BYD may hand back EV crown to Tesla after lower Q1 sales

BYD may hand back EV crown to Tesla after lower Q1 sales

The BYD EV cars are displayed at the 45th Bangkok International Motor Show in Bangkok, Thailand, March 25, 2024. REUTERS/Chalinee Thirasupa/File Photo

BYD, China’s biggest electric vehicle (EV) maker, reported first quarter 2024 sales fell 43% compared to the fourth quarter of 2023, which may mean it will hand back the title of world’s biggest EV seller to Tesla after winning it last year.

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