The shift in rankings lands at a politically sensitive moment, with Washington and Brussels already scrutinizing Chinese EV imports and raising tariffs over concerns about overcapacity and state support. Any further clampdown could complicate BYD’s overseas push even as it entrenches dominance inside China, where competition remains fierce and local subsidies are being pared back.
Tesla is officially smaller than China’s BYD in EV sales as it reports second-straight year of falling sales
