BYD Leads EV and Hybrid Sales in Brazil and Mexico
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The automotive industry, particularly the electric vehicle (EV) sector, has witnessed a rapid transformation over the past few yearsLeading the charge in this shift is BYD, a Chinese automotive manufacturer that has emerged as a significant player in Latin America from 2024 through January 2025. BYD’s commitment to sustainable mobility, combined with its innovation-driven approach, has positioned the company as a major force in the electric and hybrid vehicle marketsIts strong presence in countries such as Brazil, Mexico, Colombia, and Chile has allowed BYD to solidify its reputation as a global leader in new energy vehicles, with impressive growth and an expanding market share.
In Brazil, BYD’s remarkable rise has been a standout story in the automotive sectorThe company was named the fastest-growing automotive brand in Brazil for 2024, achieving an astounding 328.22% increase in sales year-over-yearThis leap allowed BYD to secure a top spot in Brazil’s growth rankings, transitioning from the 15th to the 10th position in the nation's overall vehicle registration rankingsBYD’s success in Brazil is largely attributed to its versatile lineup, including models like the Seagull, Song Plus, and Song Pro, which have been well-received by local consumersThese models have dominated both the electric and plug-in hybrid vehicle segments, underscoring BYD’s competitive edge in the country’s market.
The Seagull model, in particular, has achieved considerable success in Brazil, with 1,725 units sold in January 2025, making it the top-selling fully electric vehicle in the countryThe Dolphin model also performed well, with 510 units sold in the same periodMeanwhile, the Song family of vehicles has proven to be a dominant force in the hybrid vehicle sector, with combined sales of the Song Plus and Song Pro models reaching 3,185 units in January 2025 aloneSuch figures highlight BYD’s firm foothold in Brazil’s rapidly evolving automotive market and demonstrate its capacity to cater to both the growing demand for electric and hybrid vehicles.
Mexico, too, has proven to be an important market for BYD
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In 2024, the company was awarded the prestigious "Electric Vehicle of the Year" title by Autocosmos, a leading automotive media outlet in the regionThe accolade was a testament to BYD’s rapid success in the Mexican market, driven by the popularity of models such as the Seagull and Song PlusThe Song Plus DM-i, in particular, garnered widespread attention as the first SUV in the country to exceed annual sales of 10,000 unitsThis achievement earned the model the "2025 Annual SUV" recognition at the Mexican automotive exhibition, further solidifying BYD’s presence in the region.
BYD’s product portfolio in Mexico has resonated strongly with consumers, thanks to the performance, technology, and affordability of its modelsThe Seagull, which quickly became the best-selling electric vehicle by February 2024, represents the company's ability to offer accessible and high-quality electric optionsAdditionally, the Song Plus continues to lead the hybrid vehicle market, while models like the Destroyer 05, Song Pro, and BYD Shark have been well-received in various segmentsThe BYD Shark, in particular, has made waves in the luxury pickup category, offering advanced features and high performance that have captivated consumers since its launch in May 2024. To support this growth, BYD has expanded its network in Mexico, establishing 50 sales outlets across major cities by early 2025, ensuring a strong presence in the country’s transition to greener transportation options.
In Colombia, BYD’s rise has been nothing short of impressiveThe company achieved record sales of 3,900 vehicles in 2024, surpassing international rivals such as Volvo, Kia, and BMW, which lagged behind with sales of 1,039, 694, and 606 units, respectivelyThis success was further highlighted when BYD was named "Brand of the Year" by Autocosmos in 2025. The BYD Yuan UP was the top-selling electric vehicle model in Colombia, further cementing the company's position as a leader in the local EV market.
BYD's partnership with Colombian distributor Motorysa, which began in 2020, has proven to be a key factor in the company’s success
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By focusing on renewable energy vehicles and expanding distribution channels, BYD has established a solid presence in key Colombian cities, including Bogotá, Medellín, Cali, Pereira, and Ibagué. With over 14 dealerships in operation, BYD has played a crucial role in driving the country’s shift toward electric mobility.
In Chile, BYD has achieved significant milestones as wellThe company was recognized as the top seller in the electric vehicle segment, with its Yuan UP model, locally known as the YUAN PRO, receiving the "Electric Vehicle of the Year" award at the Autocosmos awards in ChileThis accolade further underscores BYD's technological leadership and its ability to meet the growing demand for green vehicles in the region.
As BYD continues to build on its success in Latin America, it is clear that the company is not only a player in the electric vehicle market but a leader in the ongoing green transformation of the transportation industryWith its robust lineup of electric and plug-in hybrid vehicles, coupled with its unwavering commitment to sustainability and innovation, BYD is well-positioned to continue its rapid growth across the AmericasThe company's expansion into Brazil, Mexico, Colombia, and Chile is a testament to its strategic vision and its ability to meet the needs of a diverse and rapidly evolving market.
The success of BYD in Latin America is also a reflection of the broader trends in the automotive industryAs governments across the region push for cleaner transportation options and more stringent environmental regulations, the demand for electric vehicles is expected to continue to riseBYD’s ability to offer a wide range of affordable, high-quality vehicles has made it a preferred choice for consumers seeking to transition to greener alternativesAs the company continues to innovate and expand its presence in the region, it will undoubtedly play a key role in shaping the future of the automotive industry in Latin America.
Looking ahead, BYD’s focus on electric mobility, coupled with its ability to offer affordable and high-performance vehicles, positions the company as a leader in the transition to greener transportation
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