BYD e6

BYD e6

According to BYD, sales of its plug-in electric vehicles checked in at ~ 7,600 units in the first half of 2014.  That's an impressive figure for sure and shows how serious BYD is when it comes to electric vehicles.

In fact, BYD controlled 37% of China's plug-in electric vehicle market during the first half of 2014 and was the #1 seller of vehicles with a plug in China.

BYD predicts sales of plug-in electric vehicles to increase more rapidly as China tweaks rules/laws to encourage greater EV adoption.

BYD Chairman Wang Chuanfu, stated:

"Given the challenging environment for traditional car sales, we would put more emphasis on our push to boost electric car sales by introducing more new models in the second half."

Those new models include the BYD-Daimler Denza EV and a PHEV SUV called Tang.

Source: Wall Street Journal