Industry dynamics

BYD boasts 60.48% YoY leap in Jan.-Apr. 2021 sales

Publishtime:1970-01-01 08:00:00 Views:96

Shanghai (ZXZC)- BYD Company Limited said its new vehicle sales reached 45,234 units in April 2021, surging 42.21% year on year, while growing 10.82% month on month, according to the company's latest monthly sales results.

BYD boasts 60.48% YoY leap in Jan.-Apr. 2021 sales

Regarding year-to-date performance, the automaker sold 149,379 vehicles in the Jan.-Apr. period, posting a substantial increase of 60.48% from the year earlier. As of April 2021, BYD had seen its monthly sales rise year over year for ten consecutive months.

With 25,662 vehicles sold, BYD’s new energy vehicle (NEV) business scored a 97.48% year-on-year sales surge in April, thanks to the precipitous rise in the PV sales. Among the new energy PVs sold last month, there were 16,114 BEVs (+61.69% YoY) and 8,920 PHEVs (+288.5% YoY). However, CV sales fell 14.32% to only 628 units.

BYD boasts 60.48% YoY leap in Jan.-Apr. 2021 sales

Tang DM-i; photo credit: BYD

At the Auto Shanghai 2021, BYD announced the Tang DM-i officially hit the market, which came with three trim levels with prices ranging from 189,800 yuan ($29,505) and 216,800 yuan ($33,700) after subsidies.

Built on the BYD DM-i platform, the new model is powered by a plug-in hybrid system combining with a 1.5-liter turbocharged engine and an electric motor, and uses a lithium ion phosphate “Blade Battery”.

BYD boasts 60.48% YoY leap in Jan.-Apr. 2021 sales

e-platform 3.0; photo credit: BYD

Meanwhile, BYD also launched the e-platform 3.0, which is designed for the next-generation high-performance smart EVs. The EA1, the all-new full-electric hatchback BYD unveiled at the Auto Shanghai, is built on this platform.

BYD's oil-fueled vehicle sales in April climbed 4.03% from the previous year to 19,572 units. To be specific, SUV sales dropped 13.73% to 13,004 units, while sedan sales shot up 160.06% to 5,633 units.