BYD tops VW as China's No. 1 selling car brand in 2023

BYD Seagull side — The Seagull low-cost small EV is among BYD's best-selling models in China. (DOUGLAS A. BOLDUC)

By:

Bloomberg

January 23, 2024 09:23 AM

BYD overtook Volkswagen Group as China’s best-selling car brand in 2023, clear evidence its all-in bet on electric vehicles is paying dividends and helping it pass some of the world’s biggest legacy names.

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