BYD says vehicle sales in H1 2019 edge up 1.59% thanks to NEV sales surge

Shanghai (Gasgoo)- BYD said on July 5 that its vehicle sales in the first half of 2019 edged up 1.59% year on year to 228,072 units, entirely thanks to the robust growth in year-to-date (YTD) sales of new energy vehicles (NEV).

During the first two quarters, the automaker saw its NEV sales skyrocket 94.5% to 145,653 units, counteracting the 44.91% slump falling on fuel-burning vehicle sales.

(Photo source: BYD's official WeChat account)

Among NEVs sold from January to June, PV sales surged 97.5% from a year ago to 140,761 units. Of that, PHEV sales edged down 5.16% over the previous year to 44,982 units, while BEV sales tremendously grew 301.76% to 95,779 units.

Regarding the sales performance in June, BYD sold a total of 38,735 vehicles with a year-on-year increase of 3.08% despite the 40.63% plunge for the fossil fuel-powered vehicle sales.

(Photo source: BYD's official WeChat account)

The June sales were still driven by NEV sales growth. The company said its NEV sales amounted to 26,571 units last month, compared with 17,088 vehicles sold in the same period a year earlier. Of that, PV sales vigorously jumped 146.43% to 18,864 units, but PHEV sales represented 19% year-on-year decrease to 6,985 units.

(Photo source: BYD's official WeChat account)

In June, sales of the BYD's Tang, Qin, Song and Yuan families reached 6,197 units, 7,397 units, 9,283 units and 6,566 units, making their year-to-date sales aggregate 49,361 units, 30,420 units, 56,796 units and 43,484 units respectively.

BYD also reported that the sales of the new e Series reached 3,823 units in June and totaled 6,229 units for the first half of the year. The Apr.-Jun. sales of the BYD e1 were 4,168 units, while the BYD S2 got a sales volume of 2,061 units in the first month it hit the market.