BYD Has Become The World's Sixth Largest Automaker
BYD achieved significant sales growth in the third quarter of this year and successfully consolidated its position as the world’s sixth-largest automaker. Its new car sales surpassed Ford’s for the first time. According to data, from July to September this year, BYD car sales reached 1.13 million vehicles, an increase of 38% over the same period last year. It sets the most successful quarterly sales in the brand’s history. By comparison, Ford sold about 40,000 fewer vehicles, causing it to slip from the sixth-largest automaker to seventh.
From January to September, Ford maintained a slight lead. Ford has delivered 3.3 million cars globally, slightly higher than BYD’s. However, BYD’s sales growth is strong. And it is expected that BYD’s sales will exceed 4 million units by the end of this year. In addition, BYD’s revenue in the third quarter of this year also reached 201 billion yuan, equivalent to US$27.6 billion, higher than Tesla’s US$25.2 billion.
BYD is still the most popular electric car brand in China. Its BYD Song L has been praised by many consumers in the Chinese market. BYD Song L offers two versions for consumers to choose from. It offers single motor and dual motor, with total motor power of 150kW, 230kW, and 380kW, and total torque of 204N·m, 313N·m, and 517N·m, respectively. The Song L has a very strong acceleration performance and can easily cope with various road conditions. As a B-class SUV, BYD Song L takes into account its appearance, performance, and price. It is the best choice for buying new energy vehicles.
