Xinhua Silk Road - Belt and Road Portal, China's silk road economic belt and 21st Century Maritime Silk Road Website Xinhua Silk Road - Belt and Road Portal, China's silk road economic belt and 21st Century Maritime Silk Road Website
Subscribe CustomBlackClose

Belt & Road Weekly Subscription Form

download_pop

Research ReportCustomBlackClose

The full edition of the report is available at Xinhua Silk Road Database. You can click the “Table of Content” to have a general understanding of it.

Click on the button below to create your account and get immediate access to thousands of articles.

Start a Free Trial

Xinhua Silk Road Database
Company

BYD new-energy vehicle sales slump

August 07, 2020


Abstract : China's leading new-energy vehicle (NEV) manufacturer BYD reported on Thursday that its NEV sales have tumbled in the first seven months of this year.

BEIJING, Aug. 6 (Xinhua) -- China's leading new-energy vehicle (NEV) manufacturer BYD reported on Thursday that its NEV sales have tumbled in the first seven months of this year.

The company sold a total of 75,777 NEVs in the Jan.-July period, down by 53.29 percent from the same period last year, BYD said in a filing with the Shenzhen Stock Exchange.

In July alone, it sold 15,100 NEVs, down from 16,567 units in the same month a year ago.

Despite the sales slump in the NEV sector, BYD reported a sales rebound for gasoline-powered vehicles. During the first seven months, the carmaker sold 114,233 gasoline-powered vehicles, up by 17.96 percent year on year. Enditem

Scan the QR code and push it to your mobile phone

Keyword: BYD NEV

Reading:

SE. China Fujian unveils three-year action plan in NEV dev.

Chip, battery become new focus of core technology competition in China's automobile industry

NW. China Xinjiang to build IOV platform

China sees NEVs sales hit 4.5 mln units

NEV industry development plan for 2021-2035 in China submitted for approval, ministry

Write to Us belt & road login close

Do you want to be a contributor to Xinhua Silk Road and tell us your Belt & Road story? Send your articles to [email protected] and share your stories with more people.

Click on the button below to create your account and get im http://img.silkroad.news.cn/templates/silkroad/en2017te access to thousands of articles.

Start a Free Trial

Ask Us A Question belt & road login close

If you have any questions, please enter them in the box below.

Reload

Write to Us belt & road login close

Do you want to be a contributor to Xinhua Silk Road and tell us your Belt & Road story? Send your articles to silkroadweekly@xinhua.org and share your stories with more people.

Click on the button below to create your account and get im http://img.silkroad.news.cn/templates/silkroad/en2017te access to thousands of articles.

Start a Free Trial