BYD Plug-In Car Sales Increased to 174,000 Units in August 2022

Chinese electric vehicle giant BYD does not intend to slow down and increases production and sales of plug-in electric cars basically every month. A massive new record is now somewhat regular for BYD, which is expected to further increase its production volume.

According to the company’s report, BYD passenger plug-in car sales amounted to 173,977 units in August, which is staggering 188% more than a year ago and a new monthly record. That’s over 11,000 more units than in July and its 6th consecutive monthly record (14th record in the past 15 months) for BYD. Interestingly, the record has been achieved amid power constraints and new Covid outbreaks in China.

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According to BYD’s chairman and president Wang Chuanfu, the volume is expected to increase and might reach 280,000 units per month by the end of this year. In August BYD sold over 91,000 plug-in hybrid (PHEV) cars, which is over 3 times more than a year ago whereas pure battery electric vehicles (BEV) sales amounted to over 82,000 units. Furthermore, around 5,092 BYD plug-ins were exported, which is also a new record.

  • BEVs: 82,678 (up 172% year-over-year)
  • PHEVs: 91,299 (up 203% year-over-year)
  • Total: 173,977 (up 188% year-over-year)

So far this year, BYD has sold over 970,000 plug-in electric cars. Its plug-in sales year-to-date stands as:

  • BEVs: 487,189 (up 227% year-over-year)
  • PHEVs: 487,159 (up 335% year-over-year)
  • Total: 974,348 (up 274% year-over-year)

During the last 12 months, BYD sold 1.3 million plug-ins, while the cumulative number is almost 2.5 million. It is quite possible that in (full year) 2022, BYD will sell close to 2 million plug-ins. Keep in mind in 2021, the company sold 593,745 plug-in cars.

Related: BYD Becomes the Third Most Valuable Automaker Globally

Sales data indicate that many of the BYD models once again reached new monthly record levels. According to the numbers, 42,500 BYD Song (BEVs and PHEVs), 39,512 BYD Qin (BEVs and PHEVs), 26,003 BYD Han (BEVs and PHEVs), 23,469 BYD Dolphin, 18,265 BYD Yuan and 10,815 BYD Tang (BEVs and PHEVs) were sold in August. Besides passenger cars, BYD sold also some 938 commercial electric vehicles for a total of 174,915 plug-in vehicles last month.

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