After a weak February, BYD returned to form in March and set a very strong plug-in electric car sales result—its second- best ever. BYD's passenger plug-in car sales amounted to 301,631 units last month—including almost 15,000 EVs from its sub-brands. That's 46% more than a year ago, which suggests that BYD will continue the growth this year.
BYD's all-electric car sales in Q1 slightly exceeded 300,000, which indicates that the company will be significantly behind Tesla . BYD passenger plug-in car sales year-to-date : BEVs: 300,114 PHEVs: 324,284 Total: 624,398 For reference, in 2023, BYD sold over 3.0 million passenger plug-in electric cars, which was 62% more than in 2022. In 2023, BYD became the largest Chinese carmaker and the largest car brand in China.
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