BYD's sales extend growth streak on strong exports
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- BYD’s global sales rose 17.8% year on year to 440,293 vehicles in August, extending its growth streak to four consecutive months.
- Overseas shipments surged 134.5% to 189,466 vehicles, helping offset weak demand in China.
BYD’s global sales continued to climb in August, supported by a sharp increase in exports as the Chinese electric vehicle maker faced sluggish domestic demand.
The company sold 440,293 vehicles during the month, up 17.8% from a year earlier. Overseas shipments rose 134.5% to 189,466 vehicles, according to Reuters calculations based on BYD’s disclosure.
The figures marked the fourth consecutive month of rising global sales for BYD. The export performance provided a buffer against weaker demand in its home market.
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Originally published by CNA. Summarized and contextualized automatically by DistantNews, with a note on how the source frames the story. Not individually reviewed before publishing. How this works.
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