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BYD e6 battery electric taxi in Shenzhen, China Foton BJ6129EVCA-N1 battery electric bus in Beijing, China E-bikes with an estimated fleet of 120 million in early 2010. The electric vehicle industry in China is the largest in the world, accounting for around 58% of global production of electric vehicles (EVs) in 2023 [1] and more than 1.28 million exports in 2024. [2]
China is the world’s largest EV market—and the most competitive. Sales of “new energy vehicles,” which includes both hybrids and battery EVs, expanded by 38% last year to reach 9.49 ...
It is China’s top EV producer and exports electric taxis, buses and other vehicles to the rest of the world, including Europe, South America, Southeast Asia and the Middle East. Unlike Tesla ...
BYD's largest subsidiary, BYD Auto, was founded in 2003 and has grown to become the world's largest manufacturer of plug-in electric vehicles. [14] Since 2009, BYD's automotive business has contributed over 50% of its revenue. By 2023, it contributed over 80% of the company's total revenue.
The largest number of production by any nation in history 2015 24,500,000 27.43% Became the world largest EV producer 2017 29,020,000 30.19% 2022 27,021,000 31.8% Surpassing Germany as the world's second largest car exporter 2023 30,161,000 33.8% The highest production record in history, surpassing Japan as the world's largest car exporter
The US EV giant sold 1.79 million cars in 2024, a 1% drop from the 1.81 million sold in 2023. Tesla is still the world's largest EV maker but Chinese rivals like BYD are closing in on it.
Annual sales of plug-in passenger cars in the world's top country and regional markets between 2011 and 2023 Plug-in electric cars in use as a proportion of all passenger cars on the road in selected countries and regional markets at the end of 2023 Countries with the world's highest market share in the plug-in electric car segment in 2023 ...
The Chinese EV maker took Tesla’s crown as the world’s top-selling EV brand in the final quarter of 2023. BYD sold 526,409 pure electric vehicles in the October-December period last year ...