Chinese EV maker BYD sees sales rise in June
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 (HK:1211) 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 (NIO), Li Auto (LI) and XPeng (XPEV) all reported rises in June deliveries compared with the prior-year period.
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07-01-24 2108ET
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