According to the data newly released by BYD on Monday, October 3, 2022, sales volume of BYD's new energy passenger vehicles in the third quarter of 2022 was 537,164 units, a year-on-year increase of 187.01 percent.  BYD’s EV sales surpasses Tesla by nearly 200,000 in Q3 and continues to be the biggest electric vehicle producer in the world by sales.

Founded in 1995 in Shenzhen, China, BYD has become the third largest auto maker in the world, after Tesla and Toyota. According to its 2021 yearly report, BYD produced 747,500 vehicles in 2021, a year-on-year increase of 73.06%. Among those vehicles, 600,000 units are electric passenger vehicles. As of June 2022, BYD can produce 1.3 million vehicles a year. It is expected that BYD’s capacity will reach 3.4 million vehicles a year by the end of 2022. BYD is also expected to hire 80,000 more workers and its work force will be about 500,000. 

In September 2022 alone, BYD sold 201,259 new energy vehicles, 7,736 of which were exported to overseas market. This good news shows that BYD is going global. On September 28, BYD also announced that it would introduce its first three models in Europe including Han, Tang and Atto3 during an auto show in Paris in October, which may enter some European countries such as Norway, Denmark, Netherland, Sweden, Germany, Belgium.

According to Brand Value (China) Network, BYD is a Chinese Auto Giant and its brand slogan is “build your dreams”. BYD’s good sales in the third quarter may promote its ranking in “Daguan·World Brand Value Top 900” because it means more profit and more revenue. BYD’s success in Chinese EV market means BYD can also win the global EV market. Based on “China Brand Value Evaluation Standard”, its good sales belong to one of the most important dimensions called “financial performance.”

On the ranking of “The 2nd Daguan·Keweiwei World Brand Value Top 900” released on January 13, 2022, BYD’s brand value was 55.461 billion RMB, ranking the 502nd.

作者：杨瑞安