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Chinese EV giant BYD posts 62% jump in 2023 vehicle sales
© Reuters. A view of the logo of BYD at the Japan Mobility Show 2023 at Tokyo Big Sight in Tokyo, Japan October 25, 2023. REUTERS/Issei Kato/File Photo
(Reuters) – China’s BYD Co (SZ:), the world’s biggest seller of battery electric vehicles (BEVs) and plug-in hybrids, sold about 3.02 million vehicles in 2023, an increase of 61.9%, it said on Monday.
The Shenzhen-based automaker said it sold about 1.6 million battery EVs as well as about 1.4 million plug-in hybrid EVs.
BYD said its battery and hybrid EV sales in December stood at 340,178 including 190,754 all-electric vehicles.
Last year, BYD announced plans to build a plant in Hungary.
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