BYD’s monthly auto sales once again surpass 100,000 units

Shanghai (Gasgoo)- BYD Company Limited (“BYD”) saw its monthly auto sales hit an all-time high of 106,042 units in April 2022, rocketing 134.43% year on year, while also climbing 1.11% month on month, the company announced earlier this week. It was also the second time for BYD to get a monthly sales volume of over 100,000 units.

The new vehicles sold last month were all new energy vehicles (NEVs) as BYD discontinued the production of oil-fueled vehicles in March. Compared to the year-ago period, the NEV sales in April reflected a 313.23% hike. The robust growth entirely flowed from the 321.33% year-over-year growth in the new energy passenger vehicle (NEPV) sales, which stood at 105,475 units. However, the sales of new energy commercial vehicle (NECV) sales in April were down by 9.71% from a year ago.

As for the year-to-date performance, BYD sold 397,420 vehicles in total, a 166.05% year-on-year spike. The NEV sales in the first four months shot up 387.94% over a year earlier to 392,371 units, including 390,212 PVs (+397.63%) and 2,159 CVs (+8% YoY).

With regard to the sales of models in April, the Han family recorded a sales volume of 13,421 units. Notably, the sales of the Han EV leapt 77.9% year over year. Meanwhile, the sales of the Tang, Qin, and Yuan families reached 10,131 units, 23,520 units, 15,168 units.

Destroyer 05; photo credit: BYD

Moreover, BYD also sold 12,040 Dolphin all-electric cars last month, a 14.7% month-on-month growth. As the first sedan model of BYD's Ocean network and the first model from the warship series, the Destroyer 05 (named “Quzhujian 05” in Chinese) had a sales volume of 2,040 units in April, jumping 38.2% compared to March, when the model was put onto the market.

On May 1, 2022, BYD saw the 200,000th BYD Han roll off the assembly line, the first China's own-brand sedan model to hit a cumulative production volume of 200,000 units and be priced over 200,000 yuan ($30,250).