South Korean media: "Even the pride of South Korea has been overwhelmed", BYD surpasses Hyundai Motor!

On June 19, South Korean media "Maeil Business Newspaper" published an article stating that Chinese BYD, which exceeded American Tesla in sales last year, has this year's cumulative sales even surpassing the world-renowned carmaker Hyundai Motor.

With the continuous rapid growth of China's vast domestic market and overseas markets, it is expected that this gap will further widen in the future.

In the first four months of this year, BYD's cumulative new vehicle sales reached 1,388,993 units, setting a new record high. Compared to the same period last year, sales increased significantly by 46.9%, with substantial monthly increases: 305,380 units in January, 322,846 units in February, 377,420 units in March, and 380,089 units in April.

On the other hand, Hyundai Motor's cumulative new vehicle sales for the first four months of this year amounted to 1,354,456 units, including 233,870 units domestically and 1,125,888 units overseas, narrowly surpassed by BYD. If Kia Motors (1,047,085 units) is included, the total sales of the Hyundai Motor Group reached 2.4 million units, exceeding BYD by 1.02 million units, but it is assessed that this figure will be caught up sooner or later.

The火爆sales of BYD in the first four months of this year were precisely due to the effect of the largest discount in history. The company has been implementing price discount policies since last year.

With this proactive sales strategy, BYD achieved $107.1 billion in revenue last year, surpassing Tesla, the world's leading electric vehicle company ($97.7 billion in revenue).

BYD officially entered the South Korean market this year, and its progress has also been impressive.

According to statistics from the Korea Import Auto Association, BYD's compact SUV "ATTO 3" sold 543 units in South Korea in April. In the first month of delivery to customers, it surpassed Tesla to become the top-selling imported electric vehicle model.

Original source: https://www.toutiao.com/article/1835361345421324/

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