article thumbnail

BYD electric car sales jump, but profits nearly halve as EV price war bites

The Driven EV News

BYD's had an impressive start to 2024 with international sales steadily growing and expansion plans well underway. But its profits have nearly halved because of the EV price war. The post BYD electric car sales jump, but profits nearly halve as EV price war bites appeared first on The Driven.

BYD 126
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% In particular, the New Energy Vehicle (NEV) sales reached 80,003 units, soaring 262.9% By the end of October, the cumulative annual sales of BYD passenger vehicles topped 200,000 units. BYD’s e-platform 3.0 BYD introduced the e-platform 3.0

BYD 448
article thumbnail

BYD sets lower sales growth & warns of looming price war

Teslarati

BYD set lower sales growth goals for 2024, warning of a looming price war and overcapacity in Mainland China’s electric vehicle (EV) sector. BYD Chairman and President Wang Chuanfu held an investors conference earlier this week. The Chinese automaker estimates account for some challenges BYD expects this year.

BYD 119
article thumbnail

The BYD Dolphin Is Now The Lowest Priced EV In South Africa

CleanTechnica EVs

Sales of electric vehicles have been very slow in South Africa, but the industry is starting to show signs of growth. Sales of battery-electric vehicles came close to breaching the 1,000 units per year mark in South Africa for the first time ever. Last year, 931 battery-electric vehicles (BEVs) were.

article thumbnail

BYD starts pre-sale of Seagull with prices starting at $11,460

CN EV Post

With a range of up to 405 km, the BYD Seagull is expected to be one of the vehicle choices for many families for short trips. Image credit: BYD) BYD (OTCMKTS: BYDDY) has started pre-sale for a mini electric vehicle that promises to be one of the vehicle choices for many families on short trips. kWh and 38.88

BYD 145
article thumbnail

BYD Seal chases down Model 3, as Australian EV sales cool and customers turn to ICE

The Driven EV News

EV sales stall in April despite price cuts across the market, and as the BYD Seal nearly catches the Model 3. The post BYD Seal chases down Model 3, as Australian EV sales cool and customers turn to ICE appeared first on The Driven.

BYD 143
article thumbnail

Chinese EV leaders BYD and NIO achieve record EV sales as price war looms

Electrek

Several leading Chinese EV makers, including BYD and NIO, posted strong sales results this week. NIO hit a new record in Q3, while BYD continued its dominant streak with record-breaking EV sales in September.

BYD 114