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BYD Company Limited
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== BYD Market Shares == === EV Market<ref>[https://www.statista.com/statistics/541390/global-sales-of-plug-in-electric-vehicle-manufacturers/#:~:text=BYD%20was%20ranked%20as%20the,share%20of%20around%2018.4%20percent.]</ref> === [[File:BYD Auto Market Share.png|frameless|752x752px]] As a major car manufacturer in China, BYD Auto has always maintained a dominant position in the market in terms of sales, but only recently has it overtaken the previous global leader - Tesla. In 2022, the reported EV market share for BYD was 19%, 5% more than Tesla. This is a significant achievement for an automaker lacking the same international exposure as long-time leader Tesla and even VW Group. A testament to the Chinese market's rapidly rising dominance, with BYD's plans to expand internationally, it is inevitable that the gap will continue to grow. {| class="wikitable" |+ !Statistic !Value |- |2022 BYD Auto revenue |USD 59.2 Billion |- |2022 Plug-in EV Sales |1.85 Million |- |2021 Plug-in EV Sales |593,745 |- |Number of Consumer EV Models |17 (5 in Europe) |} === Battery Market<ref>[https://evmarketsreports.com/byd-has-surpassed-lg-in-global-battery-market/]</ref> === [[File:BYD Battery market share.png|frameless|751x751px]] The batteries market is BYD's second major revenue stream. Although BYD started with batteries manufacturing, it has seen a great shift in recent years towards the EV market where business is much more profitable. Despite this, BYD remains a major player in the batteries market, cementing its place among well-known brands LG and Samsung. In July 2022, BYD overtook LG to become the second largest battery maker, with a market share of 16.1%, compared to LG's 11.1% and leader CATL's 33.4%. With the EV market rapidly growing and BYD contributing to energy storage projects all over the world, this market share is expected to grow further.
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