BYD Dominates Global Green Car Market… PHEV Sales Slow, but BEV Hits All-Time High

*This content was translated by AI.View Original

BYD, China’s largest new energy vehicle (NEV) manufacturer, sold a total of 490,168 green cars in October alone, setting a new record for the highest monthly sales of the year. This figure represents a 10.97% increase year-on-year, marking six consecutive months of year-on-year growth.

Notably, growth in the pure electric vehicle (BEV) segment stood out in this performance. BYD’s October pure electric passenger car sales surged 37.38% year-on-year to 305,743 units, surpassing the 300,000-unit mark on a monthly basis for the first time. This accounted for 63.28% of total passenger car sales, marking the third consecutive month of setting new all-time monthly records and establishing itself as a core growth driver for the brand.

In contrast, plug-in hybrid (PHEV) passenger car sales fell 17.23% year-on-year to 173,820 units, marking the second consecutive month of negative growth. In the domestic market, sales declined 10.57% year-on-year to 319,974 units, while in overseas markets, exports surged 102.84% year-on-year to 170,194 units.

Recently, BYD has significantly enhanced product appeal by successively unveiling key lineup models such as the second-generation Seagull and the third-generation Qin Plus DM-i. Industry media analyzed that the explosive sales momentum of pure electric vehicles and the expansion of overseas exports are driving BYD’s solid performance trend.

<© STARNEWS. All rights reserved. No reproduction or redistribution allowed.>

*This content was translated by AI.View Original