# BYD overtook Tesla last year as the world's top seller of fully-electric vehicles.

*business · news · 2026-04-12 · CBS News*

## Key points

- BYD overtook Tesla as the world's top seller of fully-electric vehicles last year.
- BYD can manufacture cars for 25 percent less than Western competitors due to its battery supply chain.
- President Biden imposed a 100 percent tariff on Chinese EVs in 2024, doubling their U.S. price.
- BYD markets advanced features like five-minute charging and 360-degree turning to attract global buyers.
- Experts warn U.S. tariffs may hinder domestic innovation and long-term competitiveness in electric vehicles.

**Companies:** BYD, Alan Day Motor Group, New Automotive
**Countries:** China, United States, United Kingdom, Norway

[Read the full story on CBS News](https://www.cbsnews.com/news/byd-electric-vehicles-from-china/)

---

Canonical: https://newsio.io/n/d8f48dd1-68a8-4a3a-8f01-41f26f0956be/byd-overtook-tesla-last-year-as-the-worlds-top-seller-of-fully-electric-vehicles
Summarized by Newsio from CBS News. https://newsio.io/how-it-works