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BYD sold so many EVs it’s one of the top three automakers in China

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One of BYD’s bestselling electric car models, the Han, is on display during an auto show in Shenzhen on June 5, 2022.

Anadolu Agency | Anadolu Agency | Getty Images

BEIJING — Chinese electric car maker BYD saw sales more than double in May, solidifying the company’s climb into the ranks of the top three automakers in China.

That’s according to data by the China Passenger Car Association which was released Friday. China is the world’s largest auto market.

Backed by Warren Buffett’s Berkshire Hathaway, BYD is also a battery maker that’s become a major electric car brand in China — and some of its models are vying with Tesla in popularity.

So far this year, not only has BYD continued to…



Source cnbc.com

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