BYD boasts 45.32% YoY hike in Sept. new energy vehicle sales

Shanghai (Gasgoo)- Last month, BYD sold 42,183 new vehicles, representing a year-on-year growth of 3.57% and a month-on-month jump of 14.4%. For the first three quarters, the automaker saw its total sales slid 19.9% to 268,975 units.

The sales of oil-fueled vehicles shrank 17.55% over a year earlier in September, terminating a six-consecutive-month upward movement. However, BYD's year-to-date fuel-burning vehicle sales still rose 10.38% year over year to 158,034 units.

New energy vehicle (NEV) sales reached 19,881 units last month, surging 45.32% and 30.09% over the previous year and the previous month respectively. The decrease in Jan.-Sept. NEV sales was contracted to 42.4%, versus the 49.11% plunge in Jan.-Aug. volume.

Among the NEVs sold last month, 12,212 units were full-electric PVs, a year-on-year hike of 65.95% and a 29.72% leap compared to August.

(BYD Qin; photo source: BYD)

From the year-to-date angle, oil-fueled vehicle business still outperformed the NEV unit in terms of both YoY change and sales volume. It is due quite as much to the pandemic-induced impact and the NEV subsidy phase-out starting the second half of 2019.

(BYD Han EV, photo source: BYD)

The BYD Han, a heavyweight full-sized premium sedan model hitting the market in July, had a sales volume of 5,612 units in September, a remarkable month-over-month growth of 40.3%. Boasting BYD's “Blade Battery”, the Han EV's long-range pure electric version has a remarkable single-charge range of 605 kilometers (376 miles) based on the NEDC test cycle. Moreover, the Han comes with the latest version of BYD's DiPilot intelligent driving assistance system and Huawei's 5G technology.  

On September 16, the BYD Song PLUS went on sale, which is priced from 115,800 yuan ($17,300) to 143,800 yuan ($21,500). The new compact SUV is expected to gain more market share for BYD along with the BYD Song PRO and the BYD Tang.