BYD, a Chinese automaker, has overtaken Tesla as the world’s top-selling electric carmaker for the second consecutive year. BYD sold 3.02 million new energy vehicles in 2023, including 1.6 million battery-only cars and 1.4 million hybrids. While Tesla’s Model Y was the best-selling purely battery-powered car in China for the six months, Accounted for four of the top 10 such cars sold during that time. BYD’s vehicles sell at a lower price point than Tesla, which derives about 20% of its sales from the Chinese market. BYD has five best-selling new energy vehicles in China, according to the data:
Qin Plus: The Qin Plus is BYD’s bestseller, the top-ranked across all new energy vehicles in China, and sold nearly 400 more than Tesla’s Model Y. The compact car comes in hybrid and battery-only versions and is part of BYD’s legacy series of cars named after Chinese dynasties. Qin Shihuang was the first leader of a unified China and known for his terracotta warrior burial. Price: 99,800 yuan to 176,800 yuan ($13,942 to $24,700). Range: 420 km to 610 km (261 miles to 379 miles) .
Seagull: The Seagull is a compact car that comes in hybrid and battery-only versions. It is part of BYD’s new energy series of cars. Price: 89,800 yuan to 159,800 yuan ($12,550 to $22,300). Range: 401 km to 605 km (249 miles to 376 miles) .
Song Plus NEV: The Song Plus NEV is a midsize SUV that comes in hybrid and battery-only versions. It is part of BYD’s new energy series of cars. Price: 139,800 yuan to 219,800 yuan ($19,500 to $30,700). Range: 401 km to 605 km (249 miles to 376 miles) .
Yuan Plus: The Yuan Plus is a subcompact SUV that comes in hybrid and battery-only versions. It is part of new energy series of cars. Price: 109,800 yuan to 169,800 yuan ($15,300 to $23,700). Range: 401 km to 605 km (249 miles to 376 miles) .
Dolphin: The Dolphin is a compact car that comes in hybrid and battery-only versions. It is part of BYD’s new energy series of cars. Price: 89,800 yuan to 159,800 yuan ($12,550 to $22,300). Range: 401 km to 605 km (249 miles to 376 miles) .
BYD’s Qin Plus is the best-selling new energy vehicle in China, outselling Tesla’s Model Y by nearly 400 units. The Qin Plus is part of legacy series of cars named after Chinese dynasties, and it comes in hybrid and battery-only versions. The compact car has a driving range of 420 km to 610 km (261 miles to 379 miles) and a price range of 99,800 yuan to 176,800 yuan ($13,942 to $24,700) .
In October 2023, emerged as the top-performing auto brand in China, achieving remarkable sales figures. BYD sold 246,389 vehicles, securing an impressive 12.12% market share. The top three vehicles in the Chinese market for that month were all models: Qin Plus, Seagull, and Song Plus.
In conclusion, BYD has five best-selling new energy vehicles in China, including the Qin Plus, which is the top-ranked across all new energy vehicles in China and outsold Tesla’s Model Y by nearly 400 units. Vehicles sell at a lower price point than Tesla, which derives about 20% of its sales from the Chinese market. BYD has emerged as the top-performing auto brand in China, achieving remarkable sales figures.