# Zhejiang Geely Holding Group beat BYD in sales in the first two months of 2026.

*business · news · 2026-04-27 · The Straits Times*

## Key points

- Geely surpassed BYD in global car sales during the first two months of 2026.
- Geely is shifting its remaining petrol vehicles to petrol-electric hybrids to boost fuel efficiency.
- Chinese car exports reached 7.1 million in 2025 and may hit 10 million in 2026.
- Plug-in hybrids from Geely and BYD are redirected to overseas markets due to lagging charging infrastructure.
- European anti-subsidy tariffs on Chinese vehicles exempted plug-in hybrids, leading to import surges.

**Companies:** BYD, Zhejiang Geely Holding Group
**Countries:** China, Iran, Sweden, United States, Malaysia, United Kingdom

[Read the full story on The Straits Times](https://www.straitstimes.com/asia/east-asia/the-rising-chinese-carmaker-not-named-byd)

---

Canonical: https://newsio.io/n/bc8f8e74-d90a-4cb0-988a-e1b5e00dc131/zhejiang-geely-holding-group-beat-byd-in-sales-in-the-first-two-months-of-2026-g
Summarized by Newsio from The Straits Times. https://newsio.io/how-it-works