A brand that started building cars in 2003 topped long-time Chinese player Volkswagen in November.

byd outsells tesla, volkswagen in china and becomes the top-selling brand

Chinese brand BYD, which only started manufacturing cars in 2003, passed Volkswagen in sales on the Chinese market in the first four weeks of November, according to Automotive News. BYD sold 152,863 battery-electric vehicles and plug-in hybrid cars between November 1 and November 27, an increase of 83 percent compared to last year.

Volkswagen sold 143,602 cars in the same period, while Tesla managed to ship 100,291 vehicles in the whole month of November, setting a new record. It’s worth mentioning that Volkswagen Group also sold 36,847 cars under the Audi brand between November 1 and November 27, which means that as a whole, Volkswagen Group outsold BYD.

But while Tesla’s sales numbers are understandable, considering it’s been a local player in China since 2019, Volkswagen’s sales figures show how a legacy automaker can struggle in the world’s largest car market in modern times.

byd outsells tesla, volkswagen in china and becomes the top-selling brand
byd outsells tesla, volkswagen in china and becomes the top-selling brand

Volkswagen Group China was established way back in 1985 and has been a staple of the Chinese automobile industry. But newer players like BYD, NIO, and Tesla are putting pressure more and more on established automakers and showing the world that there’s a place for fresh names on the market, too.

BYD started making cars in China in 2003, after it acquired Qinchuan Machinery Works, and in 2022 it dropped its lineup of gas-powered vehicles to focus only on battery-electric cars and plug-in hybrids. By 2016, the company was the third-largest manufacturer of plug-in vehicles in China, and in June 2022, it became the largest EV manufacturer in the world, surpassing Tesla.

It’s not just Volkswagen that’s feeling the pain of recent developments in China. Legacy automakers, other than Tesla, have been losing market share to domestic rivals who offer more affordable EVs and flashier infotainment systems, among other things.

It’s so bad that Stellantis announced its Jeep joint venture in China would file for bankruptcy. Other names, like General Motors, Ford, and Hyundai, slowed their output by up to 50 percent in the last five years in China, which only leaves more room for local brands to flourish.

What’s your take on this? Let us know in the comments section below.

Keyword: BYD Outsells Tesla, Volkswagen In China And Becomes The Top-Selling Brand

CAR'S NEWS RELATED

Tesla raises Model Y prices by $1,000 after U.S. relaxes tax credit terms

Feb 4 (Reuters) – Tesla Inc (TSLA.O) raised prices in the United States of its best-selling vehicle, the Model Y, by $1,000 after the government raised the ceiling on the price of crossover electric vehicles eligible for tax credits. Tesla increased the price of the Model Y Long Range ...

View more: Tesla raises Model Y prices by $1,000 after U.S. relaxes tax credit terms

Hot hatches taking on the new Renault Megane RS 300 Trophy

Small but fast Power Top speed Acceleration Price A new hot hatch has arrived on the scene in South Africa in the form of the Renault Megane R.S. 300 Trophy, boasting a stylish design and performance figures to rival the best in the segment. Under the hood of the ...

View more: Hot hatches taking on the new Renault Megane RS 300 Trophy

Tesla’s Elon Musk prevails in $420 ‘funding secured’ Tweet trial

Tesla CEO Elon Musk was found not liable in a case where investors sought to recover losses after he Tweeted that he had secured the necessary funding to take the automaker’s stock private in 2018. Investors sued Musk, Tesla, and the company’s board, claiming that the CEO’s communications on ...

View more: Tesla’s Elon Musk prevails in $420 ‘funding secured’ Tweet trial

Elon Musk found not guilty in the Tesla 420 take-private case

A jury has found Elon Musk not guilty in the case of his tweet about taking Tesla private at $420 a share. 5 years later, this single tweet is still haunting the Tesla CEO. For those who don’t remember the situation, back in 2018, Musk briefly considered trying to ...

View more: Elon Musk found not guilty in the Tesla 420 take-private case

U.S. jury finds Tesla and Musk not liable in case over take-private tweet

Feb 3 (Reuters) – A U.S. jury on Friday found Tesla Inc (TSLA.O) and CEO Elon Musk not liable in a securities fraud case over a tweet that he had lined up funding to take the electric car company private. Plaintiffs have claimed billions in damages and the decision ...

View more: U.S. jury finds Tesla and Musk not liable in case over take-private tweet

The 2022 Tesla Model 3 Has 3 Problems, Says U.S. News

Does Tesla Model 3 have issues? The Tesla Model 3’s infotainment system can be ‘distracting’ Can you fit 5 adults in a Tesla Model 3? Is a Tesla Model 3 a smooth ride? Despite its issues, the 2022 Tesla Model 3 is a fine example of a well-executed EV ...

View more: The 2022 Tesla Model 3 Has 3 Problems, Says U.S. News

Podcast: Tesla Cybertruck Beta, Ford joins EV price war, Equinox EV, and more

This week on the Electrek Podcast, we discuss the most popular news in the world of sustainable transport and energy. This week, we discuss the Tesla Cybertruck Beta, Ford joining the EV price war, the Equinox EV, and more. Sponsored by SAE International: Join the global mobility community in Detroit from ...

View more: Podcast: Tesla Cybertruck Beta, Ford joins EV price war, Equinox EV, and more

US Treasury Makes More Tesla, Ford, GM EVs Eligible For Tax Credits

The 5-seat Tesla Model Y, Cadillac Lyriq, Ford Mustang Mach-E and VW ID.4 RWD are now considered SUVs and have an $80,000 MSRP limit.

View more: US Treasury Makes More Tesla, Ford, GM EVs Eligible For Tax Credits

Volkswagen Touareg Uses Stickers To Hide New Styling In Spy Photos

BMW chooses Pirelli’s EV-geared P Zero tire for i4 M50’s high-performance powertrain

Tesla stock climbs on tax credit inclusion, continuing stratospheric rise in 2023

Tesla Cybertruck's Bed Capacity Shown In Recent Spy Shots

Tesla Model Y gains full access to $7,500 EV tax credit with new $80,000 price limit

Tesla Model 3 Refresh "Project Highland" Out Testing Under Wraps

Movie heroes to save both the world and the environment

Forget Toyota and Mazda! These are the most anticipated 'under the radar' cars coming to Australia in 2023

Ford is in ‘deep development’ of its next-generation EV pickup truck

Tesla Model Y’s complete lineup now qualifies for EV tax credits through Inflation Reduction Act

U.S. Treasury makes more Tesla, Ford, GM EVs eligible for tax credits

GM, BYD, Solid State Batteries And Electric Plane: Top EV News Feb 2

OTHER CAR NEWS

; Kênh kiến thức kỹ năng, phát triển bản thân, hướng nghiệp, blog nhân sự