In August, BYD Sold Over 20,000 Plug-In Electric Cars In China

SEP 16 2018 BY MARK KANE 41

Another month, another record.

In August, BYD for the third consecutive month set a new record for plug-in electric car sales in China, reaching 20,845.

The year-over-year growth increased to 90%, while the plug-in share in overall BYD volume stands at 51%.

BYD plug-in electric car sales in China – August 2018

During the first eight months of2018, BYD sold 110,318 plug-ins (more than in all 12 months of 2017) and now the goal for 200,000 turns out to be achievable in the four remaining months.

BYD plug-in electric car sales in China – August 2018

Currently, BYD offers six plug-in models. Two of those models are available in both BEV and PHEV versions, so a total of eight options.

BYD sales breakdown:

  • Yuan BEV – 4,487 (third month on the market and another record)
  • Tang PHEV – 5,043 (second full month of second-generation)
  • Qin PHEV – 4,091 + 825 BEV
  • e5 – 4,003
  • Song PHEV – 1,916 + 83 BEV
  • e6 – 397

PHEV and BEVs are selling similarly:

BYD plug-in electric car sales in China – August 2018

Categories: BYD, China, Sales

Tags: , , , , , , , , ,

Leave a Reply

41 Comments on "In August, BYD Sold Over 20,000 Plug-In Electric Cars In China"

newest oldest most voted
olaf

Exciting times with BYD, Tesla, Nissan and BMW vying for the lead in the BEV and PHEV markets! Let’s replace some oil demand!

Zachary Hafen

Bmw makes that list for you?

carcus

Sure, … replace it with what?:

“China’s coal consumption appears to be rising at a rapid rate in 2018, erasing several years of low growth and environmental restraint.

In the first five months of the year, China used 870 million metric tons of “thermal” coal, a 12-percent increase from a year earlier, the government’s top planning agency said on June 21.”

China’s Coal Use Climbs Despite Pollution Plans — Radio Free Asia 2018-7-16

/as I’ve mentioned a few times before — China is building coal fired power plants like mad

carcus

Oh, .. and it’s not replacing anything:

“There are three major demand centers for oil in the world: The U.S., the European Union, and the Asia Pacific region. Cumulatively, these three areas are responsible for two-thirds of global crude oil demand.

While U.S. demand remains relatively high, it isn’t much higher today than it was at the time of the 1973 oil crisis. Likewise in the European Union demand is actually a bit lower today than it was in 1973.
U.S. consumption is 3.5 million BPD higher than in 1973, which amounts to growth of just under 15% in 45 years. Demand in the EU has declined by 13% since then.

But demand in the Asia Pacific region climbed from 9.1 million BPD in 1973 to 34.6 million BPD in 2017. This 280% increase in demand is the primary reason the global demand curve has marched steadily higher.”

Asia’s Insatiable Oil Demand — Forbes 7-19-18

Ed

Please explain how it could be that EVs in China are not replacing oil use. Are you saying if these EVs had not been sold, the people being transported by them would not be being transported by oil powered cars?

olaf

I have to agree that at current sales the displacement of oil use is not fast enough. One million EV’s sold is only equal to about 20.000 barrels of oil per day displaced.

SJC

The world uses 100 million barrels of oil per DAY.

carcus

I’ll explain it:

China’s oil demand/consumption is not being replaced with anything. It keeps going up. Just like their coal demand/consumption.

carcus

The dilemma of bringing oil and/or coal to China is kind of like the dilemma of bringing beer and/or vodka to a frat party —
Q. What will they drink? A. Everything you got. (and then, somebody’s going to have to go out and get some more)

/even though they told you back in Paris that they weren’t going to drink at the party

Ed

But it would go up more if it wasn’t for these EVs. Unless you think that the alternative to an EV is no vehicle at all. Which I think would be unrealistic.

I don’t think you understand how demand and consumption works. Every EV sold will be replacing oil demand and consumption, assuming a car driving on petrol/diesel would have been bought instead. Consumption and demand would be higher if the EV sale didn’t happen, so no matter if the absolute level of demand and/or consumption goes up or down it is still not as high as if the EV sale would not have happened. Ergo the EV replaced oil demand/consumption.

It’s not that hard to understand…

carcus

“…assuming a car driving on petrol/diesel would have been bought instead. …”

Bad assumption.

Considering that China:
A. restricts the sale of petrol/diesel vehicles
and
B. heavily subsidizes the sale of electric vehicles

Understand what I’m saying?

No, it is not. The car segment in China would grow as much with or without EVs and the restrictions are mostly for some of the largest city centers and without a portion of permissions being granted for EVs they would have been granted for ICE’s.

windbourne

Almost. Basically, CHina’s car market is still growing. The Majority of car sales are NEW OWNERS, not replacing cars. So, adding EVs to China, is not about replacing cars, but about expanding ownership.

OTOH, The west has had our vehicles for a long time. In general, a new vehicle replaces an old vehicle. As such, each new EV sold in the west, combined with the much cleaner electricity, actually lowers CO2. China’s is only going to grow.

windbourne

Their car sales continue to grow. The EVs are NOT replacing oil based vehicles. They are ADDING to them. EVs sold in the west, are generally, about replacing oil base vehicles.

And as I pointed out in other posting, the EVs in China REALLY ARE COAL POWERED.

Your sinophobic posts never stop to amaze. You could just write USA = good, China = bad instead of wasting your time writing.

And the EVs are replacing oil based vehicles that would have been bought instead. Replacing some of the oil that would have been needed. Reducing the growth makes as much impact as anywhere else in the world.

China has a very high overcapacity of coal fired plants. They don’t need to build a single on to increase their coal use in them, they just to use the ones they have more.
China are building a lot of coal fired plants, almost all of them being ultra-supercritical replacements of old and extremely dirty and inefficient plants.
And that is actually a good thing for the local and global environment because even though they are building renewable and nuclear capacity like crazy it is still nowhere near enough to cover all demand and will not do so for a couple of decades at least.

Even so the coal power share of total generation has dropped a lot in the recent years and will continue to do so with some small bumps in the road as China continues to grow and will hit peak coal (should be with a few years) and peak electricity generation (might not happen in decades but should reach a plateau-like stage of stagnation within a decade as their electricity use per capita goes above EU levels and stops somewhere between EU and US (which is almost twice the EU use).

windbourne
uh no. Less than 1/3 of china’s new coal plants replace old ones. BUT, the real problem is that the new plants will not just simply be cleaner and produce more energy for the amount of coal that it burns, but all are designed to burn 2-3x as much COAL. The new plants are generally 5-6x the size of the plants they replace. However, the efficiency not quite doubled from about 35% up to high 50s. That should have less than doubled their electric output. BUT, instead, they added a great deal more capacity to burn more coal. With each new coal plant they add, they force the rest of the fleet to drop the amount of electricity they provide. At this time, China’s coal plants are running around 50% capacity or less. And with that, they are still providing close to 80% of China’s electricity. And no, china had about 85% coal at it is max. Now, they are around 78%. BUT, it is thought that the only reason why it dropped was not Chinese gov, but the simple fact that CHinese economy dropped for the last several years. Now, last year, the % of coal picked up and… Read more »
antrik

Decades? That’s a very pessimistic assumption. At the pace production of solar, wind, and batteries is growing, it’s hard to imagine anyone (unless totally corrupt) would see the need to be planning additional new coal plants as of today. (Beyond those already underway — though many of these have been cancelled too.) Much less a few years from now.

windbourne

Thank you.
So many ppl do NOT think about what is really going on. China is adding more and more coal plant capacity. In addition, at the same time, they are adding lots more nat gas power plants. What is interesting on that, is where are they getting the methane from? Conversion of coal into methane.

So, China’s coal REAL consumption, with associated CO2 is climbing like mad. And that is by design.
China’s goal is to quit importing oil. By moving to EVs, they hope to take over car market, but also destroy the oil companies, esp. Western oil companies.

Benz

@ windbourne

“China’s goal is to quit importing oil.”

That is possible.

But can Chinese oil companies deliver enough fuel (petrol, diesel, kerosene etc) to satisfy the demand for all their cars, ships and airplanes?

The goal is impressive, yes, but it might take a few decades to achieve that goal.

windbourne

No, their reason and alternative are not what you will want. Xi, and previous president, want to stop importing oil so they are not interdependent with the west.

And what china hopes to do, is switch to EVs, but powered by coal. And yes, coal, even in an efficient plant, is much worse than an efficient ICE car in terms of CO2.

antrik

Sure, if you compare a very efficient combustion car to a very inefficient EV running from very inefficient coal plants, the combustion car might win in terms of CO2. (Though not local pollution; and probably not total pollution either…) Comparing apples to apples though, an average EV will win over an average combustion car even when powered from average coal plants.

antrik

Sure, they are still adding fossil capacity… Starting from a level that is a fraction (per capita) of that in the US or even Europe.

Trackdaze

Nasty drought affecting hydro in the first half. All other generation types are overwhelming any new coal builds which will have trouble matching coal retirements.

Coal running at 50% capacity. at that point half are running at a loss.

windbourne

Nissan and BMW???? Seriously?

windbourne

BTW, the leaf’s total global sales is 303K. Of that, America is about 36-40% of those. Japan is about 1/3. And Europe is the rest. So, now, with the model 3 being sold in America, the leaf sales have dropped.
In fact, by end of year, Model 3 cumulative sales should be around 2/3 of the leaf’s cumulative global sales. And by end of 2019, I suspect that Model 3 will be in first place.

Geefish

Recent press release (in the last week) put total Leaf sales now at 348000. Not including September sales.

Doggydogworld

“…by end of year, Model 3 cumulative sales should be around 2/3 of the leaf’s cumulative global sales”

Closer to 1/3rd. You’re right about Model 3 moving ahead by YE19, though.

Geefish

I actually think it may take slightly longer given the current Leaf’s consistent world wide sales. Then there will be the impact of the larger battery Leaf sometime next year. There’s a lot of buzz on many forums about it. Apparently, according to a German Nissan Leaf fan site, dealers in Germany are accepting orders for the bigger battery version from sometime in October. I expect the model 3 to average 5000 per week for all of next year, 260000 in total. Not quite enough to pass the Leaf but pretty close.

windbourne

I don’t think so. I pointed out that America accounted for 36-40% of their sales for a reason. Leaf sales have dropped and that is without direct competition from Tesla. By next year, the 35k version of M3 should cause leaf to lose lots of sales, as long as Tesla has solved QA issues and others.

BTW, it is very doubtful that production will remain at 5K, even for this year. I suspect that by Dec, they will be at 8-10k/week just at Fremont.
By end of 2019, they should be close to .5m M3 / year.

If a nation in Europe is smart, they will provide land and an empty shell for Tesla to set up in. Ideally, they would even make cheap capex available. Regardless, with the robotics being in Germany, it would likely make that plant quickly grow and be exporting to other euro nations, as well as mid-east, Africa, maybe India.

Brian

Tesla has plans for a plant in Germany and china between them they will produce 1 million cars a yr. In Ireland the leaf is €28000. Tesla is about €100,000 .

windbourne

Oops. meant to say 1/2. Right now, M3 is over 50k. Over next 4 months, they will add ~ 100K.

Doggydogworld

So Tesla was #1 in worldwide EV sales in August!

And Model 3 is BY FAR the best-selling EV model in the world.

Benz

comment image

Looking at those green bars it does seem possible that BYD will sell more than 30,000 Plug-Ins in China in December 2018.

yo

yes it does…
especially considering BYD has a new version of their Qin and Song being released this month if I remember correctly…

And LOL those evil BYDers with no commitment to plugins use the same platform for their ICE, PHEV, and BEVs so they obviously have no commitment to plugins…

On a side note BYD who makes their own battery’s has a shortage of them according to one article I read but they have multiple new battery factories opening in the next couple of years…

antrik

In case you haven’t noticed, all of their BEV models that share a platform with PHEV models (Qin, Song) sell like s***. Only their dedicated BEV models (Yuan, e5) sell decently.

yo

LOL… the e5 is a Qin with slightly different front end and way downgraded interior that is aimed at Taxi drivers…
DOUBLE LOL… the Yuan has an ICE version that shares the same platform with the Yuan BEV…
http://www.bydauto.com.cn/

antrik

If that’s the case, I guess it explains why their BEVs sell relatively poorly compared to their PHEVs in general… That always puzzled me a bit.

antrik

No further increase in Yuan sales? That’s somewhat disappointing… Let’s hope it’s just temporary.

yo

I read elsewhere that BYD has a battery shortage so if that is true I would guess that they use the batteries they do have for the much higher priced Qin and Tang as opposed to the entry level Yuan…