BYD’s monthly vehicle sales exceed 370,000 units for first time in Aug. 2024

Shanghai (Gasgoo)- BYD Company Limited announced on the first day of September that its automobile sales reached 373,083 units in August 2024, jumping 35.97% over a year ago and climbing 8.97% over the previous month.

It is noteworthy that August 2024 marked BYD's first-ever month to surpass the 370,000-vehicle monthly sales milestone.

Of the vehicles sold last month, 370,854 units were contributed by the passenger vehicle (PV) sector, representing a year-on-year leap of 35.31%. Breaking down the August PV sales by powertrain solutions, the battery electric vehicle (BEV) segment recorded a sales volume of 148,470 units, indicating a slight growth of 1.95% over the previous year, while the plug-in hybrid electric vehicle sales soared 73.12% from a year earlier to 222,384 units.

In addition, BYD reported an export volume of 31,451 PVs for the month of August, showing a 25.7% year-on-year jump.

In the same month, the company's commercial vehicle (CV) sector sold 2,229 vehicles (+643% YoY), including 647 buses (+434.71% YoY).

As for the performance of specific brands or product ranges, BYD's Dynasty and Ocean ranges together sold 355,679 vehicles in August, displaying a robust year-on-year growth of 35.5%. Moreover, DENZA, YANGWANG, and FANGCHENGBAO brands logged vehicle sales of 9,989 units, 310 units, and 4,876 units, respectively.

For the first eight months of the year, BYD saw its cumulative sales jump 29.92% over the year-ago period to 2,328,449 units, including 2,318,798 PVs (+30.02% YoY).