BYD sold 134,465 BEVs in April, down 3.89 percent from March, and 177,583 PHEVs, up 9.8 percent from March.
BYD (HKG: 1211, OTCMKTS: BYDDY) saw further sales growth last month, which continued to be the second highest on record.
The company sold 313,245 new energy-vehicles (NEVs) in April, up 48.96 percent from 210,295 in the same month last year and up 3.57 percent from 302,459 in March, according to figures it released today.
BYD ceased production and sales of vehicles powered entirely by internal combustion engines in March 2022, switching to a focus on the production of plug-in hybrids (PHEVs) and battery electric vehicles (BEVs).
BYD’s NEVs include passenger cars as well as commercial vehicles, with sales of passenger NEVs totaling 312,048 units in April, an increase of 48.97 percent year-on-year and up 3.45 percent from March.
BYD’s commercial NEVs sold 1,197 units in April, up 44.57 percent from both a year ago and March.
Among passenger NEVs, BEVs sold 134,465 units in April, up 28.84 percent year-on-year but down 3.89 percent from March.
BYD sold 177,583 units of passenger PHEVs in April, up 68.96 percent year-on-year and up 9.8 percent from March.
In April, BYD sold a record 41,011 vehicles in overseas markets, surpassing March’s previous record of 38,434. That’s up 176.6 percent year-on-year and 6.71 percent from March.
BYD first reported its overseas sales figures for NEVs in 2022 July.
In addition to being China’s largest NEV company, BYD is also China’s second-largest power battery maker.
BYD’s installed base of power and energy storage batteries amounted to about 12.559 GWh in April, up 26.17 percent year-on-year and 6.78 percent from March.
In January-April, BYD sold 939,508 NEVs, up 23.24 percent year-on-year.
It sold 936,446 passenger NEVs in January-April, up 23.64 percent year-on-year, and 3,062 commercial NEVs, down 38.60 percent.
BYD targets 3.3 million sales for its Dynasty and Ocean series in 2024, report says
