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* Volkswagen's main competitors in China are BYD and Toyota with a market share of 11.16% and 8.51%, respectively, in H2 2023<ref>https://www.bloomberg.com/news/articles/2023-07-25/byd-widens-lead-over-volkswagen-as-china-s-top-car-brand-on-evs</ref>. | * Volkswagen's main competitors in China are BYD and Toyota with a market share of 11.16% and 8.51%, respectively, in H2 2023<ref>https://www.bloomberg.com/news/articles/2023-07-25/byd-widens-lead-over-volkswagen-as-china-s-top-car-brand-on-evs</ref>. | ||
* The market share of Chinese indegenous auto brands rose 5.4% y/y to 49.9% in 2022<ref>https://www.scmp.com/business/china-business/article/3220148/foreign-car-brands-volkswagen-toyota-lose-share-china-worlds-largest-automotive-market-era-gas-and</ref>. | |||
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