BYD Overtakes Volkswagen As Best-Selling Car Brand In China | CarGuide.PH | Philippine Car News, Car Reviews, Car Prices

BYD overtakes Volkswagen as China's best-selling car brand for Q1 2023. BYD CarGuidePH

For the first time ever, Volkswagen has been dethroned as China’s best-selling car brand. The best-selling car brand in the biggest automotive market in the world now belongs to home-grown BYD.

Pure EV sales for BYD in Q1 reached 264,647 units, up 87 percent year-on-year, representing 48 percent of the total sales. Meanwhile, PHEV sales for the same period reached 283,270 units, up 90 percent compared to last year, accounting for 52 percent of the total sales. The trend reflects the declining influence of legacy foreign brands as Chinese EV makers muscle in with increasingly sophisticated—and affordable—models.

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