BYD, China's Leading Electric Vehicle Maker, Achieves Record Monthly Sales of 230,000 Units in November

Over 200,000 Units Sold for 3 Consecutive Months
Exports Increase by 1115% Compared to Same Period Last Year
"Effect of Electric Vehicle Model Launch in European Market Last September"

Chinese automobile company BYD (比亞迪·BYD).

[Asia Economy Reporter Oh Gyumin] China's leading electric vehicle company BYD (比亞迪·BYD) set a record for the highest monthly sales in November.

According to Chinese local media Daily Economic News on the 3rd, BYD's production volume in November was 230,129 units, and sales volume was 230,427 units, representing increases of 133% and 137% respectively compared to the same period last year. This sales volume is the highest monthly record ever and marks the third consecutive month of surpassing 200,000 units in monthly sales.

The cumulative sales volume up to November this year reached 1,641,819 units, a 219% increase compared to the same period last year. The main driver of this year's sales was new energy passenger vehicles (electric vehicles, hybrid vehicles, hydrogen vehicles), which recorded sales of 1,622,781 units.

Exports also increased. BYD's exports in November were 12,318 units, and cumulative exports from January to November were 44,596 units, representing increases of 1115% and 268% respectively compared to the same period last year.

The sharp rise in November exports is attributed to BYD's full-scale entry into the European market by launching three electric vehicle models?'Han', 'Tang', and 'Yuan PLUS'?in the German market last September.

BYD announced in March that it would completely stop producing internal combustion engine vehicles and focus on new energy vehicles.

China Huayan Securities stated, "After BYD's announcement to stop internal combustion engine vehicles, sales exceeded 100,000 units, and since last September, sales have been stably over 200,000 units. The fourth quarter is the peak season for car sales, and with the easing of quarantine measures, production capacity is expected to improve, so December sales are expected to increase further."

This content was produced with the assistance of AI translation services.