BYD Ends 4th Quarter with Record 3 Million Annual Sales, Leading Global NEV Market

Tesla‘s biggest competitor BYD has concluded 2023 with record-breaking sales volume, which surpasses the 3 million annual sales target and becomes the global new energy vehicle (NEV) sales champion, for the second year in a row.

This year also marks BYD being listed among the global top 10 of car sales for the first time. In the Chinese market, BYD retained its position as the best-selling car brand and manufacturer.

BYD said in a press release, December saw sales of 341,043 units, a 45% increase, culminating in a total of 3,024,417 vehicles sold throughout the year, a substantial 61.9% surge from the previous year.

From leading China’s NEV market to becoming the top global NEV seller, and now ranking among the top ten in the global automotive industry, BYD has showcased the vast potential of the new energy sector.

With the commitment to leveraging “technological innovations for a better life,” BYD will continue to accelerate the transition towards a greener future and contribute to its vision to “Cool the Earth by 1°C.”