Plug-ins now account for just 26% of total BYD's passenger car sales in China.

In November, BYD managed to sell 10,675 plug-in electric cars in China, which is the worst result in 21 months and 63% less than a year ago.

The demand significantly declined since July, when the Chinese government significantly limited New Energy Vehicle incentives.

BYD's sales decline (year-over-year):

  • July: down 12%
  • August: down 23%
  • September: down 48%
  • October: down 54%
  • November: down 63%

After 11 months of 2019, BYD sold over 208,000 plug-in electric cars in China - 10 more than in 2018, but it will be difficult to sell over 18,500 in December to beat 2018's total result of 227,152.

BYD plug-in electric car sales in China – November 2019

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BYD sales breakdown

The Chinese manufacturer is experiencing especially rough times with the PHEVs:

  • BEVs: 7,375 (down 52%)
  • PHEVs: 2,675 (down 80%)
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Models

  • Qin BEV – 2,443
  • Yuan BEV – 2,412
  • e2 - 1,524
  • Song PHEV – 1,094
  • Tang PHEV – 1,026
  • e3 - 625
  • Song BEV – 479
  • Qin PHEV – 364
  • e1 - 292
  • Song MAX PHEV - 191
  • e5 – 121
  • Tang BEV - 104
  • S2 - 0

Overall BYD sales look scary these days: