BYD has achieved its annual sales target of 3 million vehicles for 2023, securing the top spot as the global leader in eco-friendly vehicles for the second consecutive year. With record sales, BYD has made it into the top 10 global automotive sales rankings for the first time and has maintained its status as the bestselling automotive brand and manufacturer in the Chinese market.
The December sales reached 341,043 units, bringing the total for 2023 to 3,024,417 vehicles sold. This represents a staggering increase of 61.9% compared to the previous year. In terms of overseas exports, sales soared by 334.2% year-on-year, totaling 242,765 units, and the company has notably expanded its international presence in over 70 countries across six continents.
With a commitment to providing more eco-friendly and efficient mobility solutions alongside global top-tier partners, BYD’s technology and products are receiving recognition from numerous global consumers.
BYD has completed a total of five brand matrices, including the Dynasty series, Ocean series, DENZA, FANGCHENGBAO, and YANGWANG, making it the manufacturer with the most extensive portfolio among global eco-friendly vehicle manufacturers.
Last year, sales of the Dynasty and Ocean series vehicles reached 2,877,353 units. DENZA sold 127,840 units, and the DENZA D9 even became the best-selling vehicle in China’s multipurpose vehicle market. The recently launched YANGWANG and FANGCHENGBAO models, which began deliveries in November 2023, have also received positive responses in the market. The YANGWANG U8 has emerged as a bestseller in the premium eco-friendly vehicle segment.
Starting with its leadership in the Chinese eco-friendly vehicle market, reaching the number one spot in global eco-friendly vehicle sales, and achieving a top 10 position in the global automotive industry, BYD has demonstrated immense potential in the green sector. Driven by its corporate mission of “Technological Innovation for a Better Life” and the vision of “Reducing the Earth’s temperature by 1°C,” BYD is striving for a more eco-friendly future.
Lee Sang-jin daedusj@autodiary.kr