Currently reading: BYD sells nearly two million cars in 2022
Chinese manufacturer believes it can double its sales in 2023 as it enters the European market

Fast-growing Chinese vehicle manufacturer BYD enjoyed record success last year as its sales totalled 1.8 million – a 155% improvement on 2021’s figures.

Few other firms have released their 2022 results at the time of writing but, for reference, Hyundai recorded 3.9 million sales globally and Kia recorded 2.9 million.

Yet despite its relatively limited sales volume – having operated solely in east Asian markets for most of 2022 – BYD established itself a leading role in electrification, selling 911,140 battery-electric cars.

That left the emergent brand 402,711 EVs short of Tesla, which dominated the global electric car market with 1,313,851 sales in 2022.

To access this content please subscribe

20% annual saving
Regular membership
Automatic renewal
Team membership
Price includes a 20% discount for a team of 5
See all benefits here