BYD actually fell off the list. It is the automobile company with the highest market share in the world, but its profits are not among the top. Take a look at last year’s profit rankings. . . All are RMB
Toyota, with a net profit of 86.8 billion, still ranks first
Stellandis, with a net profit of 85.7 billion, ranked second
Mercedes-Benz, net profit 82.5 billion, third
Volkswagen, fourth with net profit as high as 66.8 billion
BMW, net profit 52.1 billion, fifth
South Korea's Hyundai Kia, with a net profit of 36.7 billion, ranked sixth.
BYD's net profit last year was only 16.6 billion, which is far inferior to them. However, all automobile companies regard BYD as the most dangerous competitor, threatening the global automobile market with its extremely high market share. Guess, BYD's performance When did you work for Toyota?