BYD new-energy vehicle sales up 292% in Jan-July

0 Comment(s)Print E-mail Xinhua, August 4, 2022
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People visit the exhibition area of BYD, China's new energy vehicle (NEV) manufacturer, during the 19th China (Changchun) International Automobile Expo in Changchun, capital of northeast China's Jilin Province, July 15, 2022. [Photo/Xinhua]

China's leading new-energy vehicle (NEV) manufacturer BYD saw surging NEV sales growth in the first seven months of 2022 amid a market boom.

In a filing with the Shenzhen Stock Exchange on Wednesday night, the Shenzhen-based company said its sales of NEVs, including pure electric vehicles and plug-in hybrid electric vehicles, surged 292 percent year on year to 803,880 units in the January-July period.

In July alone, it sold 162,530 units, compared with 50,492 units in the same month a year ago.

BYD has ceased the production of traditional gasoline-powered vehicles starting since March.

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