Tesla, BYD Jockey for Electric Car World Domination

By [email protected] Chinese electric-car maker BYD sold the most electric cars last year, beating out Silicon Valley’s Tesla, according to a new report from the analysts at Bloomberg New Energy Finance.

BYD shipped 102,500 electric vehicles (EVs) to its customers in China last year, while Tesla delivered closer to 75,000 electric cars, mostly in North America, but also in Europe and China, says the report.

However, with Tesla’s more expensive luxury EVs, the California automaker was able to generate more revenue from its electric-car sales than BYD, with its lower-cost car models.

Tesla generated revenue of $6.35 billion from electric car sales in 2016, while

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