Demand for pure electric vehicles declines, hybrid cars are popular: BYD is ready to take off in Thailand
AshleyMay 09, 2024, 04:11 PM
Pure electric demand drops, hybrid cars popular: BYD Thailand is ready to launch
The sales report for new cars in Thailand in March 2024 shows a year-on-year decline in the sales of pure internal combustion engine and electric cars, while the sales of hybrid cars are on the rise.
The sales data for Thailand's gasoline and diesel vehicles in March were 16,004 and 26,466 vehicles, down 40.85% and 40.70% year-on-year, and down 8.61% and 1.96% month-on-month; the sales of electric vehicles were 5,251, down 15.84% year-on-year, and up 39.4% month-on-month; the sales of hybrid vehicles were 12,815, up 28.84% year-on-year, and up 7.1% month-on-month.
On May 5, 2024, BYD released the sales report for April, with global sales of BEV decreasing by 3.9% MoM to 134,465 units, this has been the first month that BEV has gone downhill for a long time, however, the slowdown in BEV market demand seems not to affect it too much because the sales of PHEVs continue to grow steadily.
From January to April 2024, BYD sold a total of 936,446 new energy family cars, up 23.6%, of which BEV sales increased by 17.7%, and PHEVs increased by 29.2%. PHEV is currently the most significantly growing product series, and the sales of commercial vehicles and buses have shown at least a 30% negative growth.
BYD's dual mode (DM) PHEV power system offers different modes: the DM-i (dual mode intelligent) is the standard mode, but there are also the performance-oriented DM-p and the off-road-focused DMO. The BYD Qin L is the newest PHEV model, it is equipped with a 1.5L four-cylinder natural aspiration engine, along with a 160 kW (217PS) electric motor, driven by a lithium iron phosphate (LFP) battery pack, with the battery capacity between 10.08 kWh and 15.9 kWh.
BYD in Thailand has showcased PHEV models locally, among which, BYD Seal U is planned to be launched in Thailand later this year and it will become the first PHEV model of BYD in Southeast Asia.
If any infringement occurs, please contact us for deletion
Exploring the 2024 Beijing Auto Show: Xiaomi SU7 Has more than 70,000 orders
Xiaomi SU7 debuts at Beijing Auto Show, launched on March 28 with three models priced between RMB 216,900 to 229,900. Xiaomi aims to exceed 100,000 deliveries in 2024, with over 70,000 pre-orders received. SU7, built on the Modena platform, offers rear-wheel and all-wheel drive options, a sleek design, and luxurious interiors.
The Most Tech-savvy Electric MPV? Chery Exeed E08 Debuts at Beijing Auto Show
Exeed unveiled their first electric MPV, E08, featuring avant-garde "Phoenix Feather Butterfly" front design and "Wind Wings" lighting effect. Jointly crafted by European and Shanghai teams, it embodies Exeed's "Wind Aesthetics" 2.0.
2024 Toyota Sienna Price Slashed by Up to $3.5k!
Before the Beijing Auto Show on April 23, 2024, the 2024 Toyota Sienna launched in China with prices ranging from ¥28.48-39.58 million. Compared to the previous model, prices dropped ¥25,000, introducing 9 variants including models with an E-Four electric 4WD system.
DEEPAL S07 surpasses BYD, becoming the top-selling pure electric car in Thailand in April
The Thai market recently released the sales data of all-category electric vehicles for April. Noteworthy is that in April, DEEPAL S07 surpassed BYD Dolphin, becoming the champion of pure electric vehicle sales in Thailand for that month. Its monthly sales were 754 units, while Dolphin's monthly sales were 500 units. At the same time, DEEPAL S07 also achieved a month-on-month growth of up to 90.9%. The DEEPAL brand entered the Thai market very late, only officially landing in Thailand in Decembe
