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Like most Chinese automakers, BYD reports NEV sales, including battery electric (EV) and plug-in hybrid (PHEV) vehicles. BYDs Song Plus (PHEV and EV) was the best-selling model in the lineup, with over 51,300 sold last month. The Chinese New Year, when sales are especially slow this year, runs from January 28 to February 4.
We may be aware that BYD is a giant Chinese company specialising in EV production, comparable to Tesla, the largest EV manufacturer in the United States,” Mr Hun Manet said at the event. The news comes after BYD launched its first electric pickup, the Shark PHEV (BYD Shark 6), in Cambodia last month.
It’s also planning to open facilities in Mexico, Hungary, Brazil, Turkey, and Pakistan. Despite Canada’s decision to impose a 100% tariff on Chinese EV imports, BYD has been eyeing selling vehicles there. Ford’s CEO Jim Farley warned that if automakers fail to keep up with Chinese OEMs, revenue and global market share will be at risk.
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