BYD Global Plug-In Car Sales Increased 49% In April 2024

By automotive-mag.com 3 Min Read

BYD continued to increase its global plug-in electric car sales quickly in April, achieving a new second-best-ever monthly result and approaching the record set in December 2023.

BYD’s passenger plug-in car sales amounted to 312,048 units last month, including over 14,000 EVs from its sub-brands. That’s 49% more than a year ago.

BYD’s all-electric car sales in April amounted to 134,465, up 29% year-over-year. It’s not a bad result, but growth isn’t as spectacular as in the case of plug-in hybrids.

Last month, the Chinese manufacturer sold 177,583 PHEVs, significantly more than BEVs, achieving a 69% year-over-year increase.

BYD passenger plug-in car sales last month (YOY change):

  • BEVs: 134,465 (up 29%)
  • PHEVs: 177,583 (up 69%)
  • Total: 312,048 (up 49%)

BYD also sold 1,197 commercial electric vehicles for a total of 313,245 plug-in vehicles last month.

Out of the total number, 41,011 BYD plug-ins were sold overseas (13% of the total volume). This is a new record with a massive 177% year-over-year growth rate. Exporting from China appears to be BYD’s main focus right now.

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So far this year, BYD has sold over 936,000 passenger plug-in electric cars, 24% more than a year ago.

BYD passenger plug-in car sales year-to-date (YOY change):

  • BEVs: 434,579 (up 18%)
  • PHEVs: 501,867 (up 29%)
  • Total: 936,446 (up 24%)

For reference, in 2023, BYD sold over 3.0 million passenger plug-in electric cars, 62% more than in 2022. In 2023, BYD became the largest Chinese carmaker and car brand. In 2024, the company intends to achieve an average growth rate of over 20%.

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The top nameplate in BYD’s lineup last month was—as usual, without any surprise—the Song family, with 80,860 units sold (mostly plug-in hybrids). That’s a 126% increase year over year.

The second most popular family is the BYD Qin sedan, with 51,170 units (BEV + PHEV), up 21% year-over-year.

The third most popular model was the tiny BYD Seagull, an entry-level all-electric model with 34,832 sales. The all-electric BYD Yuan family was behind with 34,701 units, down 11% year-over-year.

The plug-in hybrid BYD Destroyer 05, which had 32,800 plug-ins, was also very strong, which contributed to the outstanding growth of PHEVs in April.

 

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