Etiqueta: Sales

According to its latest filing with the Hong Kong Stock Exchange, BYD produced 317,892 vehicles globally last month—a 0.9 per cent decline compared to July 2024.

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Chinese new energy vehicles (NEVs) giant BYD saw its sales figures in July flatten out compared to the same month last year. While the company's overall sales of 344,296 vehicles were up slightly by 0.56% year-over-year, they dropped by 10.01% from June.

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BYD Co.’s sales barely grew last month, raising doubts about whether the Chinese electric-vehicle maker will meet its annual target.

BEIJING (Reuters) -BYD's vehicle production fell 0.9% in July from a year earlier, ending a 16-month growth streak that has catapulted the Chinese automaker into the world's largest electric vehicle maker. BYD made 317,892 EVs and plug-in hybrids globally last month, down 0.9% in its first decline in more than a year, while sales edged up 0.6% to 344,296 vehicles, slowing sharply from a 12% increase in June, according to a monthly filing with the Hong Kong stock exchange. With electric car sales accounting for 41% of its more than 4 million vehicle sales last year, BYD has overtaken the U.S. EV specialist as the world's top EV seller.