Chinese Electric Vehicle maker BYD overtook Elon Musk's Tesla to top the chart of the global passenger EV market in Q4 2022.
The car manufacturer grew 153% YoY in Q4 2022, to command a sizeable 20% market share ahead of Tesla's 12%. In the same quarter in the previous year, Tesla was ahead by 2 percentage points, however, BYD’s three best-selling models – Song, Qin and Han – drove sales in both 2022 and Q4 2022 accounting for over 55% of its total sales and boosting it ahead of Tesla.
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