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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. The $10,000 BYD Seagull EV is scaring the U.S.

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Toyota sales slide as aggressive price cuts by BYD, Chinese EV makers take effect

Baua Electric

Toyota’s global sales fell over 5% last month, partly driven by the impact of BYD’s price cuts in key markets like China, Southeast Asia, and even Japan. Although demand remained strong in North America and Europe, pressure in Japan and China led to fewer sales. The Japanese automaker’s global sales are down 0.9%

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Chinese EV Companies Continue Trend Toward Plugin Hybrids

CleanTechnica EVs

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. continued] The post Chinese EV Companies Continue Trend Toward Plugin Hybrids appeared first on CleanTechnica.

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China’s BYD tops sales of 3 million EVs in 2023

Electrek

It was a huge year for profits at Chinese auto behemoth BYD. Adding up sales for all so-called new energy vehicles, including battery-only vehicles and plug-in hybrids, BYD sold a whooping 3 million vehicles in 2023. more… The post China’s BYD tops sales of 3 million EVs in 2023 appeared first on Electrek.

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BYD sets lower sales growth & warns of looming price war

Teslarati

BYD set lower sales growth goals for 2024, warning of a looming price war and overcapacity in Mainland China’s electric vehicle (EV) sector. BYD Chairman and President Wang Chuanfu held an investors conference earlier this week. The Chinese automaker estimates account for some challenges BYD expects this year.

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BYD to Chinese Auto Industry: "Demolish the Old Legends" in the EV Race

The Truth About Cars

Build Your Dreams, or BYD, is likely one of the largest companies you’ve never heard of. The Chinese giant is one of the world’s busiest EV automakers, with almost 1.9 Though enormous, BYD isn’t satisfied with dominating its home market and wants the rest of the Chinese electric auto industry to come with it.

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Tesla Sales & Market Share Trends in China

CleanTechnica EVs

Yesterday, I noticed that BYD’s share of the Chinese auto market really had grown a lot over the course of the year, and I produced an article featuring monthly market share charts to visualize that. In the comments, a reader, Mike Sarcione, noted, “Zach didn’t include Tesla’s Chinese market share.

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