BYD sells over a fifth of all new cars in Singapore in 2025

Singapore’s automotive market experienced a significant shift in 2025, with Chinese electric vehicle (EV) manufacturer BYD claiming the top spot in new car registrations for the first time. BYD accounted for over 20 percent of all new cars sold, a substantial increase from the previous year.

BYD’s Rise to the Top

In 2025, BYD registered 11,184 units, representing a 21.2 percent market share. This marks an 80.6 percent increase compared to the 6,191 vehicles registered in 2024. The figures include sales through authorized dealers, as well as parallel imports.

Did You Know? BYD is the only manufacturer to have registered more than 10,000 vehicles in Singapore.

The Broader EV Trend

BYD’s success coincides with a surge in overall EV adoption in Singapore. EVs comprised approximately 45 percent of all new car sales in 2025, reaching a record high. This is a considerable jump from the 34 percent market share EVs held in the previous year, when 14,448 new EVs were registered out of a total of 43,022 new cars.

Competition and Market Dynamics

While BYD leads, Japan’s Toyota, including its Lexus brand, followed with 7,466 units registered. Germany’s BMW secured the third position with 5,091 units. Tesla, another EV manufacturer, saw a more moderate increase, rising to 3,476 registrations in 2025 from 2,384 in 2024, remaining in sixth place.

Expert Insight: The growing popularity of Chinese EVs, like BYD, is being accelerated by their competitive pricing, advanced technology, and appealing styling, alongside Singapore’s incentive policies and expanding charging infrastructure.

Future Outlook

Dr. Zafar Momin, an adjunct professor at the NUS Business School, suggests that while hybrid cars will continue to be popular in Singapore, they are unlikely to surpass EVs in market share. Borneo Motors Singapore indicated it will continue to offer both EVs and hybrids to cater to diverse customer needs.

Other Chinese brands are also gaining traction, with GAC, Xpeng, MG, and Zeekr securing positions within the top 20 car brands registered in Singapore. BYD’s managing director, James Ng, views the increasing presence of other EV brands as a positive sign, indicating growing public confidence in electric vehicles.

Frequently Asked Questions

What percentage of new car sales did BYD account for in 2025?

BYD accounted for 21.2 percent of all new car sales in Singapore in 2025.

What was the market share of EVs in Singapore in 2025?

EVs made up approximately 45 percent of all new car sales in Singapore in 2025.

Which car brand was BYD’s closest competitor in 2025?

Toyota, including its Lexus brand, was BYD’s closest competitor, with 7,466 units registered.

As Singapore continues to prioritize sustainable transportation, how might evolving government policies and consumer preferences further shape the automotive landscape?