In October, BYD delivered over 930 vehicles, setting a fresh monthly high since its market debut in Hong Kong.
At the recent “BYD Hong Kong Tech Week,” Liu Xueliang, general manager of BYD’s Asia-Pacific auto sales division, said the company registered more than 7,800 vehicles in Hong Kong over the first 10 months of the year, maintaining its lead in the city’s private-car market with about a 25% share.
Since entering the Hong Kong market in 2022, BYD has launched eight NEV models. SUVs priced in the HK$ 300,000–400,000 range ($ 38,600–51,400) have been the most popular among local buyers.
In October, BYD delivered over 930 vehicles, surpassing the roughly 920 registrations recorded in September and setting a fresh monthly high since its market debut in Hong Kong.
However, BYD’s current 25% share represents a slight decline from the roughly 29% share announced in August.
Liu said the shift largely reflects greater model availability and growing brand diversity in the Hong Kong market, which benefits consumers.
For the first 10 months, BYD ranked first with 7,812 registrations, followed by Tesla with 6,787 units. Zeekr, owned by Geely, placed third with 2,161 units.
BMW, GAC Aion, Toyota and XPeng followed with 1,625 units, 1,545 units, 1,351 units and 1,331 units, respectively.
Liu said BYD plans to introduce its premium brand Yangwang to Hong Kong as early as next year.
If technological and regulatory approvals progress smoothly, intelligent-driving features including automated parking could arrive first.
He noted that Hong Kong is among the highest EV-penetration markets globally—second only to Norway—and the penetration rate is expected to climb further through 2026. Hong Kong will remain a priority market for continued BYD investment, he added.
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