Last year marked a significant milestone as BYD’s global sales outpaced Ford’s for the first time, propelling BYD to the sixth position in the global automotive rankings. Ford’s worldwide wholesale sales witnessed a decline of roughly 2%, totaling approximately 4.4 million vehicles. In contrast, BYD’s annual sales soared to 4.6 million units. Despite registering growth in the U.S. market, Ford suffered setbacks in Europe and China, where its market share was eroded by electric vehicles from competitors such as BYD, Xiaomi, and Geely.
