BYD stands at the top of the market as the global leader in electric vehicle sales. In 2023, the company surpassed Tesla in terms of units sold.
This achievement is partly due to its strategy of vertical integration, where the company manufactures batteries and components for its vehicles, maintaining control over its supply chain.
This approach allows BYD to optimize costs and offer a diverse range of models like the BYD Seal, the BYD Tang, and the popular BYD Dolphin, which have gained acceptance in international markets.
The Path to the Top
BYD expanded its presence in markets across Europe, Latin America, and Southeast Asia. In Norway, one of the countries with the highest adoption of electric vehicles, the BYD Tang EV performed notably well.
In Brazil and Mexico, the company’s models have drawn attention for their energy efficiency and design. Additionally, BYD has entered strategic partnerships to open new factories in regions outside Asia.
The success of BYD is also supported by its Blade Battery, which has redefined industry standards. Furthermore, the company continues to invest in fast-charging technologies and energy efficiency, positioning itself as a technological leader within the sector.
With its accessible pricing, BYD is creating challenges for competitors while establishing a clear path toward the future of electric vehicles, reaffirming its role as a key player in the global energy transition.
Latam Mobility on February 20, 2025 in Monterrey
On February 20, 2025, Latam Mobility, the largest sustainable mobility community in Latin America begins its tour in Monterrey, Mexico, with the second edition of the “North America Mobility Summit 2025”.
Mexico has become an important bastion for the region with the arrival of major brands in the automotive industry, with interesting plans to install electric vehicle plants. In this sense, Latam Mobility has established itself as a key player to generate synergy, networking, and alliances between the public and private sectors.
The “North America Mobility & Net Zero Summit” in Monterrey will bring together the most important companies and leaders linked to energy, transportation, fuels, and mobility, to show the progress and prospects of the industry in Mexico, the United States, and the region.
For more details on how to participate and positioning options, email us at: info@investinlatam.org.
Reach out to us via WhatsApp or get your pre-sale tickets for Monterrey here.
