BYD Widens Lead Over Volkswagen as China’s Top-Selling Car Brand

(Bloomberg) — BYD Co. extended its lead over Volkswagen AG as China’s top-selling automaker as its wide range of electric vehicles proved hugely popular among local buyers.

After dethroning the German giant for the first time earlier this year, BYD notched 595,300 sales of plug-in hybrids and fully electric vehicles in the second quarter through June, increasing its market share to 11.2%, according to data from the China Automotive Technology and Research Center.