Industry dynamics

BYD's NEV sales fall to 151,341 units in Jan, ending 10-month streak of growth

Publishtime:1970-01-01 08:00:00 Views:11

BYD's NEV sales ended a 10-month streak of growth, as the Chinese New Year holiday took its toll on sales.

Plug-in hybrids (PHEVs) were 78,826 units, up 69.37 percent from 46,540 units a year ago, but down 35.74 percent from December.

In January, BYD sold 10,409 NEVs in overseas markets, down 8.05 percent from 11,320 units in December. The company first announced overseas sales figures for NEVs in July 2022.

In addition to being the largest NEV company in China, BYD is also the second-largest power battery manufacturer in the country.

BYD's installed power and energy storage battery capacity in January was about 8.148 GWh, up 70.82 percent from 4.770 GWh in the same month last year, but down 26.94 percent from 11.152 GWh in December.