Hyperdrive

BYD Widens Lead Over Volkswagen as China’s Top-Selling Car Brand

Shenzhen-based BYD sold nearly 600,000 vehicles in April-June
Trend reflects the waning influence of legacy foreign brands

A BYD Co. Seagull EV at the Shanghai Auto Show in Shanghai, earlier in April.Photographer: Qilai Shen/Bloomberg

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By Danny Lee and Jinshan Hong

July 25, 2023 at 3:34 AM UTC

Updated on

July 25, 2023 at 5:04 AM UTC

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BYD Co. extended its lead over Volkswagen AG as China’s top-selling automaker, with its wide range of electric vehicles proving hugely popular among local buyers.

After dethroning the German giant for the first time earlier this year, BYD notched up 595,300 sales of plug-in hybrids and fully-electric vehicles in the quarter through June, increasing its market share to 11.2%, according to data from the China Automotive Technology and Research Center.