BYD breaks sales records, its electric cars sell at crazy speed

BYD posts a new record with 419,426 new energy vehicles (NEV) sold last September, an increase of 45.91% compared to September 2023. This is the 4th consecutive month of record sales for the company which also a hit with its subsidiary Denza.

A dazzling progression for BYD

Sales of plug-in hybrid vehicles (PHEV) increased enormously with 252,647 units sold in September. This is the seventh consecutive monthly record for this category, with an impressive increase of 86.17% year-over-year.

Sales of 100% electric vehicles (BEV) also saw growth, although more modest, with 164,956 units sold, an increase of 9.1% compared to the previous year.

In the international market, BYD sold 33,012 vehicles in September, up 17.74% year-on-year.

These results show strong quarterly momentum. During the third quarter of 2024, BYD crossed the milestone of one million vehicles sold in a quarter for the first time, with 1,134,892 units sold.

In the first nine months of the year, BYD's total NEV sales reached 2,747,875 units, up 32.13% compared to the same period in 2023.

BYD continues its international breakthrough

These figures confirm BYD's dominant position in the electrified vehicle market and its growing international penetration. Like other Chinese manufacturers, Xiaomi in the lead with its three models in preparationthe company sets out to conquer the world. European businesses are trembling in the face of this competition…