In the first half of the year, BYD sold 1,255,637 NEVs, up 95.78 percent year-on-year.
BYD (OTCMKTS: BYDDY) saw yet another record sales.
BYD sold 253,046 new energy vehicles (NEVs) in June, up 88.79 percent from 134,036 units a year ago and up 5.34 percent from 240,220 units in May, according to data released today.
The company discontinued production and sales of vehicles powered entirely by internal combustion engines in March last year and switched to focus on producing plug-in hybrids and pure electric vehicles.
BYD's NEVs include passenger cars as well as commercial vehicles, with sales of 251,685 passenger NEVs in June, up 109.39 percent from 133,762 units a year ago and up 5.27 percent from 239,092 units in May.
BYD's commercial NEVs sold 1,361 units in June, up 396.72 percent from 274 units in the same month last year and up 20.66 percent from 1,128 units in May.
Among the passenger NEVs, battery electric vehicles (BEVs) sold 128,196 units, up 84.34 percent from 69,544 units in the same month last year and up 7.18 percent from 119,603 units in May.
Its passenger plug-in hybrid vehicles (PHEVs) were 123,489 units, up 92.30 percent from 64,218 units in the same month last year and up 3.35 percent from 119,489 units in May.
In June, BYD sold 10,536 NEVs in overseas markets, up 3.26 percent from 10,203 units in May.
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 manufacturer of power batteries.
BYD's installed power and storage battery capacity in June was about 11.816 GWh, up 72.27 percent from 6.859 GWh in the same month last year and up 2.85 percent from 11.489 GWh in May.
In the second quarter, BYD's NEV sales were 703,561 units, up 98.17 percent year-on-year and up 27.44 percent from the first quarter.
Its passenger NEV sales in the second quarter were 700,244 units, up 98.13 percent year-on-year and 27.80 percent from the first quarter.
Its passenger BEV sales in the second quarter were 352,163 units, up 95.32 percent year-on-year and up 33.07 percent from the first quarter.
Passenger PHEV sales were 348,081 units in the second quarter, up 101.06 percent year-on-year and 22.88 percent from the first quarter.
In the first half of the year, BYD's NEV sales were 1,255,637 units, up 95.78 percent year-on-year.
BYD aims to sell at least 3 million vehicles this year and strives to reach 3.6 million, the company's chairman and president Wang Chuanfu said in late March.
The figures announced today mean that BYD will need to sell an average of about 290,000 units per month in the second half of the year if it is to reach its annual sales target of 3 million units.
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