Chinese automaker BYD Co. (BYDDF) sold 526,409 fully electric vehicles in the fourth quarter, meaning Tesla (TSLA) will need a record showing to maintain its No. 1 status when it unveils sales figures on Tuesday, Bloomberg’s Danny Lee reports. China’s best-selling car brand reported EV and hybrid sales of 340,178 in December – including 190,754 all-electric cars – aided by aggressive end-of-year discounting, according to an exchange filing Monday. In total, BYD sold 3.01M units in 2023.
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