Price war, really easy to use., On April 1, according to the latest production and sales data released by BYD, in the past March, its cumulative sales of 302,459 new energy vehicles were 46.06 percent higher than the same period last year, and 147.29 percent higher than the ultra-low base in February., In this context, BYD achieved the seventh million new energy vehicles offline in just four months., The price-for-quantity effect is quite good. As we all know, after the championship version kicked off the “same price for oil and electricity” in February last year, BYD once again played “electricity is lower than oil” with the glory version, pulling compact cars into the deep water area of 80000 yuan, catching peers and all consumers by surprise., According to the statistics of Gestapo, as of March 25, most of BYD’s models have completed the switching of the Glory Edition. As a result, BYD has seven seats in the top ten passenger car sales list in the third week of March. Compared with the dismal results in January and February, the sales volume in March finally returned to the 300000 club, finally achieving the first sales peak in 2024., With the official launch of the pure electric small SUV model Yuan UP on March 26, BYD has formed a new energy vehicle camp consisting of small cars (seagulls, dolphins, Yuan UP), compact cars (Qin PLUS, destroyers 05, e2, Song pro, Yuan PLUS, Song PLUS), medium cars (seals, Song L, Tang, frigates), medium and large cars (Han) and MPV (Song MAX)., Based on this, BYD’s new energy passenger cars sold 301600 vehicles a month in March, up 46.36 percent year-on-year., However, the sales volume of pure electric passenger cars, which had been subject to frequent extreme weather and had seen a sharp drop in sales after 2024, still did not break the ice with the warming of temperature in March. As far as BYD is concerned, the proportion of DM models in January and February gradually increased. After climbing to a historical peak of 54.9 in February, it still maintained a high proportion of 53.62 in March., The impact of 3.4 million vehicles may not be difficult. Specifically, BYD Dynasty/Ocean Brand, Tengshi, Equation Leopard and Looking Up Brand sold 286,712, 10,279, 3,550 and 1,090 new cars respectively., It is worth noting that BYD looked up to its first million-class model “looked up to U8” and reached the delivery of 5000 new cars in January, which took only 132 days, setting a record for the fastest sales of million-class SUV models in China., In addition to meeting domestic market demand, BYD continues to make efforts in overseas markets. Since May 2021, Biadi officially announced the “passenger car to sea” plan, it has covered 78 countries and regions on six continents, and won the sales champion in Thailand, Brazil, Singapore, Colombia and other markets., In this context, BYD’s overseas new energy passenger car sales totaled 38,434 in March, a record high. Since Biadi released the data in July 2022, its overseas sales of new energy passenger cars have exceeded 390000, of which the cumulative sales in the first three months of 2024 have exceeded 100000., However, BYD’s overseas new car promotion work is still continuing. After its factory in Uzbekistan was officially put into use in January this year, BYD officials recently announced that its factory in Thailand will be put into use in the third quarter of this year, and the Brazilian factory is also accelerating construction., Based on this, the Gestapo Automotive Research Institute speculates that BYD’s passenger car exports may reach 400000 this year, breaking a new high. However, if we refer to the results in March, it may far exceed this value., Similarly, if BYD’s monthly sales of 302400 new energy vehicles in March are based on the calculation, the annual sales of 3.34 million vehicles will be achieved, which is almost the same as the 3.4 million vehicles previously estimated by the Gestapo Automotive Research Institute. It’s just the right thing to do, return to the first electric network home>,
Link to this article: https://evcnd.com/byd-sales-exceeded-300000-vehicles-in-march-overseas-sales-hit-a-new-high/
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