BYD Achieves The Unthinkable: 50% Of Sales Are Plug-Ins
BYD isn’t wasting its time.
The automaker is increasing plug-in car sales by as much as possible and achieved yet another monthly record, improving June’s result by almost 2,000.
In July, the Chinese manufacturer sold a record number of 18,203 plug-in electric cars, which is 62% more than a year ago.
Because sales of conventional models decreased, the share of New Energy Cars in BYD’s overall result is now at a record high of 50%.
With 89,473 sales in the first seven months of 2018, BYD has five months to reach its goal of at least 200,000 sales in 2018.
BYD offers six plug-in models. Two of those models are available in both BEV and PHEV versions, so total eight.
The bulk of the growth comes from all-new all-electric Yuan, which in its second month on the market reached 4,174 sales. The other strong model is second-generation Tang PHEV SUV, which found 3,551 sales in first full month.
Later this year BYD should exceed 20,000 sales a month.
BYD sales breakdown:
- Yuan BEV – 4,174 (second month on the market and new record)
- Qin PHEV – 4,068 + 551 BEV
- Tang PHEV – 3,551 (first full month of second-generation)
- e5 – 3,056
- Song PHEV – 2,408 + 108 BEV
- e6 – 287