World-renowned electric vehicle maker Tesla and Chinese brand BYD have seen stiff competition in sales of new energy vehicles. Both the companies are competing fiercely in terms of sales around the globe.
BYD manufactures its vehicles in China. It also produces full electric, plug-in hybrid cars. As both of these vehicles are called New Energy Vehicles, BYD's sales numbers seem to be in competition with Tesla's.
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However, all the units sold by Tesla are fully electric. As Tesla is a company that does not use any kind of hybrid technology, all its products are based on battery EVs.
In January, February, and March of 2022, Tesla sold 310,048 units of cars. The number of Model 3 and Model S sold is the highest.
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BYD has also sold 286,329 units of new energy vehicles in the last three months. About 50 percent of which is part of the plugin hybrid.
After Tesla and BYD, Volkswagen sold 99,100 units and Willing sold 94,778 units of electric cars.