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src='https://secure.gravatar.com/avatar/9f7c30a1ae9b39bfb3de5c1175d9d10e?s=30&d=identicon&r=g' srcset='https://secure.gravatar.com/avatar/9f7c30a1ae9b39bfb3de5c1175d9d10e?s=60&d=identicon&r=g 2x' class='avatar avatar-30 photo author-gravatar' height='30' width='30' decoding='async'/> </a> <span class="author-name"><a href="https://electrek.co/author/peterjohnson/" title="Posts by Peter Johnson" rel="author">Peter Johnson</a></span> | Oct 11 2024 - 6:27 am PT <div class="meta__comment-count"> <a href="#comments" id="single-comments-link" class="comments flex"> <svg xmlns="http://www.w3.org/2000/svg" fill="none" viewBox="0 0 30 30" class="icon-comment"><path fill="currentColor" d="M0 0v19.139h5v4.784h5V30l7.94-6.077H30V4.785h-5V0zm2.5 2.392h20v2.393H5v11.961H2.5zm5 4.785h20v14.354H17.06l-4.56 3.49v-3.49h-5zm3.75 3.589v2.392h12.5v-2.392zm0 4.784v2.392h7.5V15.55z" /></svg> 36 Comments </a> </div> </div> </div> </div> <div id="river" class="river"> <div id="content" class="container flex-lg"> <div class="container med post-content"> <figure class="img-border featured-image"> <img width="1400" height="700" src="https://electrek.co/wp-content/uploads/sites/3/2023/10/BYD-Q3-profit.jpeg?quality=82&strip=all&w=1400" class="skip-lazy wp-post-image" alt="BYD-largest-auto-group" srcset="https://i0.wp.com/electrek.co/wp-content/uploads/sites/3/2023/10/BYD-Q3-profit.jpeg?w=320&quality=82&strip=all&ssl=1 320w, https://i0.wp.com/electrek.co/wp-content/uploads/sites/3/2023/10/BYD-Q3-profit.jpeg?w=640&quality=82&strip=all&ssl=1 640w, https://i0.wp.com/electrek.co/wp-content/uploads/sites/3/2023/10/BYD-Q3-profit.jpeg?w=1024&quality=82&strip=all&ssl=1 1024w, https://i0.wp.com/electrek.co/wp-content/uploads/sites/3/2023/10/BYD-Q3-profit.jpeg?w=1500&quality=82&strip=all&ssl=1 1500w" decoding="async" fetchpriority="high" /></figure> <p>Although <a href="https://electrek.co/guides/byd/">BYD</a> was already the best-selling brand in China, it reached an even more significant milestone last month. After overtaking SAIC, BYD is now China’s largest auto group.</p> <span id="more-383797"></span> <h2 class="wp-block-heading" id="h-byd-tops-saic-to-become-china-s-largest-auto-group">BYD tops SAIC to become China’s largest auto group</h2> <p>After sales surged by 62%, with over 3 million vehicles sold last year, BYD officially became China’s best-selling brand.</p> <p>Last month, BYD hit an even more significant milestone. BYD is now China’s largest auto group after topping SAIC in September sales. The milestone is significant, given that SAIC has joint ventures with leading global automakers, including Volkswagen GM.</p> <p>BYD Group sold <a href="https://electrek.co/2024/10/02/byd-shatters-q3-september-sales-records/">a record 419,426 vehicles</a> last month, a 45% increase from September 2023. The numbers include BYD’s Denza, Fang Cheng Bao, and Yangwang subbrands.</p> <p>September was BYD’s fourth consecutive record-breaking sales month. Despite an influx of new competition and an intensifying price war in China, BYD is still taking market share.</p> <p>BYD’s cheapest electric car, the Seagull, was the <a href="https://electrek.co/2024/09/18/byds-10k-seagull-ev-top-selling-car-china-last-month/">best-selling EV in China</a> in August, with 40,949 models sold. In September, BYD sold another 43,425 Seagull models.</p> <figure class="wp-block-image aligncenter size-large"><img decoding="async" width="1400" height="700" src="https://electrek.co/wp-content/uploads/sites/3/2024/09/BYDs-Seagull-top-selling.jpeg?quality=82&strip=all&w=1024" alt="BYD-largest-auto-group" class="wp-image-380328" srcset="https://electrek.co/wp-content/uploads/sites/3/2024/09/BYDs-Seagull-top-selling.jpeg 1400w, https://electrek.co/wp-content/uploads/sites/3/2024/09/BYDs-Seagull-top-selling.jpeg?resize=150,75 150w, https://electrek.co/wp-content/uploads/sites/3/2024/09/BYDs-Seagull-top-selling.jpeg?resize=300,150 300w, https://electrek.co/wp-content/uploads/sites/3/2024/09/BYDs-Seagull-top-selling.jpeg?resize=768,384 768w, https://electrek.co/wp-content/uploads/sites/3/2024/09/BYDs-Seagull-top-selling.jpeg?resize=1024,512 1024w, https://electrek.co/wp-content/uploads/sites/3/2024/09/BYDs-Seagull-top-selling.jpeg?resize=350,175 350w, https://electrek.co/wp-content/uploads/sites/3/2024/09/BYDs-Seagull-top-selling.jpeg?resize=140,70 140w, https://electrek.co/wp-content/uploads/sites/3/2024/09/BYDs-Seagull-top-selling.jpeg?resize=290,145 290w" sizes="(max-width: 1400px) 100vw, 1400px" /><figcaption class="wp-element-caption">BYD Seagull EV (Source: BYD)</figcaption></figure> <p>The BYD Seagull starts at under $10,000 (69,800 yuan) in China and is already stealing market share overseas.</p> <p>Meanwhile, SAIC is struggling to keep pace. Its <a href="https://electrek.co/2024/10/10/gm-sold-more-evs-hybrids-than-gas-cars-first-time-china/">joint venture with GM</a>, SAIC-GM-Wuling, is a big reason as sales collapsed 35% in September, with 313,260 units sold.</p> <figure class="wp-block-image aligncenter size-large"><img decoding="async" src="https://electrek.co/wp-content/uploads/sites/3/2024/05/BYD-EV-sales-record.jpeg?quality=82&strip=all&w=1024" alt="BYD-largest-auto-group" class="wp-image-363523"/><figcaption class="wp-element-caption">BYD’s wide-reaching portfolio (Source: BYD)</figcaption></figure> <p>Through September, SAIC has sold 2,649,333 vehicles (-21.5% YOY) in China, falling behind BYD, which has 2,747,875 vehicle sales (+32% YOY). BYD’s production numbers through September are also now outpacing SAIC’s.</p> <h2 class="wp-block-heading" id="h-electrek-s-take">Electrek’s Take</h2> <p>BYD continues to expand in China despite its increasingly competitive market. With low-cost EVs like the Seagull, Dolphin, and Yuan Plus, BYD is leading the market.</p> <p>Although BYD is best known for its affordable vehicles, the automaker is rapidly expanding its lineup with new pickup trucks, luxury SUVs, and electric supercars.</p> <p>BYD is also looking overseas to drive future growth. The company is already a leading EV brand in key auto regions like Southeast Asia and Latin America. With new plants planned in Hungary, Pakistan, Mexico, and Turkey, BYD is laying the groundwork to continue its dominant expansion.</p> <p>After selling more vehicles than Honda and Nissan for the first time in Q2, BYD became the <a href="https://electrek.co/2024/08/23/byd-tops-honda-first-time-targets-ford-low-cost-evs/">seventh-largest automaker</a> globally. Will it continue to climb the global auto ranks? With new tech and batteries driving down costs, BYD is poised for a run.</p> <p><em>Source: <a href="https://carnewschina.com/2024/10/11/saic-falls-byd-is-the-new-king-byd-is-now-chinas-largest-automotive-group/">CarNewsChina</a></em></p> <div class="google-news-link"> <a class="flex center" target="_blank" rel="nofollow" href="https://news.google.com/publications/CAAqBwgKMKqD-Qow6c_gAg?hl=en-US&gl=US&ceid=US:en"> <em>Add Electrek to your Google News feed.</em>  <svg xmlns="http://www.w3.org/2000/svg" xml:space="preserve" viewBox="0 0 1165.7 279.5" class="icon-google-news-follow" aria-hidden="true" height="30" width="166"><path fill="#0c9d58" d="M249.8 179.3c0 4.2-3.4 7.6-7.7 7.6H80c-4.2 0-7.7-3.4-7.7-7.6V20.2c0-4.2 3.4-7.6 7.7-7.6h162.2c4.2 0 7.7 3.4 7.7 7.6z" /><path fill="#004d40" d="m249.8 53.5-60.7-7.8L249.8 62zM164 20.9 72 62l101.7-37v-.1c-1.8-3.8-6.1-5.6-9.7-4" opacity=".2" /><path fill="#fff" d="M242.2 12.6H80c-4.2 0-7.7 3.4-7.7 7.6v1.7c0-4.2 3.4-7.6 7.7-7.6h162.2c4.2 0 7.7 3.4 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Check out our <a href="https://youtube.com/c/electrekco">YouTube channel</a> for the latest reviews.</div></div> </div> <aside class="sidebar container xs"> <div class="featured-items"> <h2 attr-title="Featured"> Featured </h2> <h3 class="featured__blog-title"> from <span class="visually-hidden">Electrek</span> <span class="cross-site__logo"><svg xmlns="http://www.w3.org/2000/svg" fill="none" viewBox="0 0 232 56" class="icon-ninetofive-electrek"><title>Electrek Logo</title><mask id="a" width="212" height="43" x="11" y="6" maskUnits="userSpaceOnUse"><path fill="#fff" fill-rule="evenodd" d="M44 6.5V40c0 4.3 2 7.9 8 7.9h3.6v-6.1H54c-1.4 0-2.1-1-2.1-2.8V6.5h-8Zm148.7 0v41h7.7v-41zM123 8.8v8.6h-3.8v5.8h3.8V40c0 4.3 2 7.9 8 7.9h3.4v-6.1h-1.5c-1.2 0-1.9-1-1.9-2.8V23.2h4.6v-5.8H131V8.8zm37 23.8c0 11.6 7.4 16 14.1 16 8 0 12.8-4.6 13.3-10h-8.2c-1 2.3-3.1 3-5 3-4.4 0-6.3-3-6.6-7v-2.3l.3-3.3c.4-3.8 2.4-6 5.8-6 3.6 0 5.5 2.5 5.5 6h-7.5v5.6h15.7c.2-12.9-5-18.2-13.7-18.2-8 0-13.8 5.8-13.8 16.2Zm-102 0c0 11.6 7.5 16 14.2 16 8 0 12.8-4.6 13.3-10h-8.2c-1 2.3-3.2 3-5.1 3-4 0-6.3-3-6.3-7l-.2-2.3.2-3.3h.3c.5-3.8 2.1-6 5.5-6 3.6 0 5.6 2.5 5.8 6H70l-.2 2.8.2 2.8h15.5c.2-12.9-5.1-18.2-13.8-18.2-8 0-13.7 5.8-13.7 16.2m-47 0c0 11.6 7.5 16 14.2 16 8.2 0 12.8-4.6 13.3-10h-8.2c-.7 2.3-3 3-5 3-4.2 0-6.3-3-6.3-7v-2.3l.2-3.3c.5-3.8 2.4-6 5.5-6 3.6 0 5.6 2.5 5.8 6H23l-.2 2.8.2 2.8h15.5c.2-12.9-5-18.2-13.8-18.2-8 0-13.7 5.8-13.7 16.2m136.9-10.1V17h-7.5v30.4h8V33.3c0-6 1.9-8.6 6.7-8.6h2.4v-8.3h-1c-3.6 0-6.2 1.3-8.6 6ZM89.3 32.8c0 9.9 4.8 15.7 13.5 15.7 8 0 12.8-5.8 13.3-12.1h-8c-.2 2.8-1.4 5.3-5 5.3-4.4 0-5.6-4-5.6-9.1 0-7.4 2.7-9.4 5.8-9.4s4.3 2.3 4.8 4.8h8c-1-8.3-5.3-11.6-13-11.6-9 0-13.8 6.6-13.8 16.4M212 17.1l-9.2 12.4v2.3l9.6 15.7h9.7L211 30.3l10.6-13.2z" clip-rule="evenodd" /></mask><g mask="url(#a)"><path fill="url(#b)" fill-rule="evenodd" d="M480.6 392.6v-590.5h-727v590.5z" clip-rule="evenodd" /></g><defs><linearGradient id="b" x2="218.9" y2="38.3" gradientUnits="userSpaceOnUse"><stop stop-color="#5ADFFF" /><stop offset=".3" stop-color="#02B7FC" /><stop offset="1" stop-color="#00DA97" /></linearGradient></defs></svg></span> </h3> <ul class="featured-items__list"> <li> <article class="article feature sidebar flex"> <figure class="article__image"> <a class="article__image-link" href="https://electrek.co/2024/11/22/tesla-converts-shell-gas-station-into-supercharger/" aria-hidden="true"> <img width="290" height="145" src="https://electrek.co/wp-content/uploads/sites/3/2024/11/Tesla-Supercharger-gas-station.gif?w=290&h=145&crop=1" class=" wp-post-image" alt="Tesla Supercharger gas station" loading="lazy" srcset="https://i0.wp.com/electrek.co/wp-content/uploads/sites/3/2024/11/Tesla-Supercharger-gas-station.gif?w=320&quality=82&strip=all&ssl=1 320w, https://i0.wp.com/electrek.co/wp-content/uploads/sites/3/2024/11/Tesla-Supercharger-gas-station.gif?w=640&quality=82&strip=all&ssl=1 640w, https://i0.wp.com/electrek.co/wp-content/uploads/sites/3/2024/11/Tesla-Supercharger-gas-station.gif?w=1024&quality=82&strip=all&ssl=1 1024w, https://i0.wp.com/electrek.co/wp-content/uploads/sites/3/2024/11/Tesla-Supercharger-gas-station.gif?w=1500&quality=82&strip=all&ssl=1 1500w" decoding="async" /> </a> </figure> <div class="article__content"> <h3><a class="article__title-link" href="https://electrek.co/2024/11/22/tesla-converts-shell-gas-station-into-supercharger/">Tesla converts Shell gas station into Supercharger and it looks awesome</a></h3> <div class="post-meta flex"> <a class="author__image-link" href="https://electrek.co/author/fredericclambert/"> <img alt='Avatar for Fred Lambert' src='https://secure.gravatar.com/avatar/ecd1698b64e3d1fca5c1ceead88373dd?s=18&d=identicon&r=g' srcset='https://secure.gravatar.com/avatar/ecd1698b64e3d1fca5c1ceead88373dd?s=36&d=identicon&r=g 2x' class='avatar avatar-18 photo author-gravatar' height='18' width='18' loading='lazy' decoding='async'/> </a> <span class="author__link"><a href="https://electrek.co/author/fredericclambert/" title="Posts by Fred Lambert" rel="author">Fred Lambert</a></span> <span class="meta__post-date">Nov 22 2024</span> </div> </div> </article> </li> <li> <article class="article feature sidebar flex"> <figure class="article__image"> <a class="article__image-link" href="https://electrek.co/2024/11/22/volkswagens-low-cost-id-2-ev-on-track-suv-version/" aria-hidden="true"> <img width="290" height="145" src="https://electrek.co/wp-content/uploads/sites/3/2023/03/VW-ID.-2all.jpeg?quality=82&strip=all&w=290&h=145&crop=1" class=" wp-post-image" alt="Volkswagen's-ID.2-EV" loading="lazy" srcset="https://i0.wp.com/electrek.co/wp-content/uploads/sites/3/2023/03/VW-ID.-2all.jpeg?w=320&quality=82&strip=all&ssl=1 320w, https://i0.wp.com/electrek.co/wp-content/uploads/sites/3/2023/03/VW-ID.-2all.jpeg?w=640&quality=82&strip=all&ssl=1 640w, https://i0.wp.com/electrek.co/wp-content/uploads/sites/3/2023/03/VW-ID.-2all.jpeg?w=1024&quality=82&strip=all&ssl=1 1024w, https://i0.wp.com/electrek.co/wp-content/uploads/sites/3/2023/03/VW-ID.-2all.jpeg?w=1500&quality=82&strip=all&ssl=1 1500w" decoding="async" /> </a> </figure> <div class="article__content"> <h3><a class="article__title-link" href="https://electrek.co/2024/11/22/volkswagens-low-cost-id-2-ev-on-track-suv-version/">Volkswagen confirms its low-cost ID.2 EV is still on track to launch, SUV version to follow</a></h3> <div class="post-meta flex"> <a class="author__image-link" href="https://electrek.co/author/peterjohnson/"> <img alt='Avatar for Peter Johnson' src='https://secure.gravatar.com/avatar/9f7c30a1ae9b39bfb3de5c1175d9d10e?s=18&d=identicon&r=g' srcset='https://secure.gravatar.com/avatar/9f7c30a1ae9b39bfb3de5c1175d9d10e?s=36&d=identicon&r=g 2x' class='avatar avatar-18 photo author-gravatar' height='18' width='18' loading='lazy' decoding='async'/> </a> <span class="author__link"><a href="https://electrek.co/author/peterjohnson/" title="Posts by Peter Johnson" rel="author">Peter Johnson</a></span> <span class="meta__post-date">Nov 22 2024</span> </div> </div> </article> </li> <li> <article class="article feature sidebar flex"> <figure class="article__image"> <a class="article__image-link" href="https://electrek.co/2024/11/22/anker-black-friday-heybike-mars-2-e-bike-worx-ego-segway-more/" aria-hidden="true"> <img width="290" height="145" src="https://electrek.co/wp-content/uploads/sites/3/2024/11/img_2d3042a7-e768-4398-8256-2b1226c26d4f_3840x.png?w=290&h=145&crop=1" class=" wp-post-image" alt="" loading="lazy" srcset="https://i0.wp.com/electrek.co/wp-content/uploads/sites/3/2024/11/img_2d3042a7-e768-4398-8256-2b1226c26d4f_3840x.png?w=320&quality=82&strip=all&ssl=1 320w, https://i0.wp.com/electrek.co/wp-content/uploads/sites/3/2024/11/img_2d3042a7-e768-4398-8256-2b1226c26d4f_3840x.png?w=640&quality=82&strip=all&ssl=1 640w, https://i0.wp.com/electrek.co/wp-content/uploads/sites/3/2024/11/img_2d3042a7-e768-4398-8256-2b1226c26d4f_3840x.png?w=1024&quality=82&strip=all&ssl=1 1024w, https://i0.wp.com/electrek.co/wp-content/uploads/sites/3/2024/11/img_2d3042a7-e768-4398-8256-2b1226c26d4f_3840x.png?w=1500&quality=82&strip=all&ssl=1 1500w" decoding="async" /> </a> </figure> <div class="article__content"> <h3><a class="article__title-link" href="https://electrek.co/2024/11/22/anker-black-friday-heybike-mars-2-e-bike-worx-ego-segway-more/">Anker’s full Black Friday sale takes $4,434 off power stations, Heybike Mars 2.0 e-bike $600 off, Worx, EGO Power+, Segway, more</a></h3> <div class="post-meta flex"> <a class="author__image-link" href="https://electrek.co/author/reinette/"> <img alt='Avatar for Reinette LeJeune' src='https://secure.gravatar.com/avatar/b1ad557a114558d5c940560cc419af3b?s=18&d=identicon&r=g' srcset='https://secure.gravatar.com/avatar/b1ad557a114558d5c940560cc419af3b?s=36&d=identicon&r=g 2x' class='avatar avatar-18 photo author-gravatar' height='18' width='18' loading='lazy' decoding='async'/> </a> <span class="author__link"><a href="https://electrek.co/author/reinette/" title="Posts by Reinette LeJeune" rel="author">Reinette LeJeune</a></span> <span class="meta__post-date">Nov 22 2024</span> </div> </div> </article> </li> <li> <article class="article feature sidebar flex"> <figure class="article__image"> <a class="article__image-link" href="https://electrek.co/2024/11/22/rivian-electric-truck-saves-the-day-pulling-semi-truck-stuck-mud/" aria-hidden="true"> <img width="290" height="145" src="https://electrek.co/wp-content/uploads/sites/3/2024/11/Rivian-electric-pickup-saving-the-day.jpg?quality=82&strip=all&w=290&h=145&crop=1" class=" wp-post-image" alt="Rivian electric pickup saving the day" loading="lazy" srcset="https://i0.wp.com/electrek.co/wp-content/uploads/sites/3/2024/11/Rivian-electric-pickup-saving-the-day.jpg?w=320&quality=82&strip=all&ssl=1 320w, 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