BYD cuts into Tesla's lead in global EV sales, reaching No. 2

Hyundai also gained ground in first half as U.S. drivers went electric

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BYD's sales of electric vehicles more than tripled on the year in the first half of 2022. © Reuters

RYOTARO YAMADA, Nikkei staff writer

TOKYO -- China's BYD became the world's No. 2 seller of electric vehicles globally for the first six months of 2022 on the strength of lower-priced models, trailing only Tesla, while the Hyundai Motor group rose to fifth, in a Nikkei ranking.

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