China, one of the largest markets in the automotive world, is an area where companies compete fiercely. In this context, Volkswagen, which has been at the top for years, could not become the best-selling automobile brand in 2023. So which was the best-selling brand in China in 2023?
BYD became China’s best-selling brand
According to the news in futureflow.life, according to data from the China Automobile Association (CPCA), the automobile market will grow by around 5 percent in 2023, reaching 21,706 million vehicles. As the adoption of electric vehicles and plug-in hybrids accelerates, sales of internal combustion engine vehicles have declined for the first time. Accordingly, 13.958 million internal combustion vehicles were sold.
Sales of electric and plug-in hybrid models increased by 36.5 percent, reaching 7.748 million. This means that it accounts for more than a third of the total market. Despite the decline of internal combustion engine vehicles, the popularity of electric and plug-in hybrids has driven market growth.
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When we look at it on a brand basis, Chinese automobile manufacturer BYD increased its sales by 43.3 percent to 2.5 million units. This means it is the best-selling brand in China. Volkswagen retained its second place, but sales fell to 2.2 million vehicles. Toyota, Honda and Changan continued the list.
China’s best-selling automobile brands
- BYD – 2,571,109 vehicles
- Volkswagen – 2,228,635 vehicles
- Toyota – 1,702,773 vehicles
- Honda – 1,193,019 vehicles
- Changan – 962,061 vehicles
- Geely – 914,752 vehicles
- Wuling – 843,103 vehicles
- BMW – 705,163 vehicles
- Nissan – 687,110 vehicles
- Audi – 664,607 vehicles
BYD also accounted for more than a quarter of the electric vehicle market, with sales of 1.318 million electric cars. Tesla ranked second with sales of more than 600 thousand units, 80 percent of which were Model Y.
China’s top selling electric car brands
- BYD – 1,318,835 vehicles
- Tesla – 603,664 vehicles
- Aion – 477,545 vehicles
- Wuling – 415,427 vehicles
- Nio – 160,038 vehicles
- Volkswagen – 155,519 vehicles
- Changan – 146,043 vehicles
- Xpeng – 140,900 vehicles
- Geely – 121,176 vehicles
- Zeekr – 118,685 vehicles
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