BYD Increased Plug-In Electric Car Sales In January By 1,371%
Last month, BYD sold some 7,151 plug-in electric cars in China, which is the new high for the automaker for the month of January.
Last January (2017) the Chinese market was hit by changes in approval for incentives, which killed sales. Therefore, the 7,151 sold by BYD last month is tremendous in terms of growth (+1,371%).
When we compare the 7,151 to January 2016, we see growth of just 30% over two years, which is not that much, especially not in China.
January results are rather odd too due to the lack of all-electric car sales.
BYD sales breakdown:
- Qin (PHEV) – 3,339
- Song (PHEV) – 2,681
- Tang (PHEV) – 1,089
- e6 – 29
- e5 – 13
Overall, BYD sold 42,159 cars last month, so the 7,151 plug-ins sold translates into 17% share.