BYD's NEV Dominance

80.5% 65.9% STATE OF CHINA'S AUTO INDUSTRY The top 10 market leaders now command over 80% of China's NEV market, with BYD having 6 of the top 10 selling nameplates No. Group 2023 YTD YOY Market % No. Model Sales 2023 YTD Sales YOY 1 BYD 508,706 80.0% 38.8% 1 BYD Song 141,415 101.4% 2 Tesla 137,429 26.9% 10.5% 2 Tesla Model Y 94,647 26.7% 3 GAC (Aion) 80,308 79.0% 6.1% 3 BYD Qin 87,955 16.0% SGM - Wuling 77,701 -26.2% 5.9% 4 Hongguang Mini EV 69,842 -26.3% 5 CO Chang'an 60,674 98.0% 4.6% 5 BYD Dolphin 67,951 129.5% 6 Geely 59,597 33.2% 4.5% 00 6 BYD Yuan Plus 62,528 278.2% 7 Li Auto 52,584 65.8% 4.0% *: 7 GAC Aion S 48,310 180.4% 8 NIO 31,041 20.5% 2.4% 8 Tesla Model 3 42,782 27.3% 9 VW* 30,787 -5.1% 2.0% 9 BYD Han 37,817 9.9% 10 NETA 22,449 -25.5% 1.7% 10 BYD Tang 32,525 16.3% Source: CPCA, Automobility analysis Automobility Ltd *includes VW-SAIC and VW-FAW BYD's lead has widened its lead overall in 2023, with now more than half of their sales derived from PHEV models 15

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