BYD achieved vital development in new vitality automobile (NEV) gross sales in April, recording abroad gross sales of 79,086 items, marking the fifth consecutive month of record-breaking figures. Whereas battery electrical automobile (BEV) gross sales elevated, plug-in hybrid electrical automobile (PHEV) gross sales noticed a slight decline.
The corporate offered a complete of 380,089 NEVs in April, reflecting a year-on-year enhance of 21.34% and a minor rise of 0.71% from March. After ceasing manufacturing of typical inner combustion engine autos in March 2022, BYD has shifted its focus to PHEVs and BEVs.
In April, passenger NEV gross sales totaled 372,615 items, a 19.41% year-on-year enhance and a 0.32% enchancment from the earlier month. Moreover, industrial NEVs reached 7,474 items offered, marking a outstanding year-on-year rise of 524.39% and a 24.55% uptick from March.
Amongst passenger NEVs, BEVs offered 195,740 items in April, a formidable development of 45.57% year-on-year and a 17.84% enhance from March. In distinction, gross sales of passenger PHEVs reached 176,875 items, a slight lower of 0.40% year-on-year and down 13.85% from March.
Comparatively, abroad gross sales of NEVs via April totaled 285,170 items, reflecting a major year-on-year enhance of 105.29%. Within the January-April interval, BYD offered 1,380,893 NEVs total, a 46.98% enhance in comparison with the identical interval final yr, with passenger NEVs accounting for 1,358,713 items offered—a development of 45.09%.
BYD additionally stays a key participant within the energy battery market, having put in roughly 26.478 GWh of energy and vitality storage batteries in April, which is up 110.83% year-on-year and 30.13% from March. The corporate’s complete put in capability for the January-April timeframe amounted to about 79.031 GWh, representing an 86.86% enhance year-on-year.
Trying forward, BYD has set an bold gross sales goal of 5.5 million automobiles for 2025, together with over 800,000 items deliberate for international markets.
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