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BYD Emerges as Singapore’s Top-Selling Carmaker in 2024, Outpacing Toyota and Tesla

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  • BYD Emerges as Singapore’s Top-Selling Carmaker in 2024, Outpacing Toyota and Tesla

    BYD claimed the title of Singapore’s top-selling carmaker in 2024, overtaking global automotive giants Toyota and Tesla, according to data from the Singapore Land Transport Authority.

    The Chinese new energy vehicle (NEV) manufacturer sold 6,191 units in Singapore last year, marking a significant 337.22% increase from 1,416 units in 2023. This achievement secured BYD a 14.39% share of the city-state’s automotive market, which recorded 43,022 annual sales in 2024.

    Toyota ranked second with 5,736 units, a 48.72% rise from 3,857 in 2023, accounting for 13.33% of the market. BMW followed in third with 5,042 units sold, reflecting a 49.22% growth from the prior year and an 11.72% share. Mercedes-Benz secured fourth place with 4,887 units, up 26.94%, while Tesla’s 2,384 units represented a 153.62% surge, placing it fifth with a 5.54% market share.

    Source: https://evmagz.com/byd-emerges-as-si...ota-and-tesla/
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