BYD reports 70,022 plug-in car sales in September (Up 276% year over year) which is the 4 record month in the row. The results was four time better than a year ago and plug-ins currently stand for 89%of BYD sales. It just a matter of time before the company will focus 100% for BEVs and PHEVs.
BYD car sales breakdown:
BEVs : 36,306 (up 197% year over year )
PHEVs: 33,716 (up 428% year over year )
Total: 70,022 (up 276% year over year)
BYD is a company to watch for its high growth and high volume. With 180,587 plug-ins sold , the company is second to only Volksswagen with 196,800 plug-ins sold. Look for BYD to bring its first six-digit number quater for electric vehicles sales with its current growth tragectory.
If you are looking to invest in the red-hot EV market, look no further than BYD which proves herself as a major player in this promising market. With its current growth, it is safe to say that BYD will have one of the market share in regards to EV in China.
$BYD COMPANY(01211.HK)$
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