TSLA - BYD Remains Dominant In China's NEV Market In May Tesla Makes Significant Gains: Report | Benzinga
BYD Co., Ltd. (OTC:BYDDY), Tesla, Inc.’s (NASDAQ:TSLA) leading Chinese competitor in the EV industry, maintained its dominance in China’s new energy vehicle market last month.
Despite this, Tesla made gains, climbing two spots in the rankings.
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In May, BYD’s retail sales of passenger NEVs in China reached 268,226 vehicles, solidifying its top position with a 33.4% market share, CnEV Post