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BYD’s NEV Sales Surge 50.95% Year-Over-Year

BYD, the Chinese automotive giant, reported sales of 514,809 New Energy Vehicles (NEVs) in November 2024. This figure marks the third consecutive month where sales have exceeded 500,000 units. The company experienced a 50.95% increase in sales compared to the same month last year. Additionally, there was a 1.6% rise in sales from October to November 2024. These statistics highlight BYD’s strong performance in the NEV market, showcasing significant growth and market demand for their electric and hybrid vehicles.

Source: seekingalpha.com

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