Tesla Kept EV Sales Crown in 2023, but Competition Is Closing In

Tesla Kept EV Sales Crown in 2023, but Competition Is Closing In

Legacy manufacturers are wary about impending challenges in the electric car marketplace, but EV-specific startups like Rivian and Tesla are holding on to buyers.Tesla managed to deliver around 1.8 million units to customers globally last year, earning the California-based manufacturer the top spot on the BEV sales podium.However, with over 3 million BEV and PHEV models sold in 2023, Chinese automaker Build Your Dreams (BYD) was the biggest electrified-vehicle seller of 2023. Mainstream manufacturers have been sounding the alarm about electric-vehicle sales for the past few months, prompting production scale-backs…