Market Chatter: BYD Singapore's Fastest-Selling Car Brand in 2024; Sales Surge 337%

MT Newswires

2025/01/28

BYD (HKG:1211, SHE:002594) was the fastest-selling car brand in Singapore in 2024, Yicai Global reported Monday.

The Chinese EV giant's sales surged 337% to 6,191 units in Singapore, with 14% of the total automotive market in the country, the report said.

About 14,450 EVs were sold in the city in 2024, up from 5,467 units in 2023, the report said.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

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