In the end, American companies relied on it, and Chinese cars went global with pure electric vehicles
With the arrival of the second half of 2022, BYD has surpassed Tesla in the second quarter, which means that Chinese automakers have replaced Tesla's last leading position, which is definitely a huge impact for Tesla.
BYD has long surpassed Tesla and occupies an absolute leading position in the field of new energy, but Tesla still has an absolute upper hand in the segment, and it is not until the third quarter of 2022 that Tesla occupies a leading position in the field of pure electric vehicles.
However, in the fourth quarter of this year, BYD sold 526,000 BEVs, compared to Tesla's 484,000. In other words, even in the field of electric vehicles, BYD has surpassed Tesla, that is, Tesla is no longer the world's leader in the field of electric vehicles.
Tesla, as a leader in the field of electric vehicles, as early as 2003 when the first car was produced, has focused on pure electric models, after more than ten years of development, Tesla has surpassed the United States BMW and Mercedes-Benz, won more investors recognition, but let Tesla on the right track, it is the Chinese.
In 2018, Musk slept in the factory in the United States to help Tesla build a new factory, and under Musk's leadership, Tesla's production reached a predetermined level, known as "capacity purgatory", until Tesla moved the factory in Shanghai here, Musk finally realized the strength of China.
At the beginning of 2019, Tesla's Shanghai factory started construction and went into production at the end of the same year, and two years later, the production capacity of Tesla's Shanghai factory has surpassed that of the United States, according to 2022 figures, Tesla sold a total of 1.31 million cars, of which 710,000 were made in Shanghai, and Shanghai is Tesla's largest factory in the world.
The Shanghai factory also shows that China's products** are far lower than those in the United States, and industry experts say that Shanghai's Mode3 is 60% lower than that of the United States, which is the main reason why Tesla was able to significantly reduce the production of Mode3 and Model Y products at its Shanghai factory**. In addition, Tesla models in Shanghai are also sold in large quantities to Europe and Japan, making it an important export base for Tesla.
Tesla has won a great victory in China, driving the rapid development of new energy vehicles in China, with BYD as a typical example.
Under the leadership of Tesla, BYD has become more and more well-known in the Chinese market, and BYD has also abandoned traditional fuel models during this period and focused on the research and development of new energy models.
2023 is undoubtedly a huge leap forward for BYD, which has achieved sales of 100,000 units, 200,000 units and 300,000 units in a month, but while Tesla only focuses on electric vehicles, BYD has brought both pure electric and hybrid models to the market, which is also a key factor in BYD's great success.
BYD's monthly sales growth has made BYD the fourth largest in the world and the first time that China has been among the world's top 10 car companies.
But at that time, the industry felt that Tesla still occupied an absolute leading position, but from Q4 2023, Tesla no longer had a leading advantage, which made Tesla's leading position in the field of electric vehicles disappear.
China's rapid growth in new energy vehicles has also boosted China's car exports, which will export 4.5 million cars in the first 11 months of next year, compared with less than 4 million in Japan. China is expected to surpass Japan in car exports next year, thus surpassing Japan for the first time.
The establishment of Tesla in China has promoted the development of China's new energy vehicle industry, and also promoted the development of China's new energy vehicle companies, as well as China's automobile exports, which Musk did not expect.