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BYD just nabbed another ‘world’s first’ milestone as record sales run heats up

Baua Electric

October was BYD’s fifth straight record-breaking month for NEV sales, including plug-in hybrid (PHEV) and battery electric (EV) models. New facilities are coming online soon in Hungary, Brazil, Pakistan, Turkey, and Mexico. Now, it focuses on PHEV and EV models. Through the first ten months of 2024, BYD has sold over 3.25

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BYD just hit the 1 million EV sales mark for 2024 after a record-breaking August

Baua Electric

BYD reported August sales numbers, showing a record 373,082 new energy vehicles (NEVs) sold, including plug-in hybrids (PHEVs) and all-electric cars. August marks BYD’s sixth consecutive record PHEV sales month. million PHEVs through August 2024, up 43% from the roughly 886,000 sold last year. BYD has now sold over 1.3

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BYD surges past Honda and Nissan’s sales for the first time, targets Ford with low-cost EVs

Baua Electric

Affordable EVs driving demand According to MarkLines (via Nikkei ), BYD’s new vehicle sales climbed 40% between April and June to 980,000. A big part of BYD’s surging sales numbers is its incredibly affordable electric cars. BYD Shark PHEV pickup (Source: BYD) Ford’s wholesales reached 1.14 million in Q2 2023. billion in 2023.

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BYD overcomes China’s intense EV price war as record car sales lead to Q2 profit surge

Baua Electric

Despite slashing prices and launching more affordable EVs, BYD’s bottom line nearly doubled from the first three months of 2023 (+98%). It’s also planning to open facilities in Mexico, Hungary, Brazil, Turkey, and Pakistan. The EV leader posted revenue of RMB 176 billion ($24.7 billion) in Q4 2023. billion ($1.46

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BYD is waiting for the US election to announce its new North American EV plant

Baua Electric

It’s also planning facilities in Pakistan , Turkey, Brazil, and Mexico. With new models rolling out, including its first truck, the Shark PHEV pickup , BYD sees Mexico as a key growth driver. The Dolphin Mini begins at around $18,000 (358,800 pesos) in Mexico as one of the most affordable options on the market.

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