China's BYD overtakes Tesla as world’s most popular electric vehicle maker

BYD exhibits its cars ahead of the Munich Motor Show in September.

China’s BYD bills itself as the biggest car brand you’ve never heard of. It might need a different tagline soon.

The automaker is poised to surpass Tesla as the new worldwide leader in fully electric vehicle sales. When it does — likely in the current quarter — it will be both a symbolic turning point for the EV market and further confirmation of China’s growing clout in the global automotive industry.