China’s EV maker BYD reports ~62% sales growth in 2023, exceeding 3 million units

Chinese language electrical car producer BYD (OTCPK:BYDDF) (OTCPK:BYDDY) has reported a major milestone, promoting roughly 3.02M autos in 2023, representing a rise of 61.9% Y/Y.

The gross sales comprise 1.6M battery-electric autos (BEVs) and roughly 1.4M plug-in hybrid electrical autos (PHEVs).

The firm bought 526,409 totally electrical autos in This fall, with EV and hybrid gross sales totaling 340,178 in December, together with 190,754 all-electric automobiles, pushed by aggressive end-of-year discounting.

BYD’s abroad gross sales of 36,095 new vitality passenger autos in December have been greater than triple the earlier 12 months’s gross sales, demonstrating the corporate’s sturdy worldwide market presence.