In October 2018 BYD Set 5th Straight Plug-In Electric Car Sales Record

NOV 10 2018 BY MARK KANE 11

BYD increased plug-in electric car sales every month since June 2018

In October 2018, sales of plug-in electric cars by BYD amounted in China to 26,066, which is a new record (over 1,000 more than in September) at an annual growth rate of 121%!

BYD managed to set five straight records for sales and we wouldn’t mind seeing further increases – maybe above 30,000 monthly by the end of this year?

Plug-in car sales for the second month in a row stand at 56% of total BYD car sales.

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

With 161,403 sales in China so far this year (up 102% year-over-year), BYD is on track to reach or even exceed the goal of 200,000 for 2018.

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

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:

  • Tang PHEV – 6,037 (4rd full month of second-generation and 2nd straight new record)
  • Yuan BEV – 5,803 (5th month on the market and 5th straight new record)
  • e5 – 4,460 (a new record)
  • Qin PHEV – 3,889 + 1,250 BEV
  • Song PHEV – 3,160 + 1,078 BEV
  • e6 – 389

PHEV and BEVs are selling similarly:

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

Categories: BYD, China, Sales

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11 Comments on "In October 2018 BYD Set 5th Straight Plug-In Electric Car Sales Record"

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Benz

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“With 161,403 sales in China so far this year (up 102% year-over-year), BYD is on track to reach or even exceed the goal of 200,000 for 2018.”

What will be the target for BYD in 2019?

Perhaps 400,000?

kimmi

Yep, their target is to double sales until 2020, so maybe 1 million by then.

yo

That depends on how soon BYD new battery factories come online…
I believe they have three being built right now…
And BYD the ONLY car company to make their own batteries has a battery shortage which is probably the only thing holding down the Yuan BEV sales…
BYD would probably rather sell high dollar Tangs than low dollar Yuans…

BYD’s annual battery capacity reached 16GWh by the end of 2017. As its planning goes, the automaker will see its battery capacity increase to 29GWh, 34GWh and 39GWh in 2018, 2019 and 2020 respectively.

http://autonews.gasgoo.com/china_news/70015075.html

antrik

That’s a huge increase for 2018, but fairly small increases for 2019 and 2020? Seems strange…

yo

Part of the 2018 increase might just be due to a change in battery chemistry they did late last year and early this year…

Even more interesting is that they are about to double their number of EV models. With the soon to come Tang BEV being my personal favorite.

yo

Plus two more options by the end of the year…
BEV version of the Tang
PHEV version of the Song Max (different than Song SUV) mini van

http://autonews.gasgoo.com/new_energy/70015350.html

yo

BYD will also be releasing multiple new BEVs at some point with lower priced options than their “Dynasty” series…

“BYD plans to build the “e” product matrix consisting of 8 EV models—the BYD S2, S3, S5, e1, e2, e3, e5 and e6, according to local media. This indicates that the automaker will roll out more new EV models in the future.”

http://autonews.gasgoo.com/new_energy/70015341.html

antrik

The BEV vs. PHEV graph misses the October figures…

Ross

I worked it out to be correct did you count the two models that are phev & bev?

antrik

I’m not sure what you are saying? The graph (last one in the article) literally misses the bar for October. (PHEVs should be roughly same as September, with BEVs virtually catching up, at only 106 units behind.)