Global NEV Leader BYD Sets Ambitious Goal: Double NEV Sales to Almost 4 Million Units in 2023

Published: Apr 28, 2023 19:18
Source: SMM
Wang Chuanfu, chairman of BYD, which is the top seller of new energy vehicles not only in China but also around the world, has set a goal of doubling its sales this year.

Wang Chuanfu, chairman of BYD, which is the top seller of new energy vehicles not only in China but also around the world, has set a goal of doubling its sales this year. The company sold nearly 1.89 million cars last year.  

Warren Buffett-backed electric car maker BYD sold more than 440,000 vehicles in China in the first quarter this year, overtaking its German rival Volkswagen as the country's top-selling car brand, according to auto industry data.
BYD announced its March sales data recently. The company sold 207,080 cars in March this year, a year-on-year increase of 97.4%. This includes 206,089 passenger cars (including 13,312 cars for exports), up 97.5% from a year ago. Among the passenger cars it sold last month, 103,419 units were plug-in hybrid electric cars, while the rest being pure electric ones.  


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