No, BYD does not sell more electric cars than Tesla (for now)

The fight for the electric car has more and more contenders, in Europe and globally. China plays in its own league with a gigantic market not only in absolute terms, but also in relative terms: so far in 2022, one in five new cars in China are pure electric (BEV). The manufacturer that sells the most electric cars in China is BYD, which is making it climb steps in the world ranking, whose throne belongs to Tesla. After announcing the results of the last quarter, some international and national media assure that BYD has surpassed Tesla, but the Chinese company has not yet achieved such a milestone.

According to BYD’s latest sales report, which includes the results of the first half of 2022, the Chinese company has sold 641,350 “new energy” vehicles globally. That name is used in China to group plug-in hybrid vehicles, battery electric vehicles and fuel cell electric vehicles. In this bag, therefore, the pure electric BYDs and the plug-in hybrid BYDs are included.

In the first half of the year Tesla has sold 74.5% more electric cars than BYD

BYD’s figures are spectacular and represent an increase of 314.9% compared to the first half of 2021. Now, if we subtract plug-in hybrids from the total of “new energy vehicles”, we have to BYD sold 323,519 pure electric cars in the first half of 2022. The question is: how many electrics did Tesla sell?

The company led by Elon Musk delivered 310,048 cars in the first quarter and 254,695 more cars in the second. All of them electric, obviously. Total Tesla has sold 564,743 electric cars in the first half of 2022, which is 241,223 units more than BYD in the same period (74.5% more). Some figures that are worth Tesla to continue being the largest manufacturer of electric cars in the world.

Tesla Model Y

It may be a matter of time before BYD overtakes Tesla as the world’s largest electric car maker, especially considering the rapid growth the Chinese company is experiencing. However, Tesla remains at the moment the manufacturer that sells the most electric cars in the world – by far, as we have seen – and it does not seem that BYD can prevent it this year.

BYD’s goals for the year 2022 are still far from Tesla

In the last quarter, Tesla has suffered its first sales drop in a long time. In the second quarter of 2022, the American company has suffered a 17.9% drop in deliveries compared to the previous quarter, a decrease that is mainly caused by the temporary closure of the Shanghai factory as a result of the strict confinement that the city suffered. Tesla’s Shanghai Gigafactory, responsible for about half of Tesla’s production globally, was closed for 22 days in May due to lockdowns in Shanghai.

BYD, for its part, has managed to circumvent local/regional lockdowns and keep its factories running, as most of its centers are far from major COVID hotspots like Shanghai, where Tesla has its Gigafactory. BYD announced in its last meeting with investors that the sales target for “new energy vehicles” for this 2022 is between 1.1 and 1.2 million units, of which about 600,000 will be pure electric. For reference, Tesla sold 936,172 electric cars last year and expect to exceed that figure in 2022, far exceeding the figure magical of the million

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