Chinese EV giant BYD posts 62% jump in 2023 vehicle sales

Chinese EV giant BYD posts 62% jump in 2023 vehicle sales

Reuters — 2024-01-01

Automotive Industry

China's BYD Co (002594.SZ), the world's biggest seller of battery electric vehicles (BEVs) and plug-in hybrids, sold about 3.02 m vehicles in 2023, an increase of 61.9%, it said on Monday 1 January.

The Shenzhen-based automaker said it sold about 1.6 m battery EVs as well as about 1.4 m plug-in hybrid EVs.

BYD said its battery and hybrid EV sales in December stood at 340,178 including 190,754 all-electric vehicles.