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BYD nearly tops all-time sales record in May as EV price cuts boost demand

Baua Electric

China’s leading EV maker, BYD , nearly reached a new sales record in May after aggressive price cuts took effect. BYD achieves second highest sales record in May After hitting a new electric vehicle (EV) weekly sales record in early May, BYD is not slowing down. This is the third straight record PHEV sales month.

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BYD sees NEV share reaching 50% in the next 3 months in China as EV price war heats up

Baua Electric

After new energy vehicles (EVs and PHEVs) crossed 48.2% About half of BYD’s sales are all-electric, while the other half are PHEVs. Now, the automaker has several fully electric models below or close to the 100,000 yuan mark. Last year, NEVs accounted for 35% of China’s auto sales.

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BYD teases bold Ocean-M electric car powered by its new EV platform

Baua Electric

Another fully electric BYD vehicle is set to debut this week. Ahead of its official reveal, BYD is teasing the upcoming Ocean-M electric car, which will be based on its new EV platform. BYD is launching new luxury models, mid-size electric EVs, and don’t forget all-electric supercars.

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BYD opens shop in the Caribbean with 10 new markets planned by the end of 2024

Baua Electric

With 331,817 new energy vehicles (EVs and PHEVs) sold in May (+38% YOY), BYD posted its second-highest sales month ever. Of them, nearly 146,400 were fully electric. BYD has sold 580,974 all-electric vehicles so far this year, up 19% compared to the 488,600 sold a year ago. Powered by a 29.58

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BYD is launching its next-gen Blade EV battery soon with more range and even lower cost

Baua Electric

BYD’s Blade batteries power Tesla, Ford, Kia, Hyundai, Toyota, and other popular electric vehicles from major automakers. The batteries are installed in most BYD models, such as the low-cost Seagull, Dolphin electric hatch, and Atto 3 SUV. The batteries are a major reason behind BYD’s success.

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China’s EV market hits its stride with 1-in-3 sales being electrified

Teslarati

According to a report by CleanTechnica , sales of electrified vehicles in May hit 31 percent of the overall market with 25 percent being fully electric vehicles. Meanwhile, fully-electric car sales grew by 91 percent. What do you think of the article?

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BYD and Mercedes-Benz tease new co-branded luxury electric vehicle coming this year

Baua Electric

To compete with Tesla’s Model Y, Denza launched a new N7 earlier this month, slashing prices by up to 20% compared to the previous model. Source: Denza) China’s leading automaker sold over 300,000 fully electric vehicles in the first three months of 2024, up 13% over last year. The brand also offers two SUVs, the N8 and N7.

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