BYD Tops Southeast Asia EV Sales, Tesla Drops in Hong Kong

Chinese EV BYD overtakes Tesla in Hong Kong and dominates Indonesia’s EV market in the first half of 2025.
BYD vehicles await export at a Hangzhou terminal, June 2, 2025. (Photo: Long Wei/CFoto via AFP)

BYD overtakes Tesla in Hong Kong and dominates Indonesia’s EV market in the first half of 2025. With tariffs rising in the West, China’s electric vehicle giants are rapidly expanding across Southeast Asia.

In the first half of 2025, BYD overtook Tesla in Hong Kong and captured more than half of Indonesia’s electric vehicle (EV) market, solidifying its regional lead as Chinese brands outmaneuver rivals from the U.S., Europe, and Japan.

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