BYD
- China is the biggest market for electric vehicles on the planet.
- It's a crucial battleground for Tesla, where rival BYD is about to officially steal its crown as most popular.
- The most popular electrified SUVs in China come from BYD, Li Auto, Zeekr, and more.
China is the biggest market in the world for electric cars and a crucial region for Tesla, the world leader in battery-powered car sales.
But the country's electric vehicle market is ripe with competition from established automakers and startups. Although the Tesla Model Y was the second-best-selling electrified SUV in China in 2022, many other models are making things difficult for Elon Musk.