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"BYD Overtakes Tesla with Record 3 Million EV and Hybrid Sales in 2023"

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Source: CnEVPost
"BYD Overtakes Tesla with Record 3 Million EV and Hybrid Sales in 2023"
Photo: CnEVPost
TL;DR

BYD achieved a significant milestone by selling 3,024,417 new energy vehicles (NEVs) in 2023, meeting its target of 3 million units and marking a 62.3% increase year-on-year. The company saw a record 341,043 NEV sales in December alone, with a notable 70.41% increase in battery electric vehicles (BEVs) from the previous year. BYD's international sales also surged, with a 493.51% increase in overseas NEV sales for the year. The company has ceased production of internal combustion engine vehicles, focusing on BEVs and plug-in hybrids (PHEVs), and is rapidly expanding its global market share, catching up with Tesla in the BEV segment.

Topics:businessbusiness-and-finance##automotiveindustry#business-and-finance#byd#electricvehicles#nevsales#sustainabletransport
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  1. BYD sells record 341043 NEVs in Dec, reaches full-year 3 million target  CnEVPost
  2. China’s BYD Sold 3 Million Electric Vehicles and Hybrids in 2023  The New York Times
  3. BYD Posts Record Sales Quarter to Challenge Tesla at Own EV Game  Bloomberg
  4. Tesla Rival BYD Seizes Electric Vehicle Crown; China's Li Auto, XPeng Also Set Records  Investor's Business Daily
  5. Chinese carmaker overtakes Tesla as world's most popular EV maker  Stuff.co.nz

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