In January, sales of NEVs accounted for 97.6 percent of all BYD vehicle sales.

(Graphic by CnEVPost)

BYD sold 93,168 new energy vehicles (NEVs) in January, up 361.7 percent year-on-year and essentially unchanged from 93,945 units in December.

That includes 92,926 passenger cars, and 242 commercial vehicles, the company said in a statement filed with the Hong Kong Stock Exchange today.

Among new energy passenger vehicles, BYD sold 46,386 pure electric vehicles in January, up 220.7 percent from 14,463 units a year earlier. It sold 46,540 plug-in hybrids in January, up 760.6 percent from 5,408 units a year earlier.

The company sold 2,254 fuel vehicles in January, down 90 percent from 22,223 in the same month last year.

BYD sold 95,422 all vehicles in January, up 125 percent from a year ago.

This means that NEV sales accounted for 97.6 percent of BYD's total vehicle sales in January.

BYD produced 91,736 units of NEVs in January, up 309.7 percent from 22,393 units a year earlier.

The company produced 91,494 new energy passenger cars and 242 new energy commercial vehicles in January. The new energy passenger vehicle production included 45,727 pure electric vehicles and 45,767 plug-in hybrids.

BYD produced 2,365 fuel vehicles in January, down 90.6 percent from 25,225 units a year earlier and accounting for 2.5 percent of its total vehicle production of 94,101.

The company's total installed capacity of NEV power batteries and energy storage batteries was 4.770 GWh in January, down 5.5 percent from 5.049 GWh in December.

(Graphic by CnEVPost)

On January 21, BYD said it will adjust the official guide prices of its Dynasty and Ocean series NEV models by RMB 1,000 ($158) to RMB 7,000.

This is due to a significant increase in raw material prices and the withdrawal of subsidies for NEV purchases, the company said. The price adjustment has been effective since February 1.