BYD, the automobile manufacturer that has attracted attention recently, achieved great success in the Chinese market in 2023, ending Volkswagen's 15-year leadership and becoming the best-selling automobile brand.
BYD grew by 62% compared to the previous year, selling more than 3 million vehicles, and increased its brand value by 2024% to 20 billion dollars, according to the 12.1 report of the independent brand valuation company Brand Finance.
China's Most Valuable Automobile Brand
BYD has been China's most valuable automobile brand for 3 consecutive years. BYD, which managed to be among the top 2023 brands in global automobile sales with its 10 performance, sold 526,409 electric vehicles in the last quarter.
BYD, which spread to more than 2023 countries on 6 continents in 70, increased its exports by 334% to approximately 243,000.
