China's top electric vehicle maker BYD gained market share as the world's largest auto market recorded its fastest-growing month in 2024, setting BYD up to exceed its global annual sales goal and overtake Ford and Honda .

STORY: BYD is set to soar up the rankings of global carmakers. Figures out Monday (Dec 9) showed the fast-growing car giant gaining market share again in China. As of November, industry data showed it held a 17% share in the world’s biggest auto market - up from 12.

China's electric vehicle giant BYD is on track to surpass global automakers Ford and Honda in sales by 2024, fueled by skyrocketing demand

BYDs November sales crossed 506,000, pushing its 2024 total near 3.8 million. With a 70% surge in hybrid sales, the Chinese EV leader is closing the gap with Honda and Ford in a transformative year for the

China's top electric vehicle (EV) maker BYD gained market share as the world's largest auto market recorded its fastest-growing month in 2024, setting BYD up to exceed its global annual sales goal and to overtake Ford and Honda.

The global automotive landscape is shifting rapidly, with electric vehicle makers challenging traditional giants. China's BYD, the world’s largest EV manufacturer, is making waves. After dominating its home market,