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Aug 04, 2022

BYD's new energy vehicle sales exceeded 800,000 units, and the installed capacity of power and energy storage batteries exceeded 41GWh

On the evening of August 3, BYD disclosed the July production and sales report. The company sold 162,500 new energy vehicles in July, a year-on-year increase of 221.89%, of which a total of 4,026 new energy passenger vehicles were sold overseas in July. From January to July, the company's cumulative sales of new energy vehicles reached 803,900 units, a year-on-year increase of 292%.


On the same day, BYD Auto's micro account released data showing that the cumulative sales of BYD's new energy vehicles exceeded 2.3 million. In July, BYD sold 81,223 DM models and 80,991 EV models.


In terms of battery installed capacity, BYD's total installed capacity of new energy vehicle power batteries and energy storage batteries in July was about 7.287GWh, and the total installed capacity from January to July was about 41.329GWh.


It is understood that BYD's new energy vehicle footprint covers six continents, more than 70 countries and regions, and more than 400 cities. The company has stopped the production of fuel vehicles from March 2022, focusing on pure electric and plug-in hybrid vehicles.


In addition, BYD has been actively exploring foreign markets recently. On July 21 this year, BYD announced its official entry into the Japanese market, opening a new chapter in the internationalization of passenger cars. On August 1, BYD announced its entry into the German and Swedish markets, and the first vehicles are expected to be delivered in the fourth quarter of this year.


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