BYD, the leading Asian automaker of electric vehicles (EVs), has solidified its position as the world’s no. 1 EV brand. According to a recent report published by Visual Capitalist, BYD has surpassed competitors globally, achieving remarkable growth of 211% in 2022. This exceptional achievement has propelled BYD to become the new EV leader, outpacing even Tesla in terms of global EV production.
With a clear trajectory and ambitious expansion ventures planned in Europe and Southeast Asia, Visual Capitalist predicted that BYD is poised to become the first automaker worldwide to produce over 2 million EVs in a single year. This remarkable milestone is a testament to BYD's exceptional quality, groundbreaking designs, and unwavering dedication to revolutionizing the automotive industry on a global scale.
As BYD is a global leader in EVs, car buyers in the Philippines can expect the most ideal full-electric driving experience. BYD's unparalleled features, exceptional benefits, and unwavering commitment to zero-emission sustainability are set to revolutionize the Philippine automotive landscape and usher in an exciting future for EV enthusiasts. BYD’s authorized local distributor, Solar Transport and Automotive Resources Corp., a trailblazing pioneer in EV distribution in the Philippines since 2013, takes immense pride in introducing BYD's unparalleled expertise and industry-leading EVs to the local market. Following its highly successful campaign at the recent 2023 Manila International Auto Show (MIAS), where it showcased a full lineup of BYD powerhouses, including the Dolphin, Han, and Tang EVs, Solar Transport is in full gear to deliver unmatched customer satisfaction as it aims for widespread adoption of sustainable transportation solutions across the country.
Investing this early in a BYD EV means investing in the environment and a sustainable future. “By choosing a BYD, owners become part of a movement toward a cleaner, greener future. They contribute to reducing air pollution and greenhouse gas emissions, fostering healthier cities and a more sustainable planet for future generations. Together, we can drive positive change and create a brighter future for all,” said Mark Andrew Tieng, President and CEO of Solar Transport.
Outpacing rival brands
BYD captivates Asian consumers with its strong focus on cutting-edge technology, relentless innovation, passion for eco-sustainability, and commercial accessibility. For instance, in Thailand – touted as Southeast Asia’s second-largest car market – BYD accelerated its pace in the country in September 2022 by bringing in 5,000 cars into the country under a tax incentive on imports arrangement with the government. In a report published by CarNewsChina.com last January, BYD officially became Thailand's pure EV sales leader, which can be attributed to the successful performance of the ATTO 3 model. Thai car buyers were impressed with BYD's EVs, complimenting the design, technology, features, and benefits.
In March 2023, at the 44th Bangkok Motor Show, BYD announced that it had delivered 12,000 units of BYD electric SUVs to the Thai market. And with the anticipated opening of its production hub in Rayong, Thailand, BYD is set on producing 150,000 units in 2024. Powered by the ultra-safe Blade battery and designed with the e-Platform 3.0, BYD is all set to make significant strides in the Philippine market. Buyers can expect the same level of excellence that has propelled the BYD EV brand to the forefront of the global EV market.
Practical option
Choosing a BYD EV offers substantial financial advantages, with remarkable mileage and significant fuel savings compared to traditional gas-driven cars. With an average cost of ₱12 per kilowatt-hour (kWh) for electricity in contrast to ₱65 per liter for gasoline, BYD drivers can experience savings of up to 60% on their overall fuel expenditure.
Moreover, BYD EVs require less maintenance over time, thanks to the patented Blade battery and e-Platform 3.0. Over a five-year period, owners can save up to ₱500,000 (100k annually) in maintenance costs compared to internal combustion engine (ICE) vehicles.
As the government pushes for a faster commercial sale rollout of EVs under the Comprehensive Roadmap for the Electric Vehicle Industry (CREVI), coupled with incentives such as tax breaks, subsidies, and reduced registration fees, owning an EV becomes an increasingly attractive investment and proposition for Filipino motorists.
Eco-Sustainable Rewards
Opting for a BYD EV empowers consumers to make a significant impact on environmental preservation. EVs produce no tailpipe emissions, resulting in significantly reduced air pollution and improved urban air quality. According to the Clean Air Initiative for Asian Cities (CAI-Asia), driving an EV generates zero greenhouse gas emissions and reduces harmful particulate matter, contributing to healthier cities.
By choosing a BYD EV, owners also contribute to a substantial reduction in carbon dioxide (CO2) emissions compared to conventional gasoline-powered vehicles. Over their lifespan, EVs emit approximately 40% less CO2, helping mitigate climate change and supporting the Philippines' commitment to reducing greenhouse gas emissions.
Solar Transport assures that each BYD EV has access to exceptional after-sales service and support, including an extensive warranty coverage of 8 years or 150,000 kilometers (industry standard). The company’s trained mechanics are dedicated to providing reliable customer service, and with the aggressive global expansion efforts and government-backed incentives taking place, BYD owners in the Philippines can expect peace of mind, continuous assistance, and a seamless ownership experience.
