BYD snaps longest streak of sales declines
Overseas sales topped 160,000 for the first time, offsetting weaker demand at home as BYD sold 383,453 new energy vehicles.
- On Monday, Chinese electric vehicle giant BYD snapped its longest streak of declining sales in May, selling 383,453 new energy vehicles.
- Overseas shipments rose 80.4% to 160,644 units, offsetting persistent softness in China where domestic sales fell 24% for the 13th consecutive month.
- By powertrain, the company sold 198,674 purely electric vehicles in May, up 27% from the prior month, while plug-in hybrid sales rose 14% to 178,316 units.
- Expanding its international footprint, BYD plans to launch the Dolphin G DM-i in overseas markets this year, alongside new Blade Battery 2.0 and Flash Charging technology.
- Competition remains intense, with analyst Li Yanwei of the China Automobile Dealers Association noting that Geely's Galaxy series is pulling buyers away with competitive pricing.
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17 Articles
Still unknown a few years earlier, BYD was able to quickly impose itself on the market. As a reminder, the Chinese manufacturer was born in 1993. But it has been producing cars since 2023, and especially electric models. And it was in the summer of 2023 that the company based in Shenzhen officially made its arrival in Europe. Today, it is now well established on our continent. And this is not yet finished. Because it continues to reveal new mode…
ByD breaks its bad streak and beats its record abroad: in Spain it is already a leader in plugs. BYD continues to record record. The Chinese brand continues to grow unstoppably in Spain, in line with an unstoppable growth of its exports from China, where after eight months it has slowed down the decline in sales it had been suffering.After consolidating as a brand that more plug-in vehicles sell in the world, BYD entered a spiral where its sales…
BYD’s overseas sales are booming, topping 160,000 for the fi...
$BYD COMPANY (01211.HK)$ $BYD Company ADR (BYDDY.US)$ BYD posted higher sales growth in May for the first time in eight months, driven by record overseas demand. With orders for new vehicles equipped with its new battery and charging tech surging, BYD is now struggling to meet demand. BYD overseas sales boost demand in May While [...]
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