Comment by est
2 months ago
> BYD is only the 9th largest carmaker in China. SAIC, Changan, and Geeley are the top 3
Protip: when you calc Chinese numbers, be sure to lookup the latest data. 1 year or 2 means landslide difference.
SAIC sales dropped > 11% and profit down by 27% in the first two quaters 2024. Think about that for a second.
BYD sold over 500k cars last month:
https://cnevpost.com/2024/11/01/byd-sales-oct-2024/
That's up over 60% year on year. If they are not already the largest carmaker in China they will be very soon.