On January 1, 2024, BYD released its sales data for 2023, and for the whole of 2023, BYD's cumulative sales of automobiles have exceeded 3 million, reaching 3024417. Compared with 2022, the growth rate is as high as 61.8%! BYD also announced that BYD Auto is the "sales champion of car companies in China's auto market", "brand sales champion in China's auto market", and "sales champion in the global new energy vehicle market". No one disputed this.
However, two days later, on January 3, 2024, SAIC Motor announced that the group will sell 5.02 million vehicles in 2023, maintaining the first place in China for 18 consecutive years. Among them, SAIC's annual sales of new energy vehicles reached 1.123 million units, a year-on-year increase of 4.6%, and SAIC's overseas sales reached 1.208 million units, a year-on-year increase of 18.8%, ranking first in the domestic industry for the eighth consecutive year.
In this regard, everyone is a little confused. With an annual sales volume of 3.02 million units, BYD is already the "sales champion of car companies in China's auto market" and "the champion of brand sales in China's auto market." So is SAIC, which sells 2 million vehicles more than BYD in annual sales, the champion? What's more, SAIC has "maintained the No. 1 position in China for 18 consecutive years"? What is going on?
However, when we browsed the car sales list of foreign media, we were surprised to find that although SAIC Motor claimed to sell more than 5 million cars a year, it failed to enter the top 10 of the world's car sales list. BYD, which sold more than 3 million vehicles, created a historic moment and became the first Chinese auto company to squeeze into the top 10 of the world's auto sales list. This situation raises the question of what is causing this?
Perhaps, the authenticity and transparency of sales data are involved. In other words, the sales data of 5.02 million units announced by SAIC, a large state-owned enterprise, is not recognized by the outside world, or the water is too large. A company's claimed sales figures may not fully reflect the actual situation, and foreign media rankings are more likely to rely on independent data verification and more objective evaluation criteria. This situation shows that BYD's data is true, and SAIC's data is false.
BYD's rapid development in recent years has aroused people's attention and thinking about China's automotive industry. The competitiveness and performance of Chinese automakers in the international market have attracted much attention, and BYD's breakthrough has undoubtedly set a successful example for the Chinese auto industry. It is hoped that Chinese automakers will continue to work hard to improve product quality and international competitiveness, and demonstrate the strength of Chinese auto manufacturing on the global stage.
BYD's entry into the world's top 10 is a symbol of the emergence of China's auto industry, injecting new strength into global market competition. Looking forward to the future, China's auto industry will have more outstanding performances on the international stage, and let us look forward to the wonderful performance of Chinese auto companies on the world stage. In every corner of the automotive industry, you can feel that Chinese auto companies are gradually emerging, bringing new vitality and competitiveness to the world auto market. Let's wait and see, China's auto industry will show a more dazzling light on the global stage.
As Chinese car companies continue to grow, their competitiveness in the international market is also gradually increasing. Whether it is technological innovation or quality improvement, China's automotive industry is constantly moving forward, bringing new choices and challenges to the global market. It is believed that in the future, Chinese automobile companies will become an important force in the world automobile market and inject more vitality and vitality into the development of the industry.
BYD, come on!
(ENDS)