article thumbnail

BYD and UzAuto to form NEV production JV in Uzbekistan

Green Car Congress

BYD and Uzavtosanoat JSC (UzAuto) signed an agreement to establish a joint venture company producing new energy vehicles (NEVs). Founded in 1995, BYD is a leading NEV (plug-in hybrids and battery-electric vehicles] manufacturer. As of November 2022, BYD has sold more than 3 million NEVs to global customers.

article thumbnail

BYD says plug-in electrics will exceed 50 pct of new car sales in China in next 3 months

The Driven EV News

The head of Chinese electric car giant BYD says sales of plug-in vehicles will reach 50 per cent of the new car market in China in the next 90 days. The post BYD says plug-in electrics will exceed 50 pct of new car sales in China in next 3 months appeared first on The Driven.

BYD 142
article thumbnail

BYD sold 1.86M light-duty NEVs in 2022, up 209%

Green Car Congress

BYD reported that it sold 1,857,379 light-duty New Energy Vehicles in 2022, consisting of 911,140 battery-electric vehicles (49%) and 946,239 plug-in hybrid electric vehicles (51%). Including commercial vehicles, BYD sold 1,863,494 New Energy Vehicles in 2022, up 209% from the year before.

BYD 273
article thumbnail

BYD NEV sales up 262.9% YOY in October

Green Car Congress

BYD sold 88,898 passenger vehicles in October, increasing 90.9% By the end of October, the cumulative annual sales of BYD passenger vehicles topped 200,000 units. positioning BYD as a dominant player in China’s plug-in hybrid vehicles market. BYD introduced the e-platform 3.0 year on year (YoY) and 12.5%

BYD 448
article thumbnail

BYD profits decline 47% quarter-over-quarter in Q1 2024

Teslarati

BYD’s profits declined by 47% in the first quarter of 2024 compared to Q4 2023. BYD sold more than 300,000 battery electric vehicles (BEVs) in the first quarter, down from 526,000 in the fourth quarter of 2024. In March 2024, BYD set lower sales growth goals for the year.

BYD 126
article thumbnail

2024 BYD Shark revealed: Plug-in petrol dual-cab wants to decimate diesel

EV Central

The 2024 BYD Shark has been revealed without camouflage, with the plug-in petrol dual cab’s launch timing now officially revealed. But in the lead-up to that event, BYD has given us our first proper look at its PHEV ute, with the Shark pictured off-road as part of the promotion for its launch. litre turbo or 2.0-litre

Petrol 63
article thumbnail

BYD sold over 302,000 plug-ins in March globally

Electric Cars Report

Chinese biggest EV maker BYD sold 302,459 plug-in vehicles in March, up from just 122,311 EVs in February and January’s 201,493 and a 46% increase over the year-earlier month. BYD sold 139,902 all-electric vehicles in March, up 36.26 percent year-on-year and up 154.79 percent from February.

Plug-in 67