China’s BYD becomes Singapore’s favourite car brand, outselling Toyota for first time
The Chinese EV maker has surged ahead in the first four months of 2025, leaving Toyota and Tesla trailing behind
In the first four months of 2025, BYD sold 3,002 cars, or 20 per cent of total vehicle sales in Singapore. Toyota and BYD’s main EV rival Tesla sold 2,050 and 535 units each during the same period.
BYD’s robust sales growth in Singapore underlines its efforts to focus on overseas markets amid bruising price competition in China. China’s No 1 carmaker reportedly aims to sell half of its vehicles outside the Chinese market by 2030, a massive increase that would make it a rival to the world’s largest carmakers.
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How Chinese companies have pulled ahead of Tesla in the electric vehicle race
BYD entered Singapore’s consumer car market in 2022, more than a year later than Tesla, but has since reported much stronger sales growth.