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BYD new energy PV sales in September skyrocket 121% year on year

Discussion in 'World Affairs' started by TaiShang, Oct 11, 2018.

  1. TaiShang

    TaiShang ELITE MEMBER

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    BYD new energy PV sales in September skyrocket 121% year on year

    Monika From Gasgoo| October 11 , 2018
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    Shanghai (Gasgoo)- Chinese automaker BYD Company Limited (BYD) said its sales reached 47,913 units in September and totaled 351,571 units for the first nine months. Its PV sales jumped 38% year on year (YoY) to 45,029 units among which 25,019 units were new energy PVs, a remarkable YoY jump of 121%.

    The sales of BYD's new energy PVs rose from 18,203 units in July to 25,019 units in September. For the first three quarters, the automaker saw its NEV sales aggregate 143,418 units, accounting for 40.79% of the total year-to-date (YTD) sales.

    With regard to the sales in September of each model, the sales of the all-new BYD Tang SUV amounted to 10,435 units and orders for the model has by far exceeded 35,000 units. The sales of the BYD Song MAX MPV reached 10,009 units, outnumbering 10,000 units for 11 consecutive months. The all-new BYD Song compact SUV and the Yuan EV360 SUV had sales of 6,303 units and 5,008 units respectively. Additionally, the deliveries of the BYD Qin and Qin pro totaled 6,076 units.

    It is expected that the automaker will see its NEV sales quickly climb onward with the capacity of the newly-launched all-new BYD Song and Qin Pro increasingly growing up. BYD reportedly plans to roll out such NEV products as the BYD Song MAX DM and the all-new Tang EV 500 before 2018 ends.

    http://autonews.gasgoo.com/china_news/70015243.html

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    BYD is becoming the Toyota of new energy vehicles.
     
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  2. oprih

    oprih FULL MEMBER

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    Nice, while China go green, america goes gray with trump's coal. Lol, trump will make americans choke again with the coal air.
     
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  3. Hamartia Antidote

    Hamartia Antidote ELITE MEMBER

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    Shhh!! Too bad the BYD Tang SUV and the BYD Song MAX MPV are not all-electric. They are gas-electric hybrids. But i know you don't want people to know that.

    For a company known for batteries you'd think they'd be all-electric like Tesla.
     
    Last edited: Oct 13, 2018
  4. TaiShang

    TaiShang ELITE MEMBER

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    Changan invests RMB 4.79 billion to set up NEV production base in Jiangsu

    Lydia From Gasgoo| October 11 , 2018

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    Shanghai (Gasgoo)- Local media learned from the Environmental Protection Department of Jiangsu Province that Changan Auto will set up a manufacturing base in the province to build new energy vehicles. The total annual capacity of the new base will be 240,000 units and the output of the first phase will be 120,000 per year.

    The automaker’s subsidiary in Nanjing will cover an area of 1.46 million square meters and the total investment is up to RMB 4.79 billion, of which RMB 3.47 billion is designated for the first phase. The base is slated to start production from 2020.

    Zhang Baolin, chairman of Changan Auto, once revealed that Changan will complete the building of three platforms exclusive for new energy vehicles before 2020. The Chongqing-based automaker plans to launch 21 battery electric vehicle models, 12 plug-in hybrid electric models by 2025.

    After the operation of the new base, Changan will make all-new compact electric cars, compact electric SUVs, high-performance electric coupe models and electric crossover SUVs. Currently, Changan has launched several new energy vehicle models such as Changan EADO EV, Changan CS75 PHEV.

    Last year, Changan announced its Shangri-La Plan and said that it will start to ban the sales of traditional fuel-powered vehicles in 2025 and invest RMB 100 billion in new energy vehicle segment.

    http://autonews.gasgoo.com/new_energy/70015244.html