eastwest connect

BYD vehicle export volume soared fourfold in September

BYD vehicle export volume soared fourfold in September

It is learned from Chinese media, BYD is well aware of the competitiveness of China’s new energy vehicle products in the global market, and under the background of accumulative orders in the domestic market reaching hundreds of thousands, it still devotes some resources to developing overseas markets.

On September 28, BYD announced its entry into the European market. Three models, Han EV, Tang EV and ATTO 3 (Yuan PLUS), were officially launched for pre-sale in Germany. Prior to this, BYD has been deployed in Thailand, Japan, Latin America and other regions. According to media reports, German car rental company Sixt said recently that it has signed a new cooperation agreement with Chinese automaker BYD, promising to buy about 100,000 electric vehicles from BYD in the next few years.

Due to the significant increase in export volume, BYD also began to disclose overseas data in July this year. According to relevant announcements, BYD exported 7,736 vehicles in September, a year-on-year increase of 460% and a month-on-month increase of more than 50%.

On October 10, Times Finance called BYD’s securities department as an investor. The relevant personnel said that BYD’s overseas market has responded well and is in a state of short supply. This further promotes BYD to increase product launch and channel construction in overseas markets.