Overview

• BYD registered 4,667 new passenger cars in the first half of 2025, securing a 19.5% market share and overtaking Toyota.
• Total new-car registrations rose to 23,957 units, a 29% increase from the same period in 2024, according to Land Transport Authority data.
• Toyota, including its Lexus arm, placed second with 3,461 registrations, while BMW followed in third with 2,664 units, both losing market share.
• Parallel-imported vehicles accounted for just 10.9% of registrations, down from 12.8% a year earlier as importers face intensified competition and EV compliance constraints.
• The number of brands registering vehicles grew to 53 in H1 2025, led by new Chinese EV entrants such as Aion and Xpeng.