Toyota Is Still Second To BYD In Singapore Almost 14 Months In A Row - CleanTechnica

Source: cleantechnica
Author: @cleantechnica
Published: 7/3/2025
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Read original articleThe article highlights BYD’s remarkable rise to become Singapore’s top-selling car brand, maintaining its lead over Toyota for nearly 14 consecutive months as of mid-2025. From January to May 2025, BYD sold 3,002 vehicles, capturing 20% of the market, compared to Toyota’s 2,050 units and Tesla’s 535 units. This marks a dramatic shift from just two years prior when BYD was a minor player behind established Japanese and European brands. In 2024, BYD achieved a historic milestone by selling 6,191 units—a 337% increase from 2023—securing a 14.4% market share and surpassing Toyota and Tesla.
Several factors contribute to BYD’s success in Singapore. The country’s strong push toward electric vehicle (EV) adoption, supported by government incentives such as tax breaks up to S$40,000 and expanding charging infrastructure, creates a favorable environment for EV manufacturers. BYD
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energyelectric-vehiclesBYDSingaporeEV-adoptioncharging-infrastructureclean-energy