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Reading: BYD sold nearly million passenger vehicles in Q1, up 60%. Export is up 111% to a new record-high
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Ecodrive Daily > News > BYD sold nearly million passenger vehicles in Q1, up 60%. Export is up 111% to a new record-high
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BYD sold nearly million passenger vehicles in Q1, up 60%. Export is up 111% to a new record-high

April 1, 2025 3 Min Read
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BYD sold nearly million passenger vehicles in Q1, up 60%. Export is up 111% to a new record-high
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BYD bought 377,420 EVs globally in March, bringing its first-quarter gross sales to almost a million. The corporate exported a record-breaking 206,084 electrical automobiles, up 111% from Q1 2024.

In Q1 2025, a Shenzhen-based automaker bought 416,388 passenger BEVs, up 39% from 300,114 in Q1 2024. The BEV gross sales accounted for 42.2%, down from 48.1% in Q1 final 12 months.

The passenger PHEV gross sales had been 569,710 items, up 76% from 324,284 in Q1 2024. The PHEV gross sales accounted for 57.8%, up from 51.9%.

BYD ceased manufacturing of the ICE-only automobiles in April 2022 and sells solely battery electrical automobiles (BEVs) and plug-in electrical automobiles (PHEVs)

BYD bought 3 million automobiles in 2023, 4.3 million in 2024 and is predicted to ship round 5.5 million items in 2025 and 6.5 million in 2026.

In March 2025, BYD bought 377,420 automobiles. Of it, 371,419 had been passenger automobiles, up 15% from February and 23.1% from final 12 months.

BYD produced 395,091 automobiles in March, up 33% from 296,253 items final 12 months. The distinction between manufacturing and gross sales is 17,671 automobiles.

The export gross sales in March had been 72,723 items, up practically 90% from 38,434 automobiles in the identical month final 12 months and eight.5% from February. That is additionally a month-to-month all-time excessive for BYD exports.

Right here is the March gross sales breakdown for the actual BYD manufacturers:

  • Yangwang: 133 items
  • Fang Cheng Bao: 8,051 items (+126% YoY)
  • Denza: 12,620 items (+22.8% YoY)
  • BYD-badged automobiles (Dynasty + Ocean collection): 350,615 items (+23% YoY)
See also  BYD Han L EV and Tang L EV 1086 hp started presales in China for 37,300 USD

In Q1 2025, BYD bought 990,711 passenger automobiles globally, up 58.7% from 624,398 items in Q1 2024.

Of it, 206,084 automobiles had been exported abroad, up 110.5% from Q1 2024.

12 months-to-date, BYD bought 1,000,804 automobiles, of which 986,098 had been passenger automobiles.

As of March 2025, cumulative gross sales of BYD electrical automobiles surpassed 11.6 million, the corporate introduced at the moment.

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Reading: BYD sold nearly million passenger vehicles in Q1, up 60%. Export is up 111% to a new record-high
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