BYD Sets New Plug-In EV Sales Record In China For July

AUG 27 2016 BY MARK KANE 18

BYD plug-in electric car sales in China – July 2016

BYD plug-in electric car sales in China – July 2016

BYD Tang

BYD Tang

BYD set new plug-in electric car sales record in China at 10,132 vehicles sold, a number which is 100% more than a year ago!

Last month’s result is just slightly better than June’s, and also just past the previous record set in December (total sales of 10,053)…but a “win” is still a win, and heralds the start of a strong second half of 2016.

The question now is whether or not BYD will ever fall below 10,000 from now?  With such a high growth rate, 4 digit results may be a thing of the past. Perhaps an even better question would be, can the whole of US plug-in vehicle market stay ahead of BYD’s progress in China?

After the first seven months of 2016, BYD has already delivered over 53,000 plug-in cars. Last year at this point, the company was at less than 25,000.

BYD July sales breakdown:

  • Tang – 3,032
  • Qin – 2,756
  • Qin EV300 – 2,075
  • e5 – 1,358
  • e6 – 911

Source: chooseauto.com.cn

Categories: BYD, China, Sales

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18 Comments on "BYD Sets New Plug-In EV Sales Record In China For July"

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Miles

Is this lift off?? The rocket has launched. I hope so. We need to get rid of oil.

So…..does this mean BYD could set up online sales in North America with a full line of EVs January 2017 and beat everyone…

Ian,

I’ve spoken to BYD about this, and they do still plan to launch in the US at some point – but it is still a timing/how hot things are in China thing.

AFAIK, there is no immediate plans to do so in the next ~12 months/2017. I don’t think they see the value/margin in doing all the work to import the product if they are only going to sell a couple thousand (which would seem like a lot to us in North America). That stance is probably sensible.

BYD is looking at selling something close to 20,000 EVs/month in China at year’s end and growing from there.

Pushmi-Pullyu
Ian said: “So…..does this mean BYD could set up online sales in North America with a full line of EVs January 2017 and beat everyone…” There is a great disparity between quality in a car good enough to sell in China, and good enough to sell in First World countries such as the USA and Canada. I think it’s inevitable that sooner or later, Chinese auto makers will enter the U.S. market at the bottom end, just as Japanese auto makers did in the late ’70s and early ’80s. But BYD and other Chinese auto makers will have to make higher quality cars aimed specifically at the American market to do so. If you doubt there’s that much difference in quality, let me just re-post, verbatim, a comment made to InsideEVs once upon a time: ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ Vexar April 3, 2016 at 11:30 am I’ve driven the BYD electric sports utility vehicle (the e6) on a test track in the USA. It is roomy, the dashboard layout was extremely confusing, it had problems going 40mph, the sensor read-out was flickering with the numbers and on the far side of the car from me all the way over by the mirror, the… Read more »
Rich

Vexar’s experience sounds like a consumer nightmare. Hopefully, BYD will understand improving quality isn’t a short term profit loss, it’s a long term profit jackpot.

RexxSee

The e6 was their first attempt, just like the Tesla Roadster. It has flaws, but when I read Vexar’s comment in the real context back then, I was sure it was most BS. I don’t say the e6 is like a BMW, but I often find that we are full of prejudices toward foreign countries. China is a much larger, resourceful country than Japan. Japan was the first one to make cars for the US, then the Koreans. The auto market has evolved a lot in Asia, they have partnered with occidental car companies for a while, and I guess the new cars are much more ready for North-America and Europe that you might think.

It always takes us some time to aknowledge that those country (Japan, Taiwan, Korea..) do have evolved and don’t sell crap anymore. The same goes for China. I work with computers for a living and I have seen Chinese products going from crap to mostly high quality in 20 years.
Failing to see the evolution of the competitors is never good for business…

Rich

If I remember correctly, China reported 300K electrified vehicle sales in 2015 and was projecting 600K in 2016. Any word on how they’re tracking to this goal?
Based on 600K EV sales in 2016, I expected BYD’s number to be much larger.

Yogurt

I beleive they count NEVs (neighborhood EV) in those numbers…

Rich,

We are actually going to cover this topic either tomorrow or the next day (just working out the presentation/graphs now). But nutshell is they are on still on track.

Sales are very back-end loading in China (not unlike the US), and for far YTD they are up 123%.

Rich

Jay, thanks for the response. I look forward to reading the article.

No problemo,

I will say that I am procrastinating like nobody’s business today (just doing the minimum…its such a lovely Sunday outside, lol). So we won’t be getting it up today…tomorrow, I promise, (=

They of course count NEVs. That’s the whole idea.

But if you mean the local US expression for low speed non-highway capable vehicles then no, they are not counted towards that number.

What is counted to those numbers though are buses and truck.

Just counting cars then last year is was ~207k and will probably end up somewhere between 400k and 500k in 2016 depending on how massive the end of the year sales are.

Rich

Thanks for the insight.

RexxSee

Any electric is good. Even hybrids in a country with such difficulties to plug.

JustWilliamPDX

They were EV pioneers in the Chinese market, and it seems fair and reasonable that they should do well now that government subsidies are encouraging more widespread adoption. Industrial pollutants in industrial hubs there have reached terrifying levels, and any progress is a sign of hope.

That said, I don’t see them making significant inroads in Europe or the Americas any time soon.

Just_Chris

I sometimes break out in a cold sweat thinking about the future of ev’s – so much depends on tesla not going bust and Nissan/Renault not dropping the ball. I think a future without ev’s is unlikely but we could sit at 1% ish for a decade if the incentives drop off and there is a lack of progress……. Then I think of byd, and feel much better. If tesla go bust, the next offering from Nissan/Renault is a bit average and GM remain hell bent on low volume production of “halo” cars then byd could come in and really upset the apple cart. Just look at what they are doing with the buses.

As for the cars not being up to scratch I suggest fully charged episode on the e6 – http://youtu.be/waiE1eso0LE

That’s not to say early production models didn’t have QA issues but that really isn’t that uncommon for a new vehicle is it *cough* model X. Anyway, unless I am mistaken the e6 in fully charged was driving in London, the capital of a first world country. Yes, it is ugly and overpriced but both of those could change in a single model refresh.

Zach

Major market studies are saying that in order to meet new emission standards cars are going to have to electrify. That alone should provide a floor even if bad things happen to tesla.

Just_Chris

Emission standards can be softened, penalties for noncompliance reduced and the tests they rely on weakened. I don’t think it is likely to happen especially in the Europe where there are big problems in some cities but until the market has more competition and are offering cars that would sell without subsidies I still worry things could be delayed.