IntroductionChina’s electric vehicle (EV) manufacturer BYD has overtaken Tesla in global EV export rankings, marking a significant milestone in the international automotive market. The company’s growth reflects a combination of aggressive production expansion, government policy support, and rising global demand for clean energy
Policy Context:China’s electric vehicle (EV) industry has seen a surge in exports, with BYD overtaking Tesla in global shipments for Q3 2025. Government policies promoting EV manufacturing, renewable energy integration, and export incentives have contributed significantly to this growth. Policy measures include subsidies
China’s EV makers are exporting at a record pace, reshaping global supply chains and trade balances. A New Wave in Global Auto Trade In 2025, China has emerged not just as the world’s largest producer of electric vehicles (EVs) but also as the
