BYD

BYD Reaches 15 Million Electrified Vehicles and Overtakes Tesla

Chinese automaker BYD has reached a historic milestone: 15 million electric and plug-in hybrid vehicles produced by December 2025. Even more impressive, the company added 1 million vehicles in just 66 days, confirming its position as the world’s largest manufacturer of New Energy Vehicles (NEVs) and overtaking long-time leader Tesla.

Headquartered in Shenzhen, BYD celebrated this achievement before the end of the year, highlighting an accelerated production pace and a growing competitive advantage in the global electrified vehicle market.

With only weeks left in 2025, industry analysts already consider BYD’s crowning as the largest global seller and producer of electric vehicles virtually guaranteed, bringing to an end more than a decade of Tesla’s dominance.


⏱️ Production Accelerates at Record Speed

BYD’s growth trajectory in NEVs has been both consistent and explosive:

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📅 Year / Period🚘 Cumulative NEV Production
End of 202410 million units
Mid-202513 million units
December 202515 million units

➡️ 5 million electrified vehicles were added in just 13 months, showcasing BYD’s ability to rapidly scale manufacturing across multiple markets.

On October 13, 2025, the company marked the production of its 14 millionth vehicle, maintaining a steady and aggressive output through year-end.


🏆 Global Leadership vs. Competitors

When compared with its closest rivals, BYD’s scale becomes unmistakably clear:

Manufacturer🌱 Electrified Vehicles Produced (Cumulative)
BYD15 million
Tesla~8 million (all-electric)
Volkswagen Group<3 million (EVs + PHEVs)

📊 This gap firmly positions BYD as the dominant force in the global NEV market, setting the pace for the worldwide energy transition in the automotive sector—with no immediate signs of reversal.


🌐 International Expansion & NEV-Only Portfolio

BYD’s rapid ascent is also driven by its international expansion strategy, with vehicles designed for specific regional markets:

  • 🇯🇵 BYD Racco – tailored for the Japanese market
  • 🇪🇺 BYD Atto 2 DM-i – expected to launch in Europe in the next commercial cycle

🔋 Importantly, BYD’s entire lineup is exclusively NEV-based, combining:

  • Battery Electric Vehicles (BEVs)
  • Plug-in Hybrid Electric Vehicles (PHEVs)

This focused approach has strengthened the brand’s competitiveness far beyond China.


🔄 The 2022 Strategic Shift That Changed Everything

BYD’s current dominance stems from a bold decision made in 2022, when the company completely halted production of internal combustion–only vehicles.

Since then:

  • All R&D and manufacturing capacity has been dedicated to electrified powertrains
  • The brand solidified its leadership in China, the world’s largest NEV market
  • Exports expanded rapidly, boosting global presence despite fierce traditional competition

🚀 If this pace continues, BYD could become the first automaker in history to surpass 20 million plug-in vehicles produced as early as next year, further extending its industrial leadership.