China s BYD Steers Ahead of Tesla in Global Electric Vehicle Sales tekedia.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from tekedia.com Daily Mail and Mail on Sunday newspapers.
The passing of the EV sales crown also reflects the shift in competitive dynamics between Tesla's Elon Musk, the world's richest executive, and BYD's billionaire founder Wang Chuanfu.
Chinese automaker BYD Co is poised to surpass Tesla Inc as the new worldwide leader in fully electric vehicle (EV) sales, Bloomberg news reported on Wednesday.
According to the international news.
Wang Chuanfu is no Elon Musk he eschews social media and largely steers clear of the limelight. But in an uncharacteristically brash address delivered weeks before the European Union opened an investigation into how China has subsidised its EV industry, Wang declared the time had come for Chinese brands to “demolish the old legends” of the auto world.