BYD -- Build Your Dream -- the Leader in Electric Car Sales Worldwide

2023 ВYD Seagull

  (Reuters) - China's BYD Company

The Shenzhen-based automaker said it sold about 1.6 million battery EVs as well as about 1.4 million plug-in hybrid EVs.

BYD said its battery and hybrid EV sales in December stood at 340,178 including 190,754 all-electric vehicles.

In the global market for electrified vehicles, Tesla and BYD are pulling away from the field. Both have highly vertically integrated operations – in contrast to legacy automakers that still outsource much of their manufacturing.

 

Both are moving aggressively to expand capacity, sales, and technical capability. BYD said last week it plans a production base in Hungary – the better to circumvent potential EU tariffs. BYD also got approval last week to start testing an advanced assisted driving system – aka, an Autopilot fighter.