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China’s BYD (002594.SZ) sets a new record for monthly electric vehicle sales… Exceeded 1 million units in cumulative sales by May this year |

[인포스탁데일리=박정도 전문기자] Chinese electric car company BYD has surpassed 1 million units in cumulative sales by May this year.

On the 1st, BYD recorded 240,200 electric vehicle sales in May, up 109% from the same month last year. Monthly sales of 240,000 units are the highest ever.

Specifically, cumulative sales from January to May this year were 1,002,600 units, an increase of 97.6% compared to the same period last year.

The WORLD is recording explosive growth in the electric vehicle market. Last year, BYD sold 1.86 million units, up 208% from the previous year.

It is becoming a predicted fact that it will surpass last year’s sales record by surpassing 1 million units sold by May this year.

However, BYD’s target of 3 million units at the start of the year is unlikely to be easy to reach. Sales of Li Auto as well as BYD are increasing.

Rioto’s May sales increased 146% year-on-year to 28,300 units, overwhelming Nio (6,155 units) and Xiaopeng (7,506 units).

Meanwhile, the China Passenger Car Market Information Association (CPCA) estimated that electric vehicle sales in May would reach 580,000 units, up 10.5% from the previous month. In addition, the share of electric vehicles among new car sales is estimated at 33.5%.

Reporter Park Jeong-do newface0303@infostock.co.kr