Arjun Kharpal | CNBCBEIJING — BYD produced more than 3 million new energy vehicles in 2023, surpassing Tesla 's production for a second straight year.
Tesla said Tuesday it produced 1.84 million cars in 2023.
While total production surpassed Tesla, BYD manufactured 1.6 million battery-only passenger cars and 1.4 million hybrids, putting Tesla on top for battery-only production.
Stock Chart Icon Stock chart iconEven though it surpassed the 3 million mark, BYD's annual sales slightly missed CLSA's expectations for 3.05 million vehicles.
BYD said it sold 3.02 million new energy vehicles in 2023.
Persons:
BYD, Arjun Kharpal, Tesla, Elon, Aito, Geely, Zeekr, Nezha, Joel Ying, — CNBC's Michael Bloom
Organizations:
CNBC BEIJING, Elon Musk's, Monday, Overseas, CNBC, EV, China, EU
Locations:
Europe, Munich, Germany, China, Hong Kong, Hungary