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BYD NEV sales up 262.9% YOY in October

Green Car Congress

BYD sold 88,898 passenger vehicles in October, increasing 90.9% By the end of October, the cumulative annual sales of BYD passenger vehicles topped 200,000 units. positioning BYD as a dominant player in China’s plug-in hybrid vehicles market. BYD introduced the e-platform 3.0 year on year (YoY) and 12.5%

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Chinese EV Companies Continue Trend Toward Plugin Hybrids

CleanTechnica EVs

Throwing the EV world for a bit of a loop, plugin hybrids are on an uptrend in China. Aside from the surprising explosion in popularity of the Li Auto models, BYD is selling a lot of plugin hybrids. In fact, plugin hybrid sales grew 70% in June 2024 versus June.

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BYD offers discounts for Song and Seal as China's auto price war intensifies

CN EV Post

Consumers who order BYD 's Song Plus lineup this month will receive a discount of RMB 6,800, or RMB 8,800 for the Seal. Image from BYD's Weibo) As the price war intensifies in China's auto industry, BYD has also started offering discounts for its two models, even though the official prices remain unchanged.

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BYD sets new NEV sales record as it sets eyes on Canada

Teslarati

Chinese automaker BYD set another record in new energy vehicle (NEV) sales in July 2024. BYD’s global NEV sales will likely increase even further as it sets eyes on Canada. BYD sold approximately 342,383 NEVs in July, up 30% year over year. BYD’s battery electric vehicle (BEV) sales fell by 10% compared to June.

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BYD launches 3 new electric vehicles at the Paris Motor Show

Green Car Congress

BYD is launching three new battery-electric passenger vehicles in Europe at the Paris Motor Show, including the BYD ATTO 3, a C-segment SUV designed with the European customer in mind; the BYD TANG, a 7-seater with variable all-wheel drive; and the sporty sedan BYD HAN. BYD’s new generation e-Platform 3.0,

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Daimler and BYD restructure DENZA joint venture to 10:90

Green Car Congress

Daimler Greater China Ltd. and its long-term Chinese partner BYD Auto Industry Co., BYD) signed an equity transfer agreement to realign the structural setup of their originally 50:50 joint venture Shenzhen DENZA New Energy Automotive Co., Both Daimler and BYD remain dedicated to their successful long-term partnership.

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BYD profits decline 47% quarter-over-quarter in Q1 2024

Teslarati

BYD’s profits declined by 47% in the first quarter of 2024 compared to Q4 2023. BYD sold more than 300,000 battery electric vehicles (BEVs) in the first quarter, down from 526,000 in the fourth quarter of 2024. China’s ongoing EV price war has affected economic growth as automakers compete for more market share.

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