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BYD didn’t have the very best 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 subjects 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 signifies 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 awesome image for BYD taking a look at August. Nonetheless, a minimum of the corporate’s BEV gross sales are up. For extra nuance and insights, we’ll must lean on Larry Evans, who tracks the corporate higher than anybody I do know. Keep tuned for extra from him.
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