BYD sold 490,168 new-energy vehicles in October, with battery-electric passenger models reaching 305,743. Exports more than doubled from a year earlier, while sales in China declined. The monthly increase extended the company’s recovery, although its January–October total remained below last year and plug-in hybrids continued to lose volume.
Chinese vehicle maker BYD reported another annual increase in October sales of new-energy vehicles, a category encompassing fully electric and plug-in hybrid models. Its ten-month total nevertheless remained below the previous year. The monthly release put total sales at 490,168 vehicles, up 10.97 per cent from a year earlier and 5.74 per cent from September.[1], [2]
Battery-electric passenger vehicles accounted for 305,743 sales, an annual increase of 37.38 per cent. Their share of passenger sales reached 63.28 per cent, compared with 59.81 per cent in September and 50.95 per cent a year earlier. Plug-in hybrid passenger vehicles moved in the opposite direction: sales fell 17.23 per cent from a year earlier to 177,382. Passenger vehicles together contributed 483,125 units, with commercial vehicles adding 7,043.[1]
BYD’s overseas shipments rose 102.84 per cent year on year to 170,194, although they fell 5.81 per cent from September. China sales declined 10.57 per cent annually to 319,974. January–October worldwide sales reached 3,621,744, still 2.16 per cent below the previous year. Ten-month exports rose 93.75 per cent to 1,513,154, while domestic Chinese volume fell 27.81 per cent to 2,108,590.[1]
