BYD September Sales Report Released, Significant Growth in New Energy Vehicles, including the Han series with 5,612 units sold and the Tang series with 5,085 units sold.
Sales of new energy passenger vehicles reached 18,603, an increase of 32.8% month-on-month and 42.6% year-on-year, with a cumulative year-on-year decrease of 42.4%.
Sales of pure electric vehicle models reached 12,212, an increase of 29.7% month-on-month and 65.9% year-on-year, with a cumulative year-on-year decrease of 36.64%.
Sales of hybrid vehicle models reached 6,391, an increase of 39% month-on-month and 12.3% year-on-year, with a cumulative year-on-year decrease of 59.02%.
Returning to new energy vehicle sales, BYD actually updated a lot of its new energy vehicle product lines this year. In addition to the flagship model Han becoming available, the mid-term facelift of Tang has also been completed, and the SUV has added Song PLUS. However, due to the impact of the epidemic in the first half of this year, BYD’s new energy vehicle sales were really poor. By September, cumulative sales had only exceeded 100,000 units. Although the cumulative year-on-year sales data has slowly begun to shrink in recent months, it is expected that this year’s sales may still not reach 200,000 units.
In addition, a large proportion of BYD’s new energy vehicle sales are TO B-end customers, opinions on which vary. Moreover, there is an important index in the “New Energy Vehicle Industry Development Plan” approved yesterday, that is, “Starting from 2021, the proportion of new energy vehicles in newly added or updated public vehicles such as buses, taxis, and logistics vehicles in national ecological civilization pilot zones and key areas for air pollution prevention and control shall not be less than 80%.” This is good news for BYD.
Finally, the garage has provided a ranking of historical new energy vehicle sales for reference. Click on the link to view: https://www.42how.com/sales
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.