BYD, the Chinese automaker and global leader in electric cars has concluded 2023 with record-breaking sales volume of 3 million vehicles. The company surpassed the annual sales target and becomes the global new energy vehicle (NEV) sales leader, 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 terms of sales, December 2023 saw 341,043 units being sold in a single month, 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.
In 2023, BYD’s international market presence surged remarkably, with exports growing by 334.2% to 242,765 units and its reach across over 70 countries on six continents.
In 2023, BYD introduced the Dynasty series, Ocean series, DENZA, FANGCHENGBAO, and YANGWANG. The Dynasty and Ocean series achieved sales of 2,877,353 units, marking a 55.3% increase from the previous year.
DENZA sold 127,840 units in 2023, with the DENZA D9 emerging as the annual MPV sales leader. Besides, the upcoming OTA for DENZA N7 is set to showcase BYD’s position in intelligent vehicle technology.
YANGWANG and FANGCHENGBAO, both launched in 2023 and initiated deliveries in November, received good market responses, as per BYD. YANGWANG U8 emerged as a top seller in the million-level NEV segment, while BAO 5 established a strong foothold in the off-road segment.