MD Aminur Rahman Nayem’s Post

China's BYD ranked No. 1 in EV sales, with more than 2.2 million vehicles sold between January and August 2024. Elon Musk's Tesla ranked No. 2, with over 1.1 million vehicles sold. Among the top 10 EV sellers, six are Chinese EV companies, and three are German brands. Source: Global Times #EV #electricvehicles #salesvolume

8 million EVs in 2030? The battle of the electric vehicle (EV) titans is heating up after Tesla, the once undisputed leader in the EV market, faces its first annual sales decline in 2024. Meanwhile, Tesla's EV rival, BYD, has exploded in popularity, with sales to match its rise.For Tesla, 2024 saw a sharp decline from its 38% growth from the previous year. BYD has meanwhile capitalized on its swift pivot to "new energy vehicles." The Chinese automaker sold over 4 million EVs in 2024, surpassing Volkswagen as China's top car brand and achieving record-breaking production milestones. BYD's rapid growth highlights its role as a formidable competitor in the global EV landscape.

Electric car sales globally are exploding & their prices becoming affordable to more people in more countries around the world. Tesla is focussed on the richer, more developed countries while BYD & China’s other EV automakers are competing with Tesla in the richer, developed countries while China is vacuuming up the rest of the less developed & poorer countries globally which Tesla is not focussed on, or price competitive in. The traditional automakers have taken over many x-Tesla customers in the luxury car space, but Tesla is “going mainstream”, by lowering their prices & increasing the range their EVs can travel. BYD & other Chinese EVs are expanding at hyper speed & taking market share in the majority of counties globally, including Australia who doesn’t have domestic automakers, hence Australia is buying the cheapest EVs possible, which is harming Tesla & traditional EV automakers. From a high level, EVs are scaling fast on a global scale, their range is going up fast, while battery/EV prices are dropping like a stone. This global EV price/volume war & EV distance/range war will continue! Automakers, Auto Dealer Owners & bankers will need an integrated strategic EV roadmap to “hedge” these “urgent” risks! My strategic EV roadmap is over 30 yrs old! Happy to help!

BYD Surpasses Tesla in Global EV Sales In December, Chinese electric vehicle (EV) manufacturer BYD surpassed Tesla as the largest global seller for the second time, delivering 207,734 all-electric vehicles, a 9% year-over-year increase. For the fourth quarter, BYD sold about 595,000 cars, more than Tesla's nearly 496,000. BYD's annual sales rose to 1.768 million cars, while Tesla's dropped to 1.79 million. Stay informed and competitive with daily insights from Corp Crunch! Join us for an ad-free experience you can count on https://buff.ly/4g0JFGi #corpcrunch #corpcrunchnews #dailybusinessupdates #dailybusinessnews #globalnews #viral #trending #bydvstesla #evwars #GlobalEVsales #bandleader #teslarivalry #electricvehicles #cleanenergy #sustainablemobility #bydsuccess #teslachallenger

🚗💥 BYD Company, Tesla’s rival, reported a 21% increase in Q2 electric vehicle sales, reaching 426,039 units, just 12,000 fewer than Tesla's. Tesla is expected to announce a 6% decline in Q2 deliveries due to fierce competition in China and lower demand for older models. In May, new energy vehicles made up 46.7% of total car sales in China, setting a new record! 🌟 Stay tuned for more at tradezing.com #BYD #Tesla #Nio #ElectricVehicles #EV #Innovation #AutomotiveIndustry #MarketTrends #TradeZing

China's BYD ranked No. 1 in EV sales, with more than 2.2 million vehicles sold between January and August 2024. Elon Musk's Tesla ranked No. 2, with over 1.1 million vehicles sold. Among the top 10 EV sellers, six are Chinese EV companies, and three are German brands.

🎃 BYD Outpaces Tesla in Q3 Sales! 🚗💥 BYD reports $28.2 billion in Q3 revenue, surpassing Tesla’s $25.18 billion. 🎃 Why the Shift? Consumers are snapping up hybrid EVs, combining eco-friendliness with practical range—especially in China, where Tesla’s growth has slowed. 🌍🔋 🎃 BYD’s Secret Sauce: With a diverse lineup of hybrids, pure EVs, and traditional models, BYD caters to a range of driver needs, making it a top choice in the world’s largest EV market. ⚡️💪 🎃 Tesla’s Next Move? To compete, Tesla may need to adjust its pricing, expand its model range, or introduce Full Self-Driving in China. 👀🚀 🎃 Big Picture: The takeaway? Flexibility and adaptability are now essential in the rapidly evolving EV landscape. 💡 https://lnkd.in/gtpPAata #BYDvsTesla #EVMarket #Sustainability #Innovation

BYD, China's leading electric vehicle (EV) manufacturer, experienced a significant decline in sales during the first quarter of 2024. Their sales dropped by 43% compared to the fourth quarter of 2023, resulting in Tesla reclaiming the title of the world's largest EV seller. 👉 BYD sold 300,114 EVs in the first quarter of this year, a decrease from their previous record of 526,409 units sold in the last quarter. However, their first-quarter sales still showed a 13.4% increase compared to the same period last year. 👉 Meanwhile, Tesla's first-quarter deliveries totaled 386,810 vehicles, marking a decline of 20.2% from the previous quarter and 8.5% from the same period last year. Despite this decrease, Tesla regained its position as the top-selling EV brand based on first-quarter sales figures. #tesla #BYD #EV #Brandupdates #Global #Markedium

🚗 BYD and Tesla were reshaping the industry dynamics in 2024. While Tesla delivered 1.79M units, BYD achieved a notable production milestone of 1.77M EVs, showcasing the evolving competitive landscape. Key insights: 📈 BYD's remarkable 41% growth in overall vehicle sales (4.27M units) 🔋 Strong performance in Q4 with 595K EVs sold 🌎 Strategic expansion into new markets 💡 Diversified portfolio including EVs and plug-in hybrids What's particularly noteworthy is BYD's evolution from a 1990s battery manufacturer to a major automotive player, while Tesla maintains its position with strong global brand recognition and premium market presence. The #EV sector continues to demonstrate dynamic growth and technological advancement, reflecting broader shifts in global mobility. #EVIndustry #Automotive #Innovation #GlobalBusiness #SustainableMobility

⚡ BYD Overtakes Tesla as the World's Largest EV Producer 2024 marked a seismic shift in the global electric vehicle (EV) market. BYD, a Chinese automaker that started as a battery producer in the 1990s, has officially outpaced Tesla in EV production. With 1,777,965 units produced—about 4,500 more than Tesla—BYD is solidifying its position as a global EV powerhouse. https://lnkd.in/ddrFwC2Y  Interesting insights to consider: 1. Tesla's annual sales declined for the first time ever due to a stale lineup and stiff competition. Its aging Model 3 and Model Y remain the mainstays, while the newly launched Cybertruck struggles to resonate with buyers. 2. BYD grew EV production by 12% and overall vehicle sales by 41%, reaching 4.27M units. Their lineup includes plug-in hybrids and affordable popular models like the BYD Seagull. 3. Government subsidies and relentless innovation have turned China into the world's top vehicle exporter. 2024 feels like the turning point for the EV race. With Tesla planning affordable new models in 2025, can it reclaim its crown? Only time will tell. Also, check out our articles on: * The Impact of Expert Networks on Innovation and R&D https://lnkd.in/dXY6M3ZS * Expert Networks Calls: Bridging the Knowledge Gap in Industries https://lnkd.in/dyVQBXvy #ElectricVehicles #EV #EVProduction #Tesla #BYD #GlobalTrends #2025 #China