BYD to Become Global Leader in Pure Electric Vehicle Market by 2025
Fast Technology News on April 3rd,BYDSince 2022, it has consistently surpassed for three consecutive years.Tesla, consecutively ranked top globallyNew energy vehicle salesChampion.
According to Counterpoint's forecast, this year, BYD will surpass Tesla in the pure electric vehicle market and win the global top spot for the first time!
According to forecasts, in 2025, BYD's global market share of pure electric vehicles will reach 15.7%, surpassing Tesla's 15.3%.
The agency analyzed that BYD's advantage lies in its vertical integration. It controls key components such as batteries, motors, and electronic systems through subsidiaries and is expanding into the charging infrastructure sector.
This end-to-end control is expected to allow BYD to offer vehicles at competitive prices without sacrificing profitability, further consolidating its market leadership position.
Furthermore,BYDThe newly launched ultra-fast charging system outperforms Tesla's Supercharger and sets a new industry standard.
Counterpoint's research analyst Abhik Mukherjee stated, "The system can provide 400 kilometers of range in just 5 minutes, setting a new industry standard that far exceeds the approximately 275 kilometers added by Tesla superchargers in 10 minutes. This technological leap is expected to significantly alleviate consumer concerns about charging time, thereby promoting the popularity of electric vehicles."
In contrast, Tesla is facing multiple challenges. Due to CEO Musk's political stance, his public image in key markets in the United States and Europe has been damaged, leading to consumer boycotts. Data from early 2025 has already shown a decline in sales in these regions.
The escalation of the U.S.-China trade dispute and the increase in tariffs on Chinese electric vehicle components have further disrupted Tesla's supply chain. These factors, combined with product launch delays and intensified competition, are expected to have an impact.TeslaIn 2025, throughout the year.
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