BYD Grabs Bigger Slice of ASEAN Passenger Vehicle Market

BYD is expanding its market share in the passenger car sector across ASEAN. Since entering these regional markets around 2023, the company has maintained steady growth. In 2025, its combined sales volume across five countries—Indonesia, Thailand, the Philippines, Malaysia, and Singapore—reached 139,000 units, a 2.2-fold increase year-on-year. Although this accounts for a limited 3.1% share of BYD’s global passenger vehicle sales (4.55 million units), the company is steadily building local production facilities in countries like Thailand and Indonesia, and its presence is expected to expand further in the future.