試す 金 - 無料
How BYD Caught Up With Tesla in the Global EV Race
The Straits Times
|July 17, 2025
The Chinese group is poised to outsell its US rival in 2025 after it dramatically narrowed the technology gap between the two.
In mid-2022, when BYD executive Lian Yubo was asked to compare Chinese manufacturing with Tesla's technology, he remarked that Mr Elon Musk was an example that all Chinese carmakers could learn from. "Tesla is a very successful company no matter what. BYD respects Tesla and we admire Tesla," he said in an interview on Chinese state media.
Yet just three years later, Tesla's technological lead over its Chinese rivals has narrowed dramatically. It is fighting to stay ahead in the world's largest car market, its sales are falling in many other countries and its efforts to develop fully self-driving vehicles are running into regulatory roadblocks.
Having once scoffed at the idea that BYD could ever be a competitor to Tesla, Mr Musk returned from a visit to China in 2024 with a somber assessment for his senior management. "He had seen the BYD factories, the cost and their tech," says one former Tesla executive, adding that Mr Musk believed China was winning the electric vehicle (EV) race.
As Tesla's sales decline following Mr Musk's forays into US politics and amid a lack of new models, BYD has overtaken it to become the world's largest manufacturer of EVs. Its annual revenues surpassed US$100 billion (S$128.5 billion) for the first time in 2024.
Now, the industry's shift towards autonomous vehicles and artificial intelligence (AI) is writing a new chapter in what has become not just a rivalry between the world's top two EV makers but a central pillar of US-China technological competition.
"In the West, Tesla still owns EVs; they still have a clear lead on software-defined vehicles and everyone is still trying to catch up to that," says Barclays analyst Dan Levy. "China is a different situation. Tesla's lead from a tech perspective is not nearly as clear, if there's any lead at all."
このストーリーは、The Straits Times の July 17, 2025 版からのものです。
Magzter GOLD を購読すると、厳選された何千ものプレミアム記事や、10,000 以上の雑誌や新聞にアクセスできます。
すでに購読者ですか? サインイン
The Straits Times からのその他のストーリー
The Straits Times
EX-ICE SKATING OFFICIAL WINS $190K DAMAGES
President of affiliate club, found by court to have defamed her, appealing against ruling
2 mins
March 06, 2026
The Straits Times
Malaysian actor Zheng Xi Yong raves about his small role in Netflix series Bridgerton
There is now a Southeast Asian connection to Bridgerton (2020 to present) after the hit Netflix series featured its first East Asian family of characters in its latest season.
1 min
March 06, 2026
The Straits Times
Mixed reactions to $4 flat fare for Punggol self-driving shuttle
Punggol residents have had mixed reactions to the $4 flat fare that has been announced for Grab’s self-driving shuttle services, which will begin in mid-2026.
3 mins
March 06, 2026
The Straits Times
LPA applications to be made permanently free of charge for S'poreans
To encourage more Singaporeans to plan early for their future, including end-of-life scenarios, Lasting Power of Attorney (LPA) Form 1 applications will be made free of charge for all Singapore citizens from April 1.
1 mins
March 06, 2026
The Straits Times
Carpark gantry failures deserve accountability
Acting Transport Minister Jeffrey
1 mins
March 06, 2026
The Straits Times
Winter Paralympics set for icy opening due to boycott
The Milano-Cortina Winter Paralympics start on March 6, but the atmosphere at the opening ceremony has been dampened by Ukraine leading a boycott against the presence of a handful of Russian competitors in the competition.
2 mins
March 06, 2026
The Straits Times
REMATCH ON THE CARDS IN DUBAI GROUP 3
Marbaan and Mysterious Night renew their rivalry after running 1-2 in 2025 Ras Al Khor
3 mins
March 06, 2026
The Straits Times
Outward Bound Singapore Coney Island campus to open in second half of 2026
The new Outward Bound Singapore (OBS) campus on Coney Island will officially open in the second half of 2026, a decade after it was announced during Budget 2016.
2 mins
March 06, 2026
The Straits Times
Djokovic tips Williams for Wimbledon return
Novak Djokovic suggested on March 4 that Serena Williams could view Wimbledon as the ideal venue to return to tennis, if the 23-time Grand Slam champion decides to make a comeback later this season.
2 mins
March 06, 2026
The Straits Times
Retail sales dip 0.4% in Jan, partly because of later CNY timing
Takings at the till dipped 0.4 per cent year on year in January, reversing the 2.5 per cent growth recorded in December.
3 mins
March 06, 2026
Listen
Translate
Change font size
