Foreign Media: Geely Automobile surpassed BYD to become the largest automaker in China with sales of 476,000 units in the first two months of 2026, an increase of 1%, with electric vehicle sales surging by 10.1% to 242,000 units; during the same period, BYD's sales plummeted by 35.8% to 400,000 units.
Analysts believe that Geely gained an advantage through product quality, reliability, and a diversified brand portfolio (such as Zeekr, Lynk & Co., Galaxy, etc.), while BYD was affected by the partial withdrawal of the new energy vehicle purchase tax exemption policy.
China is strengthening its regulation of price competition among automakers, and the competition between Geely and BYD this year may reshape the automotive industry landscape in China.
Original: toutiao.com/article/1859380546155523/
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