BYD Company Limited released its production and sales bulletin for December 2024, reporting sales of New energy automobiles reaching 514,809 units, a year-on-year increase of 50.95%. The total sales for the year amounted to 4,272,145 units, reflecting a year-on-year growth of 41.26%. Among these, Passenger Vehicle sales accounted for the major share, reaching 509,440 units, with plug-in hybrid models performing particularly well, achieving sales of 301,706 units.In the segmented market, the sales of pure electric models were 207,734 units, while the sales of plug-in hybrid models reached 301,706 units, representing year-on-year increases of 8.90% and 102.05%, respectively. Notably, the company's expansion in overseas markets has shown significant results, with overseas sales of New energy Passenger Vehicles reaching 57,154 units in December. Additionally...Show More

BYD Company Limited released its production and sales bulletin for December 2024, reporting sales of New energy automobiles reaching 514,809 units, a year-on-year increase of 50.95%. The total sales for the year amounted to 4,272,145 units, reflecting a year-on-year growth of 41.26%. Among these, Passenger Vehicle sales accounted for the major share, reaching 509,440 units, with plug-in hybrid models performing particularly well, achieving sales of 301,706 units.In the segmented market, the sales of pure electric models were 207,734 units, while the sales of plug-in hybrid models reached 301,706 units, representing year-on-year increases of 8.90% and 102.05%, respectively. Notably, the company's expansion in overseas markets has shown significant results, with overseas sales of New energy Passenger Vehicles reaching 57,154 units in December. Additionally, the company continues to make progress in the Battery sector, with a total installed capacity of approximately 23.495 GWh for New energy vehicle power batteries and energy storage batteries in December, bringing the cumulative installed capacity for 2024 to 194.705 GWh.BYD's strong performance in the New energy vehicle market, especially the substantial increase in sales of plug-in hybrid models, reflects the company's success in product strategy and market positioning. The steady growth in overseas sales also indicates progress in the company's international strategy. However, the growth rate of pure electric model sales is relatively slow, potentially facing fiercer market competition. The company's ongoing investment in the Battery sector is expected to provide further support for future development.