BYD Tops EV Sales in Hong Kong, Beating Tesla in H1 2025

BYD has emerged as the electric vehicle (EV) market leader in Hong Kong for the first half of 2025, surpassing Tesla and BMW in new registrations.

According to official data, the Shenzhen-based EV giant accounted for 27 percent of all private EV registrations between January and June 2025 — totaling 4,902 units out of 18,356. The company’s success was largely driven by the BYD Sealion 07, a mid-size SUV launched in late 2024, which alone sold 3,676 units, becoming the top-selling EV model in the region. In comparison, Tesla registered 3,889 units, while other players like Zeekr (Geely-owned), Toyota, and Xpeng also maintained notable market presence.

Key Highlights

• BYD led Hong Kong’s EV market in H1 2025 with 27% market share
• The Sealion 07 SUV sold 3,676 units — the region’s top-selling EV
• Chinese EV makers target Hong Kong as a gateway amid global constraints

The top six EV brands collectively represented 66 percent of total EV sales in the city during this period. Mainland Chinese EV manufacturers are increasingly targeting Hong Kong as a strategic extension market amid domestic market saturation and global expansion constraints. The city’s ambitious EV Road Map, which includes a ban on new internal combustion engine (ICE) vehicle registrations by 2035, makes it a prime battleground for early dominance.

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This EV surge also reflects Hong Kong’s growing infrastructure readiness, favorable government incentives, and rising consumer preference for sustainable transport. BYD’s strong performance marks a broader shift toward Chinese EV brands gaining international traction, especially in high-income, urban Asian markets.