Shocking the No. 1 car sales in China, BYD sold 170,000 green cars in August

Today, BYD released the August sales report. The data shows that the sales of new energy vehicles in August were 174,900, compared with 61,400 in the same period last year; the cumulative sales in the first eight months were 978,800, a year-on-year increase of 267.31%. For comparison, in July this year, BYD’s new energy sales were 158,900 units, overwhelming FAW-Volkswagen to become the top-selling car in China.

At the same time, BYD has officially stopped the production of fuel vehicles. This also means that all the passenger cars BYD sells are “green-licensed cars”.

According to data disclosed by BYD, in August, the sales of pure electric passenger cars were 82,678; the sales of plug-in hybrid models were 91,299, a record high.

In addition, in the recent BYD earnings conference call, Wang Chuanfu revealed that BYD has 700,000 orders in hand, and the delivery cycle for new cars is 4-5 months. By the end of this year, it will strive for 280,000 monthly deliveries.

At that time, BYD will firmly win the status of China’s top auto sales manufacturer, and widen the gap with the second place.

In terms of market development expectations, Wang Chuanfu believes that in 2023, the sales volume of new energy in China’s entire market is expected to be 9-10 million units, while BYD’s vehicle plan is 4 million units.

Article source: Fast Technology

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