Chinese automaker BYD has set a new global record for electric vehicle (EV) sales in 2025, selling a total of 2.26 million units worldwide, the company said in a statement.
The milestone marks the highest annual EV sales ever achieved by a single manufacturer and places BYD ahead of US rival Tesla for the first time on a yearly basis.
Tesla had reported sales of 1.22 million electric vehicles by the end of September 2025, with its full-year results expected to be released on Friday.
According to a foreign news agency, BYD disclosed the sales figures in a statement submitted to the Hong Kong Stock Exchange.
The report noted that while BYD and other Chinese automakers face steep tariffs in the United States, the company’s sales continue to grow strongly across Southeast Asia, the Middle East and Europe.
It is worth noting that in 2024, Tesla narrowly outperformed BYD, selling 1.79 million electric vehicles during the year, compared to BYD’s 1.76 million units.