BYD Breaks Records with Impressive Electric and Hybrid Vehicle Sales in June 2024
According to BYD’s recently released sales report, the Chinese automaker sold an impressive 341,658 new energy vehicles (NEVs) in June 2024. This sets a new monthly sales record, surpassing their previous record of 341,043 units sold in December 2023. On average, BYD delivered 11,000 vehicles to customers per day.
Of the 341,658 new energy vehicles sold by BYD in June, 145,179 were pure electric vehicles (EVs). This figure is slightly lower than May’s sales but represents a 13% increase compared to the same period last year.
For the first half of 2024, BYD has sold a total of 726,153 vehicles, an 18% increase compared to the same period last year. Notably, BYD has consecutively broken sales records for four months in a row in both the electric and hybrid vehicle segments. Meanwhile, many of its competitors are facing challenges due to declining sales.
.png)
BYD is not only focused on the Chinese market but is also actively expanding its presence in international markets. In June, the company sold 26,995 vehicles in countries outside of China. In Thailand, BYD held a 40% market share in the electric vehicle segment as of last year, while its competitors, Neta and Great Wall Motor, held 17% and 16%, respectively. BYD has also recently introduced three new models, the Seal, Atto3, and Dolphin, to the Vietnamese market, attracting customers with their sleek designs and advanced technologies.
While BYD’s sales are predominantly driven by affordable SUVs and sedans, the company is diversifying its product portfolio by introducing luxury SUVs, pickup trucks, and supercars. One notable addition is the Yangwang U9, a supercar designed to compete with Ferrari and Lamborghini. The starting price for this electric supercar is expected to be around $233,400.
Additionally, BYD has launched the Sea Lion 07, priced from $26,250. This model is predicted to give tough competition to the Tesla Model, which has a significantly higher starting price of $34,550 in the Chinese market.
Thai Son (Tuoitrethudo)
Experience the Lynk & Co Club in China: More than just a car dealership
Lynk & Co Club is a unique blend of direct product sales, brand culture experience, and shopping, creating a direct connection between the brand and consumers in a dynamic space far removed from traditional car showrooms.
BYD becomes the first automaker to produce 6 million hybrid and electric vehicles
Chinese automaker BYD has achieved a significant production milestone in the New Energy Vehicle (NEV) sector, with a total of 6 million vehicles rolling off the assembly line since 2008.
BYD poised to dethrone Tesla as the world’s largest electric car manufacturer
BYD is expected to surpass Tesla to become the world’s largest electric car manufacturer in the last three months of 2023. Currently, the leading Chinese automaker is only lagging behind Tesla by 3,000 vehicles.
