electric passenger vehicles. This represents a whopping 52.4% of its total sales for the period. Tesla, in the same stretch, reported 435,059 pure electric car sales. So even if you discount the various EREVs and PHEVs that BYD makes its sales are already matching the American company’s.

Earlier today Tesla reported a 26.5% jump year-on-year, but a dip of 6.7% compared to Q2. On the other hand BYD saw electric vehicle sales rising by 66.9% year-on-year and 22.6% sequentially.

BYD and Tesla BEV sales comparison

Quarter BYD Tesla Difference
Q1 2022 143,223 310,048 166,825
Q2 2022 180,296 254,695 74,399
Q3 2022 258,610 343,830 85,220
Q4 2022 329,011 405,278 76,267
Q1 2023 264,647 422,875 158,228
Q2 2023 352,145 466,140 113,995
Q3 2023 431,603 435,059 3,456

Over the previous six quarters Tesla outsold BYD by over 670,000 pure EVs, even if the Chinese maker sold more electric-driven cars. But at this point even pure EVs are only 3,456 units apart, and if current trajectories hold, BYD might just zoom past Tesla in Q4.

As we get ready for the final quarter of the year, the electric vehicle arena promises a clash of titans. Will BYD continue its surge and overtake Tesla, or will the American powerhouse find a way to stay ahead?

Via

Related articles
  • 12 ways the Xiaomi YU7 outdoes the Tesla Model Y 12 ways the Xiaomi YU7 outdoes the Tesla Model Y
  • Tesla's growth hits a snag as deliveries tumble 13% in second quarter Tesla's growth hits a snag as deliveries tumble 13% in second quarter
  • Tesla's new factory promises cheaper batteries for more affordable EVs Tesla's new factory promises cheaper batteries for more affordable EVs
  • Tesla slams brakes on rumor of hiring ex-Cruise executive Tesla slams brakes on rumor of hiring ex-Cruise executive
  • Post your comment
Total reader comments: 0

  • Home
  • Compare
  • News
  • Terms
  • Reviews
  • About us
  • Tesla
  • Volkswagen
  • Audi
  • Porsche
  • BMW
  • Mercedes
  • Hyundai
  • Kia
  • Genesis
  • Renault
  • Nissan
  • Ford
  • Volvo
  • Polestar
  • Jaguar
  • Toyota
  • Mazda
  • Mini
  • MG
  • Vinfast
  • Lucid
  • Rivian
  • Cadillac
  • Chevrolet
  • GMC
  • Subaru
  • Nio
  • Xpeng
  • BYD
  • [..]

EV finder

ADVERTISEMENTS

Latest models

  • ModelHyundai
    Ioniq 6 N
  • ModelXiaomi
    YU7 Max
  • ModelNissan
    Leaf 75kWh
  • ModelTesla
    Model S Plaid
  • ModelNissan
    Micra EV 52kWh
  • ModelTesla
    Model X Plaid

Featured

  • Real-life test reveals how much range EVs lose in the cold Real-life test reveals how much range EVs lose in the cold
  • EV vs ICE - differences and similarities EV vs ICE - differences and similarities
  • Have electric cars gone power crazy? Have electric cars gone power crazy?
  • Why electric cars don't have conventional gearboxes Why electric cars don't have conventional gearboxes
  • Why DC charging peak power is misleading Why DC charging peak power is misleading
ADVERTISEMENTS

Reviews

  • Mini Countryman SE ALL4 review Mini Countryman SE ALL4 review
  • AITO M5 review AITO M5 review
  • Peugeot e-3008 GT Electric review Peugeot e-3008 GT Electric review
  • Which Skoda is better - Enyaq iV or Enyaq Coupe RS iV Which Skoda is better - Enyaq iV or Enyaq Coupe RS iV

Home News Compare About us RSS feed Facebook Twitter Instagram

© 2022-2025 ArenaEV.com Mobile version EV Finder Glossary Privacy Terms of use

From the team behind
GSMArena.com