Automakers that don't meet growing demand for EVs will gradually lose market share and struggle to find buyers for internal-combustion vehicles, Consumer Reports predicts. A recent study by the publication's advocacy arm found that constricted supplies of EVs are creating pent-up demand that will play out over the next few years, reducing the...
Automakers that don't meet growing demand for EVs will gradually lose market share and struggle to find buyers for internal-combustion vehicles, Consumer Reports predicts. A recent study by the publication's advocacy arm found that constricted supplies of EVs are creating pent-up demand that will play out over the next few years, reducing the...
Automakers that don't meet growing demand for EVs will gradually lose market share and struggle to find buyers for internal-combustion vehicles, Consumer Reports predicts. A recent study by the publication's advocacy arm found that constricted supplies of EVs are creating pent-up demand that will play out over the next few years, reducing the...
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BYD sold 207,080 new energy vehicles (NEVs) in March, up 97.45 percent from 104,878 units in the same month last year and up 6.93 percent from 193,655 units in February.
The company discontinued the production and sales of vehicles powered entirely by internal combustion engines in March last year to focus on the production of plug-in hybrids and pure electric vehicles.
BYD's NEVs include passenger cars as well as commercial vehicles, and they sold 206,089 units and 991 units in March, respectively.
Among these passenger vehicles, battery electric vehicle (BEV) sales were 102,670 units, up 91.32 percent from 53,664 units in the same month last year and up 13.27 percent from 90,639 units in February.
Plug-in hybrid vehicles (PHEVs) were 103,419 units, up 104.09 percent from 50,674 units in the same month last year and up 2.37 percent from 101,025 units in February.
In March, BYD sold 13,312 NEVs in overseas markets, down 11.27 percent from 15,002 units in February.
The company first announced overseas sales figures for NEVs in July 2022.
In addition to being China's largest NEV company, BYD is also the country's second-largest power battery maker.
BYD's installed power and storage battery capacity in March was about 9.891 GWh, up 84.77 percent from 5.353 GWh in the same month last year and up 10.49 percent from 8.952 GWh in February.
In the first quarter, BYD's NEV sales were 552,076 units, up 92.81 percent from 286,329 units in the same period last year, but down 19.22 percent from 683,440 units in the fourth quarter last year.
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