BYD achieves a new annual sales record, surpassing four million units for the first time.
January 2 2025 5:39 pm BYD has wrapped up 2024 with worldwide sales of 4,272,145 units (+41.3% over 2023’s), a new annual sales record for the Chinese carmaker and the first time it’s broken four million. Here’s the breakdown: 1,764,992 passenger battery- electric vehicles (EV), 2,485,378 passenger plug-in hybrids (PHEV) and 21,775 commercial vehicles. That’s 41.5% EV/58.5% PHEV in 2024 (720k more PHEVs than EVs), compared with 52.1% EV/47.9% PHEV in 2023 (125k more EVs than PHEVs).
Against 2023, BYD’s EV sales increased 12% from 1.6 million units, while its PHEVs went up an incredible 72.8% from 1.4 million units. December saw 57,154 BYDs find homes outside China, propelling its 2024 total to 417,204 units. That’s nearly 72% more than the installed 23.5 GWh of battery capacity in December (+32% year-on-year). In 2024, cumulative battery installations, including in EVs and stationary energy storage, hit 194.7 GWh (+29% YoY)
Automotive Sales BYD Electric Vehicles Plug-In Hybrids
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