New Delhi, April 9 -- Chinese electric vehicle (EV) giant BYD has been making headlines for surpassing Tesla-a long-time EV industry leader-in revenue and volume. While BYD's quick rise now faces challenges from tariffs imposed by US President Donald Trump, the company's effort to seek alternate markets in Southeast Asia and South America may insulate it from the uncertainties to some extent.

With BYD reporting revenues of $107 billion in 2024, exceeding Tesla's $97.7 billion, it is expected to surpass Tesla in global market share in 2025 (15.7% versus 15.3%, according to this month's forecast by Counterpoint Research).







BYD has already outsold Tesla in the past two quarters. In the first quarter of 2025, it sold 416,000 battery el...