Chinese electric vehicle manufacturer BYD has reported remarkable annual sales exceeding $100 billion, outpacing its chief competitor Tesla. With a significant surge in sales of 29% and a striking $107 billion in revenue, BYD is rapidly establishing itself as a dominant force in the global EV market. This impressive performance signals a potential shift in the electric vehicle landscape, pushing Tesla to a more competitive position. Analysts note that BYD’s focus on innovative technology and new energy vehicles has resonated with consumers, particularly in China, cementing its lead in one of the world’s largest car markets.