BYD: Uncontested Global Leader in Electrified Vehicles
This page is translated from the original post "BYD Leader mondial incontesté des véhicules électrifiés" in French.
- 04/01/2024 10:24
BYD closed 2023 with a record sales volume, surpassing the target of 3 million electrified vehicles.
Thus, BYD is the world champion in new energy vehicle (NEV) sales for the second consecutive year. For the first time in its short history, which began in the early 2000s, BYD is among the top 10 car sales worldwide. In the Chinese market, BYD easily maintained its position as the most sold brand and automaker.
In December, sales reached 341,043 units, a 45% increase, bringing the total for the year to 3,024,417 vehicles sold, a substantial increase of 61.9% compared to the previous year.
In 2023, BYD’s presence in the international market increased remarkably, with export growth of 334.2% to reach 242,765 units across more than 70 countries on six continents. Better still, the brand is beginning to establish a strong reputation outside its traditional borders, and BYD’s technology and products are now widely recognized as benchmarks.
2023 also provided an opportunity for BYD to complete its range of brands, notably with the highly anticipated Yangwang models, including the stunning Hypercar U9.
From its leadership in the Chinese NEV market to becoming the world’s top NEV seller, and making its way into the top ten global automotive industry players, BYD has largely succeeded in its massive investment in new energies. The giant’s next goal? Simply to “cool the Earth by 1°C”!
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