Chinese manufacturer BYD doubles its production volume in the first half of 2023
- Inovev calculated the production volume of the 25 largest car manufacturers in the world over the first six months of 2023, compared to the first six months of 2022. By exception, the figures for the Renault group and the Nissan group were combined in 2023 for a better comparison compared to 2022 when the Renault-Nissan group was still a reality.
- As before, were carried out:
• a "Western" classification which considers “brands in JV” as Western companies
• a "Chinese" classification which considers “brands in JV” as Chinese companies.
- In both rankings, the Toyota group supplants all its competitors. The Volkswagen group, second in the “Western” ranking, finds itself fourth in the “Chinese” ranking due to strong production in China, carried out by Chinese manufacturers SAIC and FAW. These, very marginal in the “Western” ranking, find themselves in 6th and 10th position respectively in the “Chinese” ranking. Hyundai-Kia and Stellantis are 2nd and 3rd in the “Chinese” ranking due to their low production in China. BYD attracts attention due to the doubling of its production volume in the first half of 2023 compared to the first half of 2022. As a result, this manufacturer takes 12th place in both rankings, ousting Mercedes and BMW in the "Chinese" ranking in due to their significant production in China. Note that in the “Chinese” ranking, Ford supplants GM because GM produces a lot in China (SAIC), unlike Ford.