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BYD didn’t have the most effective month final month, with its total passenger automotive gross sales down 5.9% within the month 12 months over 12 months. That was its first month-to-month decline in fairly some time. Although, the excellent news is that the corporate’s full electrical car (BEV) gross sales did rise. They had been up 24.3% 12 months over 12 months in August. Beneath are charts (static and interactive) on these two matters earlier than we transfer on to a different.
Okay, so, what does that imply if BYD’s BEV gross sales are up fairly a bit however its total passenger car gross sales are down? That implies that plugin hybrids are down, by fairly a bit. They declined 25.6% in August in comparison with August 2024.
So, total, it’s not an excellent image for BYD taking a look at August. Nonetheless, at the least the corporate’s BEV gross sales are up. For extra nuance and insights, we’ll should lean on Larry Evans, who tracks the corporate higher than anybody I do know. Keep tuned for extra from him.
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