China’s BYD caps big year by surpassing Tesla in quarterly sales

NEW YORK/GUANGZHOU — Chinese automaker BYD has surpassed Tesla in global quarterly sales for the first time to become the world’s top seller of electric vehicles, capping a year of new model launches that saw domestic sales soar.

Tesla sold 480,000 vehicles in the October-December quarter, the U.S. automaker said Tuesday, falling below BYD’s previously announced total of 520,000 units.

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