Etiqueta: Sales

BYD (BYDDF) has set a new sales record in the second quarter, driven by price cuts, and is inching closer towards overtaking Tesla (TSLA) once again as the world's top EV seller.

China’s BYD has reported a 21 percent increase in electric vehicle (EV) sales for the second quarter, closing in on Tesla

China's BYD posted a 21 per cent rise in second-quarter electric vehicle sales, closing the gap with Tesla after handing back the world's top EV vendor title to the US rival in the first quarter, reports Reuters.  BYD sold 426,039 EVs in the April-June quarter, according to Reuters' calculati

02 Jul 2024 - BYD, the world's biggest maker of electrified vehicles, has revealed record sales for June and the second quarter. However, this growth occurred at a slowing pace, suggesting that China's electrified vehicle market is losing momentum.

BYD has launched three BEV models in Tunisia -- Tang EV, Dolphin and Atto 3, and two PHEV models -- King and Song Plus DM-i.

The company grows mostly thanks to plug-in hybrids.

The company's older lineup of vehicles is having a harder time keeping up with fresher offerings from rival electric car manufacturers

The Song and Qin families continue to be BYD's best-sellers. The Yuan family was the third best-selling BYD model in June, with 36,222 units sold.

BYD Co sold a record number of electric and hybrid cars in the second quarter (2Q), sales data compiled by Bloomberg News shows, as price cuts and new technology stoked consumers into purchases. China’s best-selling car brand sold nearly one million models over the period, solidifying a rebound after a slow start to the year. The sales were driven in part by the company’s move to reduce prices across most models earlier this year, sacrificing profitability, to target gasoline models made by foreign brands.

The Chinese ride-hailing app has acclimated remarkably well to local conditions, challenging simplistic narratives about the entry of Chinese companies into the region.