Tesla

This was partly due to Tesla accelerating deliveries in China toward year-end so consumers could take advantage of more favorable tax policies in 2025.

Tesla's Shanghai factory reached the milestone of producing its 4 millionth China-made vehicle 1 month ago.

Tesla has begun offering ultra-long-term low-interest financing for its EVs in China to offset the impact of the newly implemented purchase tax.

The five-seat Model Y's center display has been upgraded from the previous 15.4-inch 1080P panel to the 16-inch 2K resolution screen used in the six-seat Model Y L.

Tesla's retail sales in China came in at about 94,000 units in December, marking a year-on-year increase of about 13%.

BYD's full-year 2025 BEV sales reached 2,256,714 units, surpassing Tesla's 1,636,129 units for the first time.

Tesla today saw the rollout of its 9 millionth EV globally at Giga Shanghai, with the milestone vehicle being a Model Y.

BYD registered 21,133 new vehicles in Europe in November, compared to Tesla's 22,801 units.

Two of the Model 3's four variants now have delivery wait dates of February 2026, while the other two remain at 4-6 weeks.

BYD maintained its dominant lead in the global BEV market in the third quarter, followed by Tesla and Geely.