BYD Advances, Challenges Toyota And Volkswagen Dominations On Global Market

BYD Seal. (Doc. BYD Company)

JAKARTA BYD continues to expand its market share in the automotive world with global sales of 315,600 cars in July. This sales figure turns out to put BYD in third place after two major manufacturers, Toyota and Volkswagen.

According to the August financial report, reported by InsideEVs, September 5, two-thirds of BYD's sales are hybrid vehicles. Despite a brilliant achievement in July, BYD is still ranked 8th out of total sales if calculated from the beginning of the year to July.

BYD also continues to expand its market to various countries. From lebih dan Tobago hingga Korea Selatan, produk EV, Hybrid, dan PHEV BYD kini tersedia hampir di seluruh dunia, kecuali Amerika Serikat. Strategi ini terbukti berhasil, dengan BYD menjadi merek tersar ketiga di dunia pada bulan Juli.

Toyota leads with sales of 651,200 units, followed by Volkswagen with 346,200 units. Tesla is in 13th position with sales of 112,400 units.

BYD has shown significant growth, especially in sales of pure electric vehicles, which increased by 12 percent. Although overall sales this year are still behind brands such as Honda, Toyota, and Chevrolet, BYD has proven its worth in the electric vehicle market.

BYD's success can be attributed to good product quality and competitive prices. This attracts many consumers, even in the midst of intense competition from European brands.

BYD is predicted to continue to develop in the future. China's automotive market tends to increase in the second half of this year, and BYD has managed to overcome challenges such as import rates in several countries.

With new products like Seal 06 GT, BYD has the potential to achieve higher achievements this year.