Summary
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- BYD produces large commercial electric vehicles like electric buses and heavy-duty trucks
- Electric bus sales for BYD were up 70.8% in December and 18.6% year over year in 2024
- Non-bus commercial electric vehicle sales for BYD had 6556.7% growth in December and 138% growth for the full year
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Article
BYD, a leading electric vehicle manufacturer, saw significant growth in its commercial electric vehicles in 2024. The company not only produces passenger electric cars, SUVs, and pickup trucks but also electric buses and heavy-duty electric trucks. In December, BYD sold 70.8% more electric buses compared to the previous year, and overall, electric bus sales were up by 18.6% in 2024. The company delivered 570 more electric buses in December and 875 more throughout the year. The growth in electric bus sales contributed to BYD’s overall success in the commercial electric vehicle market.
Apart from electric buses, BYD also experienced substantial growth in non-bus commercial electric vehicles in 2024. The company saw a 6556.7% increase in sales in December and a 138% increase across the full year compared to 2023. This tremendous growth in commercial electric vehicle sales showcases BYD’s commitment to sustainability and its ability to penetrate the market with a diverse range of electric vehicles. While much of the focus in the industry is on passenger electric vehicles, the expansion of commercial electric vehicle sales is equally significant for BYD.
The growth in sales of large commercial electric vehicles by BYD highlights the company’s potential to make a considerable impact on the transportation sector’s transition to electric mobility. While passenger electric car sales often dominate discussions around electric vehicles, the success of commercial electric vehicles cannot be understated. BYD’s strong performance in both passenger and commercial electric vehicles signifies its position as a key player in the global electric vehicle market and demonstrates its ability to address the growing demand for sustainable transportation solutions.
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