Friday, January 21, 2022

BYD sold less electric cars than before the pandemic

Chinese carmaker BYD sold less electric passenger cars in the first six months of this year than the same period in 2019. This means they sold less now than before the coronavirus pandemic.

As many know BYD is backed by American billionaire Warren Buffett. The Company said Monday that it sold 20,016 all-electric passenger cars in June for a total of 93,440 units in the first half of the year — double the year-ago figure. This sounds impressive at first but that growth still fell short of sales of 95,779 all-electric passenger cars in the first six months of 2019.

Passenger car sales in China likely fell 14.9% in June from a year ago, the China Association of Automobile Manufacturers said Monday. Vehicle sales overall likely fell to 1.93 million units in June. This was a decline of 16.3% year-on-year and down 9.5% from the prior month, the association said.

The figures indicate China’s vehicle sales still rose over the last two years.

Based on the association’s estimate, data from Wind shows China would have sold 12.8 million vehicles in the first half of 2021. That’s up 24.8% from a year ago and above the 12.3 million units sold in the same period in 2019.

BYD’s overall vehicle sales of 246,689 units in the first half of the year exceeded the 228,072 units sold during the same period in 2019.

byd electric car
byd electric car

BYD announced in June it shipped 100 all-electric cars to Norway, the first batch of a planned 1,500 vehicles set for delivery to the country by the end of the year.

See also  BYD aiming to sell 1.2 Million Electric Vehicles next year

The automaker’s latest all-electric car sales also kept BYD well ahead of start-up rivals.

Nio delivered more than 41,900 electric cars during the first half of 2021.

However, Elon Musk’s Tesla remained a global leader in electric cars, delivering 201,250 vehicles in the second quarter alone.

Hi I'm Leanne. I'm a big fan of electric cars (drive a Model 3 myself) and support the movement to go electric! I hope you enjoy my Articles here on the website.
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