BYD Outsells Tesla in 2022 to Take No. 1 Spot
In December, BYD proved Warren Buffett's Berkshire Hathaway's confidence in the company was not misplaced by recording a huge number of EV sales and solidifying its spot as the leading seller of non-fossil-powered vehicles in the world. BYD, a car manufacturer based in Shenzhen, China, reported that sales of its all-electric vehicles increased 4% from November to December. With the majority of the sales being in China, BYD saw its sales triple to 1.86 million cars overall last year. Since March 2022, BYD, which began as a battery manufacturer, has seen its sales increase monthly, setting new records in 10…