In November, BYD achieved a new sales milestone, delivering 504,003 passenger vehicles—an impressive 67.2% increase from last year’s 301,378 units and a slight 0.7% rise from October. This marks the second consecutive month the company has surpassed half a million sales, setting a new monthly record.
By November 2024, BYD had sold 3,740,930 passenger vehicles, a 40% increase from the same period last year, surpassing its official 3.6 million target for the year. This growth includes new energy vehicles (NEVs) like BEVs and PHEVs, though the company doesn’t sell hydrogen FCEVs. BYD also stopped selling internal combustion engine (ICE) cars in April 2022.
In November, BYD’s overseas NEV sales hit 30,977 units, with 28,141 already exported. The company also installed around 22.47 GWh of EV and energy storage batteries, bringing its total installed capacity for 2024 to about 171.21 GWh.
BYD sales by fuel type
In November, BYD’s all-electric vehicle sales reversed a three-month decline in brand share, rising 1.4% to 39.3%. The company delivered 198,065 all-electric cars, marking a strong recovery.
In November, BYD’s plug-in hybrid vehicles (PHEVs) saw a slight dip in brand share, dropping to 60.7%, with 305,938 units delivered.
Sales vs Production
To sum it up, BYD sold 506,804 vehicles in October, including:
- Passenger NEVs: 504,003 units
- Commercial NEVs: 2,801 units
- Others: 2,352 units
- Buses: 449 units
- BEVs: 198,065 units
- PHEVs: 305,938 units
While it produced 540,588 vehicles, including:
- Passenger NEVs: 536,926 units
- BEVs: 208,859 units
- PHEVs: 328,067 units
- Commercial NEVs: 3,662 units
- Others: 3,213 units
- Buses: 449 units
