BYD’s November sales figures have been released, with new energy vehicle (NEV) sales totaling 26,690 units, of which 25,553 were NEV passenger vehicles, including 18,220 pure electric units and 7,333 plug-in hybrids.
Now for the key figures: sales of the Han series NEVs (including electric and hybrid models) broke the 10,000-unit mark, reaching 10,105 vehicles, representing a new high for the series. This figure suggests that the production capacity issues are gradually being resolved. The separate sales figures for electric and hybrid models have not yet been released.
As for the issue of insured vehicles, October’s data can be referenced. In October, BYD announced the sales of the Han series as 7,545 units, including 5,055 electric and 2,490 hybrid units. However, the actual number of insured vehicles totaled 5,790 units, including 3,949 electric and 1,841 hybrid units.
After the BYD Tang was upgraded in 2018, it saw six months of sales exceeding 10,000 units out of the period from July 2018 to January 2019. However, it failed to sustain these sales figures.
The Han series broke the 10,000-unit mark slightly slower than the Tang, but has demonstrated stronger momentum. It is highly likely that the series will continue to exceed 10,000 units in December.
Currently, the cumulative sales figure for the Han series is 28,467 units, which indicates that there is still a significant order backlog. Nevertheless, it is apparent that the order conversion rate for the Han series is considerable.
Source: BYD official website
This article is a translation by ChatGPT of a Chinese report from 42HOW. If you have any questions about it, please email bd@42how.com.