On April 3, it was reported that Tesla once again surpassed BYD in quarterly sales, after BYD surpassed Tesla for the first time in the fourth quarter of last year.
Yesterday, both BYD and Tesla released their delivery data for the first quarter (BYD’s data is an estimate), and both automakers were affected by the slight slowdown in the global electric vehicle market. Tesla delivered 386,810 vehicles in the first quarter, and BYD delivered about 300,114 pure electric vehicles (BEVs). It is worth mentioning that, including plug-in hybrids and other models, BYD sold a total of 626,300 new energy vehicles in the first quarter, a year-on-year increase of 13.44%.
This also means that Tesla has regained the title of the world’s largest pure electric vehicle manufacturer. Tesla held this title for most of last year, but was surpassed by BYD for the first time in the fourth quarter.
For Tesla, its delivery volume decreased by 8.5% year-on-year, which was lower than 422,875 vehicles in the first quarter of 2023, and also decreased by about 20.2% compared to the fourth quarter. IT Home noticed that BYD’s delivery volume also decreased by 43% compared to the record high of 526,409 pure electric vehicles in the fourth quarter, but its pure electric vehicle sales still increased by 36% compared to the first quarter of 2023.
