BYD BEV Sales Up 34.5% In October - CleanTechnica

In October 2024, BYD experienced mixed results in vehicle sales. Its full battery electric vehicle (BEV) sales increased significantly by 34.5% year-over-year, highlighting strong growth in the pure electric segment. However, plugin hybrid electric vehicle (PHEV) sales declined sharply by 31% compared to the previous year. Overall, combined plugin passenger vehicle sales for BYD fell by 12.7% in October 2024. Looking at the broader picture from January to October 2024, BYD’s plugin vehicle sales showed a positive trend with a 12.9% increase year-over-year. BEV sales maintained the strong 34.5% growth, while PHEV sales saw a smaller decline of 2.7%. Despite the recent drop in PHEV sales, BYD remains the global leader in the electric vehicle market, having surpassed Tesla in sales. The company continues to expand its BEV market share, effectively competing against itself as