BYD: Leading the Charge in Global NEV Sales
In 2023, BYD solidified its position as the world’s leading New Energy Vehicle (NEV) manufacturer, surpassing its sales target with over 3 million units sold. This achievement marks the second consecutive year BYD has led global electric vehicle (EV) sales, underscoring its commitment to sustainable mobility.
Impressive Sales Growth and Market Leadership
BYD’s 2023 sales figures reflect a remarkable 61.9% year-over-year growth, totaling 3,024,417 vehicles. The breakdown includes:
- 1.6 million Battery Electric Vehicles (BEVs)
- 1.4 million Hybrid and Plug-in Hybrid Electric Vehicles (HEVs and PHEVs)
In the fourth quarter alone, BYD sold 526,409 BEVs, outpacing all other manufacturers and reinforcing its dominance in the EV sector.
BYD’s Expansion in the Philippines
Mobility Access Philippines Ventures, Inc. (MAPVI), a subsidiary of Ayala Corporation’s AC Motors, serves as the exclusive distributor of BYD vehicles in the Philippines. MAPVI plays a pivotal role in promoting sustainable transportation solutions and supporting the country’s shift towards electrification.
“We at MAPVI are delighted and proud to witness BYD, our partners in sustainable mobility, achieve its targets for 2023,” shares Antonio Zara III, President of MAPVI. “With BYD’s strong support and presence in the Philippines, we look forward to significantly contributing to the brand as it sets even higher goals.”
Global Reach and Model Highlights
BYD’s international sales soared by 334.2% in 2023, with 242,765 vehicles sold across 70 countries on six continents. The company’s Dynasty and Ocean series models achieved record-breaking sales, totaling 2,877,353 units, a 55.3% increase from the previous year.
Key models available in the Philippines include:
- BYD Han – Luxury sedan from the Dynasty series
- BYD Tang – Seven-seat electric SUV with all-wheel drive
- BYD Dolphin – Compact BEV hatchback from the Ocean series
- BYD ATTO 3 – Subcompact BEV crossover from the Ocean series
Technological Innovation and Sustainability
Since its inception in 1995 as a battery manufacturer, BYD has evolved into a global leader in electric mobility. The company continues to innovate in areas such as:
- Automotive and industrial manufacturing
- Solar power storage solutions
- Mass transportation systems
BYD’s commitment to eco-friendly and efficient mobility solutions positions it at the forefront of the transition to a sustainable future.
Explore BYD’s Electric Vehicle Lineup
Discover the range of BYD electric vehicles available in the Philippines:
Visit BYD Cars Philippines or contact your nearest BYD dealership to schedule a test drive and experience the future of mobility today.
