In 2022, when car companies are extremely difficult, BYD defeated Tesla, surpassed FAW-Volkswagen, and successfully reached the top of the domestic passenger car market. The cumulative sales of new energy vehicles for the year were 1.8635 million, a year-on-year increase of 208.64%. BYD has successively built ten major production bases across the country, and its existing and planned production capacity is expected to exceed 4 million vehicles. In addition to its headquarters in Shenzhen, major production bases such as Xi’an, Changsha, and Changzhou have risen rapidly, deeply rewriting the strength of China’s new energy vehicles. | Related reading (Daily Economic News)
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