BYD Expects To Increase Plug-In Car Sales By Over 20% In 2024

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BYD Expects To Increase Plug-In Car Sales By Over 20% In 2024
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After the spectacular sales success in 2023, BYD is pushing hard to further increase its plug-in electric car sales both in China and overseas.

After the spectacular sales success in 2023, BYD is pushing hard to further increase its plug-in electric car sales in China and overseas. According to BYD's investor event , the company sales are expected to grow by over 20% in 2024. Considering 3 million units in 2023 , we are talking about at least 3.6 million rechargeable cars. Get Fully Charged BYD EV Sales Heads 10,000,000 Cumulatively BYD's plug-in electric car sales recently reached 7 million units .

As soon as in 2025, the overseas sales might reach 1 million units, which indicates the company's direction. Another important move for BYD will be the market launch of its fifth-generation Dual Mode plug-in hybrid technology, scheduled for May 2024. It's promised to improve fuel economy to 2.9 liters per 62 miles or some 78 MPG when driving with a depleted battery.

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