BYD's rapid global expansion, particularly in hybrid sales, positions it as a major player in the automotive industry, despite currently ranking 8th overall in annual sales.
In July, BYD achieved impressive sales of 315,600 vehicles, becoming the third best-selling brand globally, behind only Toyota and Volkswagen.
Approximately two-thirds of BYD's sales come from hybrid vehicles, highlighting the brand's successful strategy in diversifying its product portfolio to attract various market segments.
Despite its strong performance in July, BYD's year-to-date figures place it 8th overall in global sales, showcasing the challenges it faces in maintaining momentum against larger competitors.
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