China's BYD posts 21% jump in quarterly EV sales, closes gap with Tesla

China's BYD posts 21% jump in quarterly EV sales, closes gap with Tesla

FILE PHOTO: A person walks next to BYD Seal car in a BYD Auto company and Autotorino store in Milan, Italy, March 20, 2024. REUTERS/Claudia Greco/File Photo

China’s BYD posted a 21% rise in second-quarter electric vehicle sales, closing the gap with Tesla after handing back the world’s top EV vendor title to the U.S. rival in the first quarter.