BEIJING — Chinese electric car maker BYD saw sales more than double in May, solidifying the company’s climb into the ranks of the top three automakers in China.
That’s according to data by the China Passenger Car Association which was released Friday. China is the world’s largest auto market.
Backed by Warren Buffett’s Berkshire Hathaway, BYD is also a battery maker that’s become a major electric car brand in China — and some of its models are vying with Tesla in popularity.
So far this year, not only has BYD continued to dominate new energy vehicles, which include hybrid and battery-powered cars, but the company also climbed into the ranks of the top three brands in China by passenger car sales.
Those sales put BYD into second place in China’s passenger car market overall — just behind FAW-Volkswagen, with 150,009 cars sold, according to the data. FAW-Volkswagen is the German automaker’s joint venture in China that sells the Audi and Volkswagen branded vehicles.
BYD’s sales marked a 159.5% year-on-year increase, while FAW-Volkswagen’s fell 10.6% from May last year. Geely was the third-largest by passenger car sales, at 73,315, down 14.5%.
Last year, BYD ranked 13th by passenger car sales. FAW-Volkswagen, SAIC Volkswagen and SAIC GM took the top three spots.
In the U.S. passenger car market, Tesla did not make the top three spots. Toyota ranks first by sales, followed by Ford and General Motors’ Chevrolet brand, according to Sino Auto Insights.
China’s passenger car sales fell 11.8% in May from a year ago, while new energy vehicles saw sales climb 91.2%, according to the passenger car association.
For the first five months of the year, FAW-Volkswagen ranked first by sales, followed by BYD and then Changan Automobile, the data showed.
Within new energy vehicles, BYD ranked first, followed by General Motors’ joint venture with Wuling Motors and state-owned SAIC Motor. Tesla China ranked third.
Delta rebrands Corp. Tools as ‘Delta Business’
The FBI’s Mar-a-Lago raid unifies Republicans with outrage: GOP lawmaker
Newcastle to submit opening offer for Benfica’s £25m-rated striker Goncalo Ramos
Revolutionary new private luxury club concept to launch in Dubai
Dan Bongino calls for next US president to fire everyone involved in FBI raid of Trump’s Florida estate
PINAY OFW 2021 VIRAL VIDEO SCANDAL | GRABE NAMAN TO!!
DHS pays over $455K to build ‘security fencing’ around Biden’s beach home
7-Foot-Tall Harambe Statue Stares Down Wall Street’s Charging Bull, Which Is Now Covered in Bananas
Julia Gwyneth Ostan Issue | Julia Ostan Viral Scandal Full Video | Julia Ostan Kmjs
Stocks making the biggest moves midday: Facebook, Robinhood, FedEx and more
Two Viral Videos Show Tamil Nadu Government Govt School Students Cleaning Restrooms In Uniform
Zahir Jaffer and Noor Mukaddam Latest | Iqra Latest | Viral Videos
Viral videos of University with Sajal Ali
Florida Challenging Federal Travel Mask Mandate
Viral videos – Royal Navy carrier HMS Queen Elizabeth completes visit to Liverpool
Auto23 hours ago
McLaren 765LT Hits Over 200 MPH In Bouncy Top Speed Run On Autobahn
Finance20 hours ago
Bed Bath & Beyond closes nearly 40% higher, AMC surges as meme chatter on message boards increases
Sport22 hours ago
Chelsea transfer news LIVE: Latest updates from Stamford Bridge
News22 hours ago
11-year-old girl missing in the Bronx
Sport21 hours ago
Jessica Ennis-Hill’s old coach handed life ban for ‘sexually physical behaviour’
Lifestyle21 hours ago
This 24-Piece Kitchen Utensil Set on Amazon Has All the Essentials & More–And It's on Sale Now for $19
News20 hours ago
Solar-powered Turkish vehicle hits the road for national tour
Travel22 hours ago
News: Dubai visitor arrivals soar