BYD Surpasses Tesla as Top EV Seller with 2.26 Million Units in 2025
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 1d ago
0mins
Source: CNBC
- Sales Milestone: BYD sold 2.26 million battery-powered vehicles in 2025, surpassing Tesla's 1.64 million, demonstrating the dominance of Chinese EV manufacturers and solidifying its competitive edge in the global EV market.
- Market Share Growth: This sales increase not only reflects strong domestic demand for BYD but also indicates the effectiveness of its international expansion strategy, thereby enhancing its brand influence and market share.
- Industry Trend: BYD's success highlights the rise of Chinese manufacturers in the global EV sector, potentially prompting other automakers to increase their investments and R&D efforts in electric vehicles.
- Future Outlook: The sales growth lays a solid foundation for BYD's future business expansion, with expectations of continued investment in technological innovation and market development to tackle intensifying competition.
Analyst Views on BYD
Wall Street analysts forecast BYD stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for BYD is 91.11 USD with a low forecast of 85.00 USD and a high forecast of 100.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
9 Analyst Rating
4 Buy
5 Hold
0 Sell
Moderate Buy
Current: 88.400
Low
85.00
Averages
91.11
High
100.00
Current: 88.400
Low
85.00
Averages
91.11
High
100.00
About BYD
Boyd Gaming Corporation is a gaming company. It operates over 28 gaming entertainment properties in 10 states, manager of a tribal casino in northern California, and owner and operator of Boyd Interactive, a B2B and B2C online casino gaming business. Its segments include Las Vegas Locals, Downtown Las Vegas, Midwest & South, and Online. The Las Vegas Locals segment consists of eight casinos in the Las Vegas metropolitan area. The Downtown Las Vegas segment consists of three properties: California Hotel and Casino, Fremont Hotel & Casino, and Main Street Station Hotel and Casino. Its Midwest & South properties consist of five land-based casinos, five dockside riverboat casinos, three racinos and four barge-based casinos that operate in nine states, predominantly in the Midwest and southern United States. The Online segment includes its online gaming operations through collaborative arrangements with third parties throughout the United States and the operations of Boyd Interactive.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
