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Nov 04, 2022

The total installed capacity of power and energy storage batteries of BYD in October exceeded 10GWh

On November 3, BYD on the Hong Kong stock market released its October production and sales report.


In October, BYD's production of new energy vehicles reached 220.107 million, and the sales volume reached 2178.16 million, a record high again!


So far, BYD's cumulative sales volume of new energy vehicles this year has reached 1.3979 million, with a year-on-year growth of 233.92%.


The remarks of the announcement showed that BYD sold 9529 new energy passenger vehicles overseas in October; In October, the total installed capacity of power battery and energy storage battery of new energy vehicles was about 10.188GWh, and the cumulative total installed capacity in 2022 was about 67.681GWh.


In terms of performance, BYD recently released its report on the third quarter of 2022, which shows that: in the third quarter of 2022, BYD achieved an operating revenue of 117.081 billion yuan, an increase of 115.59% year on year; The net profit attributable to shareholders of the listed company was 5.716 billion yuan, a year-on-year increase of 350.26%.


In addition, by the end of the third quarter, BYD had achieved a cumulative operating income of 267.688 billion yuan in 2022, an increase of 84.37% year on year; The net profit attributable to shareholders of the listed company was 9.311 billion yuan, up 281.13% year on year.


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