Warren Buffett’s BYD Unseats Tesla as the World’s No. 1 Electric Vehicle Maker
Posted on AllSides July 6th, 2022
From The Center
Tesla has lost its status as the world’s largest electric vehicle maker to BYD, a Chinese automaker backed by Warren Buffett’s Berkshire Hathaway, a result of to Covid lockdowns, parts shortages and increased competition. In the first six months of 2022, BYD sold nearly 100,000 more electric vehicles globally than Tesla, according to delivery numbers released by the two companies over the weekend.