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Last updated: February 5th, 2025, 12:36pm
Last week I reported that BYD would climb the ranks of the world’s top selling car manufacturers or automotive groups. This is a bit difficult business due to non-100% partnerships between different companies to create joint ventures with “groups” and “alliances”. However, one clearer ranking that is cleaner and simpler is the brand ranking. The BYD group includes BYD, Denza, Yangwang and Fangchengbao, but the BYD brand is…BYD.
So, where did Byd stand up as a brand? Ah, yes, you’ve already read the headline – third! BYD was the third bestselling car brand in the world in 2024. This means that BYD has increased six positions each year from the 9th of 2023. Of course, don’t forget that BYD only sells plug-in vehicles. Therefore, companies that people claim to not want electric vehicles should consider the fact that the world’s fastest car manufacturer jumped from 9th to 3rd place in a year, from 3rd place. Complete electric vehicle and plug-in hybrid only.
Incidentally, BYD ranked 49th in the world in 2019 five years ago.
So this is where things stand now (or where things stood in 2024):
Also, let’s take a quick look at how sales of these automakers have changed each year.
Toyota Sales (10.7% Global Market Share) 0.7% decrease
Volkswagen’s sales (5.8% global market share) were basically stable BYD sales (4.5% global market share). Increased by 41.6%
Honda Sales 3.1% decrease
Ford Sales 0.9% decrease
Hyundai Sales 3.7% decrease
Nissan sales Increased by 0.1%
Chevrolet Sales 2.9% decrease
KIA Sales 1.9% decrease
Mercedes sales Increased by 1.5%
That’s a big difference in trends.
BYD is very likely to rise to #2 globally in 2025. Interestingly, this is essentially not fanfare or hype. Imagine Tesla went from 3rd to 3rd to 3rd on the Global Auto Market from the 9th. Imagine growing from the 49th of 2019 to the second highest in 2025. Well, one thing we can assume is that it gets more presses. Another thing we can imagine is that the stock price will pass through the roof for that reason…and, despite sales in 2024 drop year by year, that’s why it went through the roof this year Not that.
Also, as readers wrote a month ago, “Tesla has a market capitalization of more than 10 times BYD. Companies selling more PHEVs than BEVs have an increase of 40% year-on-year, and 10 They sell double the models. Tesla only has two large market models (a very good car, but not everyone wants a computer on the wheel), and it’s toxic There is no plan to helm right-wing extremists. FSD as a big difference from competition is a dream dream. The owner of TSLA stocks is about to wake up to a very rude reality soon.” I is more open about what Tesla can do with FSD, but readers “Poe Joyce” may be right about that.
I nurtured someone who didn’t know how to invest in BYD. Because it is not in the US stock market, he demanded that he explain how to invest in the company. You can still buy foreign stocks through popular online stock brokers, even if you are on that ship and are not aware. byd – otc:byddy – When I’m writing this, the price is $72.87. However, there are fees that are usually (or always?) charged to buy and sell off such out-of-market stocks. It’s not a large fee, but it discourages you from buying and selling small numbers of stocks frequently. If you’re planning on buying a lot of stock and simply holding it for the long term, that can be ignored.
What do you think will happen with the 2025 BYD sales? And what do you think will happen in 2025 with Toyota, Volkswagen and Honda?
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