China’s BYD just topped another major milestone. The EV giant produced its ten millionth new energy vehicle (NEV) this week, becoming the first automaker to accomplish the feat. BYD’s accomplishment comes just three years after its one-millionth NEV rolled off the assembly line. After its fifth straight record sales month, BYD is now closing in on top global automakers like Ford.
BYD continued its dominant run after selling over 500,000 vehicles for the first time in a single month in October.
BYD seems to be doing rather well for themselves. I guess that’s roughly ten million fewer ICE vehicles on the roads.
I think the majority of those sales are PHEV, so with an ICE. Quite cheeky to put the sum of NEV without the breakdown of EV vs PHEV, pure marketing article.