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BYD Sales Rose in June

Provided by Dow Jones

Jul 2, 2024 12:51am

By Amanda Lee

Chinese electric-vehicle maker BYD sold 341,658 vehicles in June, up 3% from May and 35% higher from a year ago.

Warren Buffett-backed BYD said late Monday that it sold 341,658 vehicles during June, compared with 331,817 a month earlier and 253,046 in June 2023.

Sales of all-battery EVs in June rose 13% from a year earlier to 145,179 units, while those for plug-in hybrid EVs expanded 58% to 195,032 vehicles.

Exports of passenger vehicles came in at 26,995 units, down 28% from May.

Year to date, total vehicle sales were 28% higher at 1,612,983 units.

BYD's monthly gains came after rivals Nio, Li Auto and XPeng all reported rises in June deliveries compared with the prior-year period.

Write to Amanda Lee at amanda.lee@wsj.com

(END) Dow Jones Newswires

July 01, 2024 20:51 ET (00:51 GMT)

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