Tesla overtaken by China’s BYD as world’s top-selling electric car maker; UK manufacturing production declines for 17th successive month as it happened

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From 1h ago 09.47 EST Tesla overtaken by China's BYD as the world's top-selling electric vehicle seller China’s BYD has overtaken Elon Musk’s Tesla to become the world’s top-selling electric car maker. BYD, which has been backed by the US investment billionaire Warren Buffett since 2008, is on track to beat Tesla’s production for a second consecutive year. BYD, which stands for Build Your Dreams, said that it produced 3.02m new energy vehicles in 2023, ahead of Tesla which announced Tuesday that it made 1.84m cars. However, BYD’s sales figures include 1.6m battery-only cars, and 1.4m hybrids, which means Tesla...