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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 posted its second-highest sales last month as new energy vehicle (NEV) sales continued picking up. With 331,817 NEVs (EVs and PHEVs) sold last month, BYD is closing in on its all-time sales record.

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

Teslarati

Chinese electric vehicle sales have hit 31 percent of the overall market, with 25 percent being pure EVs, a substantial growth year-over-year. 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.

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BYD EV sales grew nearly 50% in January as exports reached a new high

Baua Electric

After topping Tesla in the final three months of 2023, BYD is starting the year off strong with EV sales rising another 50% in January. BYD EV sales momentum continues in January BYD sold 105,304 fully electric cars last month, up 48% from the 71,338 handed over last year. Production was only up 9% to 90,749 units.

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

Baua Electric

After setting a new weekly sales record in early May, BYD nearly topped its all-time sales record last month. 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. Powered by a 29.58

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Toyota plots an all-electric Highlander SUV, will the Tundra and Tacoma be next?

Baua Electric

After a slow start, Toyota is looking to shake things up with its next round of electric cars. Toyota’s second best-selling SUV in the US, the Toyota Highlander, is going fully electric. The Japanese automaker has been notoriously slow in transitioning to fully electric vehicles. of Toyota’s total 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 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. Last year, NEVs accounted for 35% of China’s auto sales. A jump to 45% would mean an extra two million NEV sales, according to Wang.

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