BYD achieves best-ever monthly new energy passenger vehicle export volume in April 2024

Shanghai (Gasgoo)- On May 1, BYD Company Limited ("BYD") disclosed its latest monthly sales results, reporting that the company sold a total of 313,245 new energy vehicles in April. This figure marks a 48.96% soar over the same period last year, and a modest growth of 3.57% from the previous month.

In a detailed breakdown of sales by brand or product series, the BYD Dynasty/Ocean series took the lead with 297,864 vehicles, followed by DENZA at 11,122 units, FANGCHENGBAO with 2,110 units, and YANGWANG at 952 units.

Notably, after last year's introduction of the YANGWANG U8, the YANGWANG brand launched its second model, the U9, in February of this year priced at 1.68 million yuan. The third model, the U7, was unveiled at the Auto China 2024 and is scheduled for market release in the latter half of this year, completing the brand's luxury lineup with offerings in the SUV, supercar, and sedan categories.

April was a pivotal month for BYD, transitioning from intense price competition in the first quarter to a period marked by significant product introductions. Key launches included the updated DENZA N7 at the month's start, the company's inaugural pickup truck, the BYD SHARK, and several others unveiled at the Auto China 2024 such as the Qin L, Seal 06 DM-i, Sea Lion 07 EV, YANGWANG U7, and OCEAN-M models.

Beyond satisfying domestic demand, BYD continues to push into overseas markets. Since announcing its foray into overseas markets for passenger vehicles in May 2021, BYD has expanded its presence to 83 countries across six continents.

In terms of international performance, BYD set a new record in April with export volume of new energy passenger vehicles reaching 41,011 units (+176.6% YoY). Since the company began tracking this data in July 2022, its cumulative overseas sales of these vehicles have surpassed 430,000 units, with nearly 140,000 of sales occurring between January and April 2024.