Chinese electric car maker BYD has surpassed the rival Tesla in the year 2021. The Schengen -based company said their revenue increased by 20 percent to $ 5 billion, which exceeded Tesla's $ 1.5 billion revenue. A large number of BYD's hybrid cars have played a major role in this growth.
The BBC said on Tuesday that the BYD recently unveiled a low -cost car. This car has long been in the market as a rival to the Tesla Model 1, the best-selling electric vehicle (EV) in China.
Meanwhile, Elon Mask's Tesla is facing adversity around the world because of its relationship with US President Donald Trump. And Chinese car makers are suffering the customs policy of Western countries.
In 2021, the BYD sold a number of electric cars near Tesla. During the year, Tesla's electric cars were sold at 1 lakh 3 thousand, and BYD's electric cars were sold at 1 lakh 3 thousand. However, the BYD is far ahead when considering the sale of hybrid cars. The company sold 1 million cars around the world last year.
Last Sunday, the BYD unveiled the new model Kin -l, which would directly challenge Tesla. The initial value of this model in China is 1 lakh 5 thousand 5 yuan, where the original edition of Tesla Model-1 cost 2 lakh 5 thousand 5 yuan.
Meanwhile, BYD founder Wang Chuanfu announced the new battery charging technology last week, capable of chargeing an EV in just five minutes. It takes about 5 minutes to charge a car in the relatively super charger technology.
Last February, the BYD announced that their 'Gods Eye' advanced driver-help technology would be updated freely on all models.
