BYD sells 331,817 NEVs in May, PHEV sales set another record high
BYD (HKG: 1211, OTCMKTS: BYDDY) continued to post its second-highest sales ever last month, with plug-in hybrid electric vehicle (PHEV) sales seeing particularly strong growth.
The company sold 331,817 new energy vehicles (NEVs) in May, further closing in on last December's all-time high of 341,043 units, according to figures it released today.
That's up 38.13 percent from 240,220 in the same month last year and up 5.93 percent from 313,245 in April.
BYD ceased production and sales of vehicles powered entirely by internal combustion engines in March 2022, switching to focus on the production of PHEVs and battery electric vehicles (BEVs).