BYD is predicted to outsell traditional automakers such as Ford and Honda this year, nearing a milestone of 4 million car sales, driven largely by hybrid vehicles.
In November 2024 alone, BYD reported selling approximately 506,804 cars, pushing its total sales figure year-to-date to 3,757,336 units, reflecting a significant 40% increase over the previous year.
Honda's sales remain steady, totaling 3.11 million units by October 2024, but it may fall short of its previous year’s performance as it aims to match its sales pace.
Ford's sales showed a notable performance in Q1 to Q3 of 2024 with 3.3 million units sold, projecting a total of about 4.3 million by the end of the year.
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