BYD has regained its position as China's largest automaker, driven by accelerating global demand for electric vehicles. The energy crisis, fueled by the US-Israel war with Iran, has boosted oil prices and EV sales.

The global energy crisis has helped propel BYD back into pole position in China’s automotive sector, allowing it to regain ground on Geely Auto as demand for battery-powered vehicles accelerates worldwide. The Shenzhen-based electric vehicle (EV) maker, which lost its title as mainland China’s largest carmaker in the first quarter of 2026, rebounded strongly in the following two months as the US-Israel war with Iran drove up oil prices. Its overseas deliveries surged 76 per cent year on year to....