BYD Song Plus

Image credit: BYD

BYD’s Sales Transition: Clearing Out the Old to Make Way for the New in China

Overall, BYD’s sales are driven by product. New product is taking over while older product falls back. While Black PR has likely had some temporary effect, strong product tends to overcome it in the long term. Last year, BYD had stronger PHEV product introductions and sales. This year, BEV has had stronger product introductions and sales. It is hard to be sure what next year will bring. More effort might go to product for outside markets, with growth shifting accordingly. But with over 120,000 R&D engineers and more EV intellectual property than anyone, I would bet that the long-term “peak” is a far down the road.

Image courtesy of BYD

BYD Launches Han BEV, Song PLUS DM-i, And Destroyer 05 PHEV In Uzbekistan

In February of last year, BYD Auto Industry Co Ltd (BYD) and UZAVTOSANOAT JSC (UzAuto) signed a strategic Memorandum of Understanding (MOU) to develop, produce, and popularize “new energy vehicles” (NEV) in Uzbekistan. UzAuto is the largest and only manufacturer in Central Asia to offer a full range of vehicles. … [continued]

Electric Car Sales: Global Top 20

Global plugin vehicle registrations were up 55% in May 2022 compared to May 2021. With the China covid lockdown effects easing, sales have recovered most of their previous pace, reaching 699,000 registrations last month. That represents 12% share of the overall auto market (8.6% BEV share). Considering the steep drops … [continued]