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BYD Sales Up 36.5% in 2024 — Charts - CleanTechnica

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Or follow us on Google News! BYD is the clear electric vehicle winner of the year so far. While Tesla&#8217;s sales have stagnated, BYD sales are up, up, up. We&#8217;ve been writing about its growth in various ways as big ... 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hentry category-clean-transport-2 category-cleantechnica-2 category-cleantechnica-exclusive category-cleantechnica-reports category-electric-cars category-electric-vehicles category-hybrid-electric-vehicles category-phev tag-byd tag-byd-sales tag-ev-sales"> <div class="cm-featured-image"> <img width="800" height="445" src="https://cleantechnica.com/wp-content/uploads/2024/11/New-BYD-New-Energy-Vehicle-Sales-logo-800x445.png" class="attachment-colormag-featured-image size-colormag-featured-image wp-post-image" alt="" decoding="async" srcset="https://cleantechnica.com/wp-content/uploads/2024/11/New-BYD-New-Energy-Vehicle-Sales-logo-800x445.png 800w, https://cleantechnica.com/wp-content/uploads/2024/11/New-BYD-New-Energy-Vehicle-Sales-logo-400x223.png 400w, https://cleantechnica.com/wp-content/uploads/2024/11/New-BYD-New-Energy-Vehicle-Sales-logo-768x427.png 768w, https://cleantechnica.com/wp-content/uploads/2024/11/New-BYD-New-Energy-Vehicle-Sales-logo-1536x854.png 1536w, https://cleantechnica.com/wp-content/uploads/2024/11/New-BYD-New-Energy-Vehicle-Sales-logo.png 1600w" sizes="(max-width: 800px) 100vw, 800px" /> </div> <div class="cm-post-content"> <header class="cm-entry-header"> <h1 class="cm-entry-title"> BYD Sales Up 36.5% in 2024 — Charts </h1> </header> <div class="cm-below-entry-meta human-diff-time"><span class="cm-post-date"><a href="https://cleantechnica.com/2024/11/13/byd-sales-up-36-5-in-2024-charts/" title="8:34 pm" rel="bookmark"><svg class="cm-icon cm-icon--calendar-fill" xmlns="http://www.w3.org/2000/svg" viewBox="0 0 24 24"><path d="M21.1 6.6v1.6c0 .6-.4 1-1 1H3.9c-.6 0-1-.4-1-1V6.6c0-1.5 1.3-2.8 2.8-2.8h1.7V3c0-.6.4-1 1-1s1 .4 1 1v.8h5.2V3c0-.6.4-1 1-1s1 .4 1 1v.8h1.7c1.5 0 2.8 1.3 2.8 2.8zm-1 4.6H3.9c-.6 0-1 .4-1 1v7c0 1.5 1.3 2.8 2.8 2.8h12.6c1.5 0 2.8-1.3 2.8-2.8v-7c0-.6-.4-1-1-1z"></path></svg> <time class="entry-date published updated" datetime="2024-11-13T20:34:53-05:00">November 13, 2024</time></a></span><span class="cm-post-date human-diff-time-display">1 week ago</span> <span class="cm-author cm-vcard"> <svg class="cm-icon cm-icon--user" xmlns="http://www.w3.org/2000/svg" viewBox="0 0 24 24"><path d="M7 7c0-2.8 2.2-5 5-5s5 2.2 5 5-2.2 5-5 5-5-2.2-5-5zm9 7H8c-2.8 0-5 2.2-5 5v2c0 .6.4 1 1 1h16c.6 0 1-.4 1-1v-2c0-2.8-2.2-5-5-5z"></path></svg> <a class="url fn n" href="https://cleantechnica.com/author/zshahan/" title="Zachary Shahan" > Zachary Shahan </a> </span> <span class="cm-comments-link"> <a href="https://cleantechnica.com/2024/11/13/byd-sales-up-36-5-in-2024-charts/#respond"><span class="dsq-postid" data-dsqidentifier="343442 https://cleantechnica.com/?p=343442"><svg class="cm-icon cm-icon--comment" xmlns="http://www.w3.org/2000/svg" viewBox="0 0 24 24"><path d="M22 5v10c0 1.7-1.3 3-3 3H7.4l-3.7 3.7c-.2.2-.4.3-.7.3-.1 0-.3 0-.4-.1-.4-.1-.6-.5-.6-.9V5c0-1.7 1.3-3 3-3h14c1.7 0 3 1.3 3 3z"></path></svg> 0 Comments</span></a> </span> </div> <div class="cm-entry-summary"> <div class="afterpost"></div> <br><br><center><a href="https://cleantechnica.fundjournalism.org/contribute/" target="_blank"><img decoding="async" src="https://cleantechnica.com/wp-content/uploads/2024/11/Screen-Shot-2024-11-22-at-11.08.15-AM.png"></a></center><br><br><em>Sign up for <a href="https://mailchi.mp/cleantechnica/daily-newsletter">daily news updates from CleanTechnica</a> on email. Or <a href="https://news.google.com/publications/CAAqLQgKIidDQklTRndnTWFoTUtFV05zWldGdWRHVmphRzVwWTJFdVkyOXRLQUFQAQ">follow us on Google News</a>!</em> <hr /> <p>BYD is the clear electric vehicle winner of the year so far. While Tesla&#8217;s sales have stagnated, BYD sales are up, up, <em>up</em>. We&#8217;ve been writing about its growth in various ways as big news comes out, but I decided to jump into BYD&#8217;s monthly sales reports to create some charts that visualize what&#8217;s been happening this year, and also this year compared to last year in the same time period.</p> <p><a href="https://cleantechnica.com/wp-content/uploads/2024/11/BYD-New-Energy-Vehicle-Sales-logo.png"><img decoding="async" class="aligncenter size-full wp-image-343443" src="https://cleantechnica.com/wp-content/uploads/2024/11/BYD-New-Energy-Vehicle-Sales-logo.png" alt="" width="3240" height="1820" srcset="https://cleantechnica.com/wp-content/uploads/2024/11/BYD-New-Energy-Vehicle-Sales-logo.png 3240w, https://cleantechnica.com/wp-content/uploads/2024/11/BYD-New-Energy-Vehicle-Sales-logo-400x225.png 400w, https://cleantechnica.com/wp-content/uploads/2024/11/BYD-New-Energy-Vehicle-Sales-logo-800x449.png 800w, https://cleantechnica.com/wp-content/uploads/2024/11/BYD-New-Energy-Vehicle-Sales-logo-768x431.png 768w, https://cleantechnica.com/wp-content/uploads/2024/11/BYD-New-Energy-Vehicle-Sales-logo-1536x863.png 1536w, https://cleantechnica.com/wp-content/uploads/2024/11/BYD-New-Energy-Vehicle-Sales-logo-2048x1150.png 2048w" sizes="(max-width: 3240px) 100vw, 3240px" /></a></p> <p>Let&#8217;s start with new energy vehicles overall — that&#8217;s full electrics (BEVs) plus plugin hybrids (PHEVs). And note this article is only about passenger vehicles — <a href="https://cleantechnica.com/2024/11/12/byd-commercial-vehicle-sales-up-49/">I covered BYD buses and commercial vehicles here</a>. As you can see in the charts above, BYD new energy vehicle (NEV) sales climbed steadily in the first 10 months of 2023, but started very poorly in the first two months of this year (it was a countrywide issue), then climbed slowly, and then shot up in sales in the past three months. We&#8217;ll see what happens to close out the year, but expectations are high.</p> <p>Overall, BYD&#8217;s NEV sales in the first 10 months of the year are up 36.5% compared to the first 10 months of 2023.</p> <p><a href="https://cleantechnica.com/wp-content/uploads/2024/11/BYD-BEV-Sales-logo.png"><img decoding="async" class="aligncenter size-full wp-image-343444" src="https://cleantechnica.com/wp-content/uploads/2024/11/BYD-BEV-Sales-logo.png" alt="" width="3240" height="1820" srcset="https://cleantechnica.com/wp-content/uploads/2024/11/BYD-BEV-Sales-logo.png 3240w, https://cleantechnica.com/wp-content/uploads/2024/11/BYD-BEV-Sales-logo-400x225.png 400w, https://cleantechnica.com/wp-content/uploads/2024/11/BYD-BEV-Sales-logo-800x449.png 800w, https://cleantechnica.com/wp-content/uploads/2024/11/BYD-BEV-Sales-logo-768x431.png 768w, https://cleantechnica.com/wp-content/uploads/2024/11/BYD-BEV-Sales-logo-1536x863.png 1536w, https://cleantechnica.com/wp-content/uploads/2024/11/BYD-BEV-Sales-logo-2048x1150.png 2048w" sizes="(max-width: 3240px) 100vw, 3240px" /></a></p> <p>Looking just at full electric vehicles (BEVs), it&#8217;s a similar trend. You don&#8217;t see the same increase in sales in the second half of the year that you see with NEVs overall, but there is significant improvement in October. Overall, in the first 10 months of 2024, BEV sales were up 12% compared to the same period in 2023.</p> <p><a href="https://cleantechnica.com/wp-content/uploads/2024/11/BYD-PHEV-Sales-logo.png"><img loading="lazy" decoding="async" class="aligncenter size-full wp-image-343446" src="https://cleantechnica.com/wp-content/uploads/2024/11/BYD-PHEV-Sales-logo.png" alt="" width="3240" height="1820" srcset="https://cleantechnica.com/wp-content/uploads/2024/11/BYD-PHEV-Sales-logo.png 3240w, https://cleantechnica.com/wp-content/uploads/2024/11/BYD-PHEV-Sales-logo-400x225.png 400w, https://cleantechnica.com/wp-content/uploads/2024/11/BYD-PHEV-Sales-logo-800x449.png 800w, https://cleantechnica.com/wp-content/uploads/2024/11/BYD-PHEV-Sales-logo-768x431.png 768w, https://cleantechnica.com/wp-content/uploads/2024/11/BYD-PHEV-Sales-logo-1536x863.png 1536w, https://cleantechnica.com/wp-content/uploads/2024/11/BYD-PHEV-Sales-logo-2048x1150.png 2048w" sizes="(max-width: 3240px) 100vw, 3240px" /></a></p> <p>Naturally, what that means is PHEV sales are up a <em>lot</em> this year. As you can see in this third chart, that&#8217;s obvious! While PHEV sales grew quite slowly in the first 10 months of 2023, after that blip during the Chinese New Year in January and February, PHEV sales shot up in 2024 and really soared in the past couple of months. PHEVs are having a rockin&#8217; year.</p> <p>Overall, BYD&#8217;s PHEV sales increased 62% in January–October of 2024 compared to January–October of 2023.</p> <p><a href="https://cleantechnica.com/wp-content/uploads/2024/11/BYD-electric-passenger-vehicle-sales-monthly-trio-logo.png"><img loading="lazy" decoding="async" class="aligncenter size-full wp-image-343445" src="https://cleantechnica.com/wp-content/uploads/2024/11/BYD-electric-passenger-vehicle-sales-monthly-trio-logo.png" alt="" width="2440" height="1376" srcset="https://cleantechnica.com/wp-content/uploads/2024/11/BYD-electric-passenger-vehicle-sales-monthly-trio-logo.png 2440w, https://cleantechnica.com/wp-content/uploads/2024/11/BYD-electric-passenger-vehicle-sales-monthly-trio-logo-400x226.png 400w, https://cleantechnica.com/wp-content/uploads/2024/11/BYD-electric-passenger-vehicle-sales-monthly-trio-logo-800x451.png 800w, https://cleantechnica.com/wp-content/uploads/2024/11/BYD-electric-passenger-vehicle-sales-monthly-trio-logo-768x433.png 768w, https://cleantechnica.com/wp-content/uploads/2024/11/BYD-electric-passenger-vehicle-sales-monthly-trio-logo-1536x866.png 1536w, https://cleantechnica.com/wp-content/uploads/2024/11/BYD-electric-passenger-vehicle-sales-monthly-trio-logo-2048x1155.png 2048w" sizes="(max-width: 2440px) 100vw, 2440px" /></a></p> <p>This final chart lets you see those three in one place and at one scale. We can see that PHEV sales have become a bigger portion of BYD sales, and have been the key driving force behind BYD&#8217;s rapid growth recently.</p> <p>We&#8217;ll see how the year ends and what 2025 brings. Any predictions?</p> <div class="afterpost"> <a href="https://us02web.zoom.us/webinar/register/WN_MeDGU4YrRS6WbBuGDbaZjg" target="_blank"><img decoding="async" src="https://cleantechnica.com/wp-content/uploads/2024/11/Screen-Shot-2024-11-22-at-5.23.40-PM.png"></a> <hr /> <strong><em>Chip in a few dollars a month to <a href="https://cleantechnica.fundjournalism.org/contribute/">help support independent cleantech coverage</a> that helps to accelerate the cleantech revolution!</em></strong> <hr /> <em>Have a tip for CleanTechnica? Want to advertise? 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He spends most of his time here on <em>CleanTechnica</em> as its director, chief editor, and CEO. Zach is recognized globally as an electric vehicle, solar energy, and energy storage expert. He has presented about cleantech at conferences in India, the UAE, Ukraine, Poland, Germany, the Netherlands, the USA, Canada, and Curaçao. Zach has long-term investments in Tesla [TSLA], NIO [NIO], Xpeng [XPEV], Ford [F], ChargePoint [CHPT], Amazon [AMZN], Piedmont Lithium [PLL], Lithium Americas [LAC], Albemarle Corporation [ALB], Nouveau Monde Graphite [NMGRF], Talon Metals [TLOFF], Arclight Clean Transition Corp [ACTC], and Starbucks [SBUX]. But he does not offer (explicitly or implicitly) investment advice of any sort.</p> <p class="author-url"> Zachary Shahan has 7770 posts and counting. <a href="https://cleantechnica.com/author/zshahan/"> See all posts by Zachary Shahan </a> </p> </div> <div class="author-img"><img alt='' src='https://secure.gravatar.com/avatar/3af65bafd82ab5c33087e1e70a5d2e62?s=100&#038;d=mm&#038;r=g' srcset='https://secure.gravatar.com/avatar/3af65bafd82ab5c33087e1e70a5d2e62?s=200&#038;d=mm&#038;r=g 2x' class='avatar avatar-100 photo' height='100' width='100' loading='lazy' decoding='async'/></div> </div> <div id="disqus_thread"></div> <script> var embedVars = {"disqusConfig":{"integration":"wordpress 3.1.2"},"disqusIdentifier":"343442 https:\/\/cleantechnica.com\/?p=343442","disqusShortname":"im-cleantechnica","disqusTitle":"BYD Sales Up 36.5% in 2024 \u2014 Charts","disqusUrl":"https:\/\/cleantechnica.com\/2024\/11\/13\/byd-sales-up-36-5-in-2024-charts\/","postId":343442}; var disqus_url = embedVars.disqusUrl; var disqus_identifier = embedVars.disqusIdentifier; var disqus_container_id = 'disqus_thread'; var disqus_shortname = embedVars.disqusShortname; var disqus_title = embedVars.disqusTitle; var disqus_config_custom = window.disqus_config; var disqus_config = function () { /* All currently supported events: onReady: fires when everything is ready, onNewComment: fires when a new comment is posted, onIdentify: fires when user is authenticated */ var dsqConfig = embedVars.disqusConfig; this.page.integration = dsqConfig.integration; this.page.remote_auth_s3 = dsqConfig.remote_auth_s3; this.page.api_key = dsqConfig.api_key; this.sso = dsqConfig.sso; this.language = dsqConfig.language; if (disqus_config_custom) disqus_config_custom.call(this); }; (function() { // Adds the disqus_thread id to the comment section if site is using a WP block theme var commentsBlock = document.querySelector('.wp-block-comments'); if (commentsBlock) { commentsBlock.id = 'disqus_thread'; } if (document.getElementById(disqus_container_id)) { var dsq = document.createElement('script'); dsq.type = 'text/javascript'; dsq.async = true; dsq.src = 'https://' + disqus_shortname + '.disqus.com/embed.js'; (document.getElementsByTagName('head')[0] || document.getElementsByTagName('body')[0]).appendChild(dsq); } else { console.error("Could not find 'disqus_thread' container to load DISQUS. 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