BYD surpasses Ford in global sales, sets sights on Toyota as world's top automaker
By
Peter Johnson
Summary
BYD has surpassed Ford to become the world's sixth-largest automaker, selling over 4.6 million new energy vehicles (EVs and PHEVs) in the last year. After ceasing production of pure ICE vehicles in 2022, the company's CEO is confident BYD can become the world's leading global automaker within five years, potentially catching up to Toyota.
Source
bskyBYD surpasses Ford in global sales, sets sights on Toyota as world's top automakerelectrek.coKey quotes
· 3 pulledBYD is already the world's largest EV maker, but the company's CEO is confident it will become the world's leading global automaker within the next five years.
After it stopped making cars powered solely by internal combustion engines (ICE) in 2022 to focus on battery electric (EV) and plug-in hybrid (PHEV) vehicles, BYD's big bet has paid off so far.
With over 4.6 million new energy vehicles (NEVs) sold last year, which includes EVs and PHEVs, BYD surpassed Ford for the first time, ranking as the sixth largest global automaker
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