China's Warren Buffett-backed BYD has dethroned Tesla as the world's largest electric vehicle maker, selling 77,000 more cars so far in 2022

Quick Summary:

Elon Musk's Tesla was hit by production issues in China amid a lockdown in Shanghai, which forced the company's Gigafactory to close for 22 days.

Even once the factory's production restarted, it fumbled as it attempted to reach pre-pandemic levels due to ongoing parts shortages.

Of those sales, 323,519 were battery electric vehicles.

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Article Details

Category: Economy

Markets: United StatesChinaHong Kong

Topics: Tech Insider Byd EV News Tesla

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2022-07-05 @ 09:48:07 (8 months ago)

News Timezone: GMT -5:00

News Source URL: businessinsider.com

Language: English

Article Length: 276 words

Reading Time: 2 minutes read

Sentences: 37 lines

Sentence Length: 8 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Business Insider

News ID: 31168

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