BYD’s auto sales in 2021 rise 73.34% YoY thanks to NEV sales surge

Shanghai (Gasgoo)- BYD Company Limited (BYD) announced its full-year auto sales in 2021 reached 740,131 units, surging 73.34% from the previous year. Notably, new energy vehicles (NEVs) accounted for 81.6% of total vehicle sales.

The remarkable growth was entirely thanks to the 218.3% surge in yearly new energy vehicle (NEV) sales, which successfully offset the 42.54% drop confronting BYD's oil-fueled vehicle business.

Of the NEVs sold last year, 593,745 units were passenger vehicles (PVs), representing a 231.6% leap from a year ago. The PHEV segment was outsold by the BEV, while it boasted a much higher year-over-year growth than that of the latter.

BYD Qin PLUS DM-i; photo credit: BYD

In December, BYD saw its monthly sales zoom up 75.97% from a year earlier to 99,112 units thanks to the blooming rise in NEV sales. However, the Dec. oil-fueled vehicle sales tumbled 81.2% to only 5,167 units.

Regarding specific models, the sales of the BYD Han reached 13,701 units in Dec., resulting in 117,665 units in the full-year sales volume. The annual sales of the BYD Tang family amounted to 54,204 units, 9,000 units were sold last month. Besides, the Song, Qin, and Yuan families recorded 200,870 units, 194,220 units, and 41,402 units in full-year sales respectively.

The company also announced 38,350-unit annual sales volume for its BEV-dedicated e series, 4,160 of which were sold in December.

BYD Dolphin; photo credit: BYD

Last month, the sales of the BYD Dolphin, the first model riding on the BYD e-platform 3.0, stood at 10,016 units, up by 13.7% month on month. Cumulative sales of the model reached 29,598 units.