Affordable Brazil PHEV SUV 
Baua Electric
JUNE 4, 2024
With 331,817 new energy vehicles (EVs and PHEVs) sold in May (+38% YOY), BYD posted its second-highest sales month ever. BYD launched the “Dolphin Mini” (as it’s called overseas) in Brazil, starting at around $20,000 (99,800 BRL). BYD Shark launch event (Source: BYD) BYD launched its first pickup last month in Mexico, the Shark PHEV.
Baua Electric
JUNE 3, 2024
With 331,817 NEVs (EVs and PHEVs) sold last month, BYD is closing in on its all-time sales record. This is the third straight record PHEV sales month. BYD has sold 685,960 PHEVs so far this year, up 35% from the 507,862 sold at this time last year. Fully electric vehicle sales also trended higher.
Baua Electric
AUGUST 23, 2024
Affordable EVs driving demand According to MarkLines (via Nikkei ), BYD’s new vehicle sales climbed 40% between April and June to 980,000. A big part of BYD’s surging sales numbers is its incredibly affordable electric cars. BYD Shark PHEV pickup (Source: BYD) Ford’s wholesales reached 1.14 million in Q2 2023. billion in 2023.
Baua Electric
MAY 29, 2024
According to the IEA’s Global Electric Vehicle (EV) Outlook 2024 , China accounted for 60% of all EV and PHEV sales globally last year. In 2023, new energy vehicle (EVs and PHEVs) registrations reached 8.1 The trend has continued this year, with China’s leading EV makers, including BYD, introducing significantly more affordable models.
Baua Electric
JULY 1, 2024
BYD’s PHEV sales have hit a new record for the past four months now. BYD Dolphin Mini (Seagull) launch in Brazil (Source: BYD) BYD tops monthly sales record amid China’s EV price war BYD’s sales are picking up after starting a “liberation battle” earlier this year, targeting foreign gas-powered cars with lower prices.
Teslarati
FEBRUARY 14, 2023
Using an LFP chemistry , BYD advertises the battery as a more affordable, faster charging, and more durable option compared to more traditional NMC battery chemistries. Perhaps most notably, BYD will be selling its Atto 3 EV SUV in Japan in the coming months, with numerous showrooms and charging locations already planned for construction.
Baua Electric
AUGUST 28, 2024
Despite slashing prices and launching more affordable EVs, BYD’s bottom line nearly doubled from the first three months of 2023 (+98%). It’s also planning to open facilities in Mexico, Hungary, Brazil, Turkey, and Pakistan. The EV leader posted revenue of RMB 176 billion ($24.7 billion) in Q4 2023. billion ($1.46
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