BYD posts record electric vehicle sales in May as it chases down Tesla

BYD continued its astonishing growth in the EWV market, selling 119,603 fully electric vehicles in the month of May as it seeks to knock US heavyweight Tesla off its perch as the world’s biggest seller of EVs.

The May number took BYD’s annualised sales rate to 1.4 million BEVs, slightly higher than Tesla’s 2022 total sales of 1.3 million, although Tesla hopes to sell 2 million EVs in calendar 2023.

The May BEV sales numbers represent a 124%…

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