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BYD sales surge to 500k vehicles in October

Four leading Chinese electric vehicle manufacturers reported record sales in October, driven by strong domestic demand.

BYD, the largest global EV producer, sold 502,757 pure-electric and hybrid vehicles in October.

This marked a 66.5% increase compared to the same month last year. It also represented a 19.8% rise from September figures.

Xpeng, recognized for its autonomous-driving technology, delivered 23,917 vehicles to mainland customers in October. This represented a 12% increase from the previous month.

Leapmotor, with backing from Stellantis, sold 38,177 vehicles. This reflected a 13.1% rise from September.

Zeekr, managed by Geely Auto, delivered 25,049 vehicles in October. This was a 17.4% improvement on its September sales.

Recent BYD developments

Timeline
31-Oct-2024 🚗 BYD surpasses Tesla in Q3 earnings
  • BYD’s revenue hit 200 billion yuan, up 24%
  • Tesla’s Q3 revenue was $25.2 billion, lower than BYD
21-Oct-2024 🎮 BYD, Black Myth: Wukong creator to digitize heritage
  • BYD partners with Game Science for heritage preservation
  • Collaboration to document relics in Shanxi museums
01-Oct-2024 🔥 BYD EVs recalled due to steering defect
  • BYD recalls 97,000 electric vehicles for fire risk
  • Recall affects best-sellers Dolphin and Yuan Plus models
02-May-2024 ⚡ BYD to set up $1.3b EV plant in Indonesia, targets operations by 2026

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