On June 7, 2022，the latest ranking of global auto companies by market value showed that BYD surpassed Volkswagen Group and jumped to third place, with a total market value of US$127.23 billion. At the same time, BYD is also the only Chinese car company in the top 10 list.
According to the latest global car company market value rankings, Tesla still occupies the top spot, with a market value of $740.58 billion. It is followed by Toyota, Toyota is with a market value of $227.52 billion. It is worth mentioning that BYD successfully overtook Volkswagen Group and jumped to the third place in the market value rankings, with a total market value of US$127.23 billion, while the market value of Volkswagen Group was US$116.86 billion.
Sales exceeded 100,000 for 3 consecutive months. BYD's May sales exceeded 100,000 again. Data show that in May this year, BYD produced 118,135 new energy vehicles and sold 114,943 vehicles, a year-on-year increase of 270% and 250%. It is understood that this is the third consecutive month that BYD's monthly sales have exceeded 100,000 units. From January to May, BYD's cumulative sales were 507,314 units, a year-on-year increase of 348.11%.
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