In 2023, China's BYD Group generated more than 406 billion yuan in sales revenue from new energy passenger vehicles, representing an increase of 49 percent from the previous year. In that year, BYD's sales revenue from new energy commercial vehicles was about 6.07 billion yuan, representing a drop of almost 30 percent compared to the previous year.
In 2021, BYD was the best-selling new energy passenger vehicle brand in China, with sales of 584,000 units. BYD focuses on new energy passenger car production and has ceased manufacturing purely gasoline-powered vehicles since March 2022. By April 2022, the cumulative sales of BYD’s new energy passenger vehicle series reached approximately 2.62 million units, of which the ‘Song’ series sold 1.15 million units, and ‘Qin’ series sales were around 600,000 units.
Sales revenue of BYD Group's new energy vehicles between 2020 and 2023, by type
(in billion yuan)
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cninfo.com.cn. (March 27, 2024). Sales revenue of BYD Group's new energy vehicles between 2020 and 2023, by type (in billion yuan) [Graph]. In Statista. Retrieved October 10, 2024, from https://www.statista.com/statistics/1306177/new-energy-car-sales-revenue-byd-by-type/
cninfo.com.cn. "Sales revenue of BYD Group's new energy vehicles between 2020 and 2023, by type (in billion yuan)." Chart. March 27, 2024. Statista. Accessed October 10, 2024. https://www.statista.com/statistics/1306177/new-energy-car-sales-revenue-byd-by-type/
cninfo.com.cn. (2024). Sales revenue of BYD Group's new energy vehicles between 2020 and 2023, by type (in billion yuan). Statista. Statista Inc.. Accessed: October 10, 2024. https://www.statista.com/statistics/1306177/new-energy-car-sales-revenue-byd-by-type/
cninfo.com.cn. "Sales Revenue of Byd Group's New Energy Vehicles between 2020 and 2023, by Type (in Billion Yuan)." Statista, Statista Inc., 27 Mar 2024, https://www.statista.com/statistics/1306177/new-energy-car-sales-revenue-byd-by-type/
cninfo.com.cn, Sales revenue of BYD Group's new energy vehicles between 2020 and 2023, by type (in billion yuan) Statista, https://www.statista.com/statistics/1306177/new-energy-car-sales-revenue-byd-by-type/ (last visited October 10, 2024)
Sales revenue of BYD Group's new energy vehicles between 2020 and 2023, by type (in billion yuan) [Graph], cninfo.com.cn, March 27, 2024. [Online]. Available: https://www.statista.com/statistics/1306177/new-energy-car-sales-revenue-byd-by-type/