• Send Us A Tip
  • Calling all Tech Writers
  • Advertise
Wednesday, May 14, 2025
  • Login
  • Register
TechStory
  • News
  • Crypto
  • Gadgets
  • Memes
  • Gaming
  • Cars
  • AI
  • Startups
  • Markets
  • How to
No Result
View All Result
  • News
  • Crypto
  • Gadgets
  • Memes
  • Gaming
  • Cars
  • AI
  • Startups
  • Markets
  • How to
No Result
View All Result
TechStory
No Result
View All Result
Home Tech Automobiles

BYD shows tremendous growth in sales over last year as its expanded globally

by Meghana Kandra
October 3, 2022 - Updated On October 4, 2022
in Automobiles, Cars, Electric Vehicles, Manufacturing
Reading Time: 2 mins read
0
BYD sold 161% more EVs in China than same time last year, entering new markets with growth momentum
TwitterWhatsappLinkedin

Chinese automaker Build Your Dream (BYD) shows tremendous growth in its sales as it is expanded outside of China. It is expected to become a global EV maker if it continues at the same pace. It is currently operating as one of the largest automakers in China. Since 2021, the automaker has been manufacturing more than 320,000 BEVs, making it the second-largest car maker in the country.

You might also like

Toyota Revamps Its U.S. EV Strategy with Redesigned 2026 bZ

Toyota Gears Up to Reveal Next-Generation RAV4 on May 20

Fiat Unveils 2026 500 Hybrid: A Bold Comeback for Combustion in the EV Era

BYD sold 161% more EVs in China than same time last year, entering new markets with growth momentum
Image credits- The Driven

As an EV automaker, BYD Auto has been delivering vehicles since 2008 when it launched a plug-in hybrid version of its F3 sedan. More recently, however, BYD officially nixed all combustion vehicle production and remains a solely electric brand. Although the company has found success selling EVs in China, it has only recently begun to expand its sales reach in recent years. BYD has recently announced plans to sell passenger EVs in a bunch of countries throughout Europe. Today, BYD has shared another successful month of EV sales growth that is already beginning to translate to its new markets overseas. As pointed out and translated by CnEVPost, BYD shared its most recent EV sales numbers for September in an announcement on the Hong Kong Stock Exchange. BYD states that it sold a whopping 94,941 BEVs in China last month, up 161.5% compared to September of 2021 (36,306 EVs).

EV sales

Overall, BYD states that it sold 201,259 new energy vehicles (NEVs) in September alone – a record for the Chinese automaker and its first time eclipsing 200K units in a single month. Furthermore, September’s growth marks seven straight months of record sales. Total BEV sales are up over 183% compared to September of 2021 and up over 15% compared to a month ago.

BYD states that its NEV sales numbers include commercial EVs in addition to passenger vehicles, but the former only contributed to 286 units for the month. That’s still over 200K passenger vehicles sold. These numbers do not even include PHEV sales, which also saw massive YOY growth at over 214%. Although BYD is clearly a well-respected name for Chinese consumers, other foreign markets may not be as aware of the brand and its lineup of BEVs. Despite its short stint overseas, BYD’s early sales numbers are encouraging.

Late last month, BYD officially launched three EVs for the EU markets: the Han, Tang, and Atto 3. These markets now include Belgium, Denmark, Germany, Luxembourg, the Netherlands, Norway, and Sweden. EU pricing starts around 40K euros for the Atto 3. Not to be outdone, BYD has also shared plans to sell its vehicles in Japan as well. As the expansions continue, we can expect the automaker’s sales numbers to continue to trend upward through 2022, especially since it is reporting a backlog of 700,000 units.

 

Tags: Build Your DreamsBYDChinaelectric vehiclesEV manufacturingglobal EV maker
Tweet54SendShare15
Previous Post

GM to ramp up its electric vehicle assembly plants

Next Post

FTC All Ready to Crack Down on Online Advertising To Children

Meghana Kandra

Meghana studied PGD in Journalism, open university. She has more than five years of experience in content writing, from creative content development to online journalism. Electric vehicle enthusiast, engineer, and feminist.

Recommended For You

Toyota Revamps Its U.S. EV Strategy with Redesigned 2026 bZ

by Samir Gautam
May 14, 2025
0
Toyota Revamps Its U.S. EV Strategy with Redesigned 2026 bZ

In a bold move aimed at rejuvenating its electric vehicle (EV) strategy in the United States, Toyota has unveiled a redesigned version of its sole EV offering, now...

Read more

Toyota Gears Up to Reveal Next-Generation RAV4 on May 20

by Samir Gautam
May 14, 2025
0
Toyota Gears Up to Reveal Next-Generation RAV4 on May 20

Replacing a market leader is never easy, especially when that leader has dominated its segment for nearly a decade. The Toyota RAV4, America's best-selling SUV for eight consecutive...

Read more

Fiat Unveils 2026 500 Hybrid: A Bold Comeback for Combustion in the EV Era

by Samir Gautam
May 14, 2025
0
Fiat Unveils 2026 500 Hybrid: A Bold Comeback for Combustion in the EV Era

Fiat has officially revealed the first images and details of the upcoming 2026 Fiat 500 Hybrid — a combustion-powered sibling to the all-electric 500e. In a surprising yet...

Read more
Next Post
FTC All Ready to Crack Down on Online Advertising To Children

FTC All Ready to Crack Down on Online Advertising To Children

Please login to join discussion

Techstory

Tech and Business News from around the world. Follow along for latest in the world of Tech, AI, Crypto, EVs, Business Personalities and more.
reach us at [email protected]

Advertise With Us

Reach out at - [email protected]

BROWSE BY TAG

#Crypto #howto 2024 acquisition AI amazon Apple bitcoin Business China cryptocurrency e-commerce electric vehicles Elon Musk Ethereum facebook flipkart funding Gaming Google India Instagram Investment ios iPhone IPO Market Markets Meta Microsoft News NFT samsung Social Media SpaceX startup startups tech technology Tesla TikTok trend trending twitter US

© 2024 Techstory.in

No Result
View All Result
  • News
  • Crypto
  • Gadgets
  • Memes
  • Gaming
  • Cars
  • AI
  • Startups
  • Markets
  • How to

© 2024 Techstory.in

Welcome Back!

Login to your account below

Forgotten Password? Sign Up

Create New Account!

Fill the forms bellow to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In
Are you sure want to unlock this post?
Unlock left : 0
Are you sure want to cancel subscription?