An increase of 38% year-on-year! BYD's sales volume in May is 331,817 units
LienJun 03, 2024, 11:17 AM
As China's largest new energy vehicle manufacturer, BYD has once again delivered an eye-catching sales report. It announced its May sales to the public on 2 June. The data shows that in May 2024, the number of BYD's car sales reached 331,817, a year-on-year increase of 38.13 per cent, and a slight increase of 5.93 per cent from the previous year. And the cumulative sales in the first five months of 2024 amounted to 1,271,325 units, a year-on-year increase of 26.80 per cent.
BYD has taken an absolute leading position in the new energy vehicle market. It lays out four major brands including BYD brand, DENZA, Fangchengbao and Yangwang to cover a wide range of market needs.
On May 10, BYD Sea Lion 07 EV was officially launched with 4 models and a price range of RMB 189,800-239,800. The Sea Lion 07 EV, based on the BYDe 3.0 Evo platform and equipped with L2+ advanced intelligent driving assistance functions, further enhances the user's driving experience and safety performance.
On May 28, BYD held a technology conference in Xi'an, China, introducing its revolutionary fifth-generation DM technology. The Chairman of BYD Wang Chuanfu stated at the conference that the fifth-generation DM technology achieves a thermal efficiency of 46.06% for the engine, fuel consumption of 2.9 litres per 100 kilometres, and a combined range of 2,100 kilometres.
On the same day, BYD also launched two new cars equipped with the technology ——QIN L DM-i and Seal 06 DM-i. The two new vehicles, which are available for immediate delivery, adopt a dual-vehicle, same-price strategy, and both launch five models. Their price range is RMB99,800 - RMB139,800, which has caused a sensation in the auto industry after its announcement.
According to the plan, BYD has set its sales target for 2024 at 4.5-5 million units, which is 1.5-2 million units more than its 2023 target of 3 million units. However, with the expanding electrified market bringing more new challenges, the car market will be more competitive in 2024. It remains to be seen whether the launch of more new cars will bring further sales growth for BYD.
If any infringement occurs, please contact us for deletion
Trending News
2026 New Proton S70 Upgrades from Three-cylinder to Four-cylinder, Significantly More Powerful!
Proton's 2026 S70 to be launched before Lunar New Year, with a key upgrade to a 1.5-liter four-cylinder turbocharged engine replacing the three-cylinder model, improving power smoothness, maintaining spaciousness, with the infotainment system and driver assistance possibly adapted to local road conditions, offering practical improvements tailored to the needs of Malaysian and Thai family users, aiding car purchase decisions.
In 2026, Should I Buy a Proton X50 or a Perodua Traz? Can the RM 6,000 Rebate Offset the Traz's Space Advantage?
Recently, one of the most frequently asked questions in the Malaysian market is: So, should you go for the Proton X50, which offers stronger performance and a greater sense of technology, or the Perodua Traz, which provides more space and is more budget-friendly? Especially considering the X50 has discounts of up to around RM 6,000, how significant is the price difference left to weigh? This article provides an objective analysis from the perspective of daily usage.
Toyota Estima to return in 2026?
Since it was discontinued in 2019, news about the return of the Toyota Estima to the market has never stopped. Although Toyota has not yet released any official announcements regarding mass-production vehicles, the related information does not come from scattered rumors but originates from continuous revelations by Japanese automotive media.
Donut Lab Announces Mass-Produced All-Solid-State Battery, Claims 5-Minute Full Charge
All-Solid-State Battery, which has long remained in the laboratory and concept stages, is now approaching a true commercialization milestone. Donut Lab announced that its All-Solid-State Battery is ready for mass production and will be first equipped on the Verge TS Pro electric motorcycle.
Mazda2 and CX-3 will be discontinued in 2026, Mazda small cars are disappearing
CX-3 and Mazda2 have been discontinued, and the user base and emotional connection they built are being gradually let go. Whether the CX-20 can fill this gap in the future remains to be seen, but one thing is certain: the era of the affordable Mazda is coming to an end.
Popular Cars
Model Year
Car Compare
Car Photo