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BYD already exceeded its entire 2024 delivery target in November, with 504,804 electric passenger vehicles sold


BYD sold 504,003 passenger cars in November, up 67.2% from 301,378 units last year and 0.7% from October last year, setting a new monthly record. BYD sells more than half a million vehicles for the second month in a row.

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In 2024 (January to November), BYD sold 3,740,930 passenger cars, an increase of 40.0% compared to the same period last year. BYD’s official goal is to deliver 3.6 million vehicles by 2024, which was already exceeded the month before.

The released sales data shows new energy vehicles (NEVs), Chinese terms for fully electric vehicles (BEVs) and plug-in hybrid vehicles (PHEVs). Specifically, it also includes FCEVs (hydrogen), but those sales are virtually non-existent in China, and BYD does not sell FCEVs. BYD stopped selling fully ICE cars in April 2022.

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BYD’s overseas NEV sales reached 30,977 units in November and the company claims that 28,141 units have already been exported.

BYD’s EV and energy storage battery installations totaled approximately 22.47 GWh, bringing its cumulative installed capacity to approximately 171.21 GWh in 2024.

Sales versus production

In short, BYD sold 506,804 vehicles in October, including:

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  • Passenger NEVs: 504,003 units
  • Commercial NEVs: 2,801 units
    • Others: 2,352 units
    • Buses: 449 units
  • BEVs: 198,065 units
  • PHEVs: 305,938 units

While it produced 540,588 vehicles, including:

  • Passenger NEVs: 536,926 units
    • BEVs: 208,859 units
    • PHEVs: 328,067 units
  • Commercial NEVs: 3,662 units
    • Other: 3,213 units
    • Buses: 449 units

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