Summary
- BYD’s sales growth in December and full year 2024 was significant
- Plugin vehicle sales increased by 60% in December and 41.3% for the full year
- Plugin hybrid sales saw the most growth, rising 102% in December and 73% for the year
- Full electric car sales increased by 9% in December and 12% for the full year
- BYD’s impressive growth in sales stands out compared to other automakers, including Tesla
Article
BYD experienced significant growth in 2024, with December and full-year sales showing impressive results. In December, the company’s plugin vehicle sales saw a 60% increase, while for the full year, they were up by 41.3%. BYD sold 173,766 more units in December 2024 compared to the previous year, and a total of 1,241,968 units throughout 2024. Plugin hybrid sales contributed significantly to this growth, with a 102% increase in December and a 73% increase for the full year.
Full electric car sales for BYD also showed positive results, with a 9% increase in December and a 12% increase for the full year. This consistent growth in both percentage and volume terms is particularly impressive considering the company’s already high sales numbers. In comparison to Tesla, which experienced a decrease in annual sales in 2024, BYD’s performance stands out as a significant achievement. BYD was also ranked as the 2nd largest auto seller in the world in November, indicating the company’s dominance in the industry.
The question now is whether BYD can sustain this tremendous growth in 2025. With the company making significant strides in the auto industry and continuing to increase its market share, the outlook for 2025 appears promising. BYD’s success in 2024 reflects a strong commitment to cleantech and electric vehicles, aligning with the global push towards sustainability. By supporting independent cleantech coverage and contributing through donations, individuals can help accelerate the cleantech revolution and support companies like BYD in their efforts.
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In conclusion, BYD’s impressive growth in 2024, as reflected in their December and full-year sales, showcases the company’s strong position in the electric vehicle market. With significant increases in plugin hybrid and full electric car sales, BYD has demonstrated its ability to thrive in a competitive industry undergoing a cleantech revolution. As the company continues to expand its market presence and drive towards sustainability, the outlook for its performance in 2025 appears promising. By supporting independent coverage and staying informed on cleantech advancements, individuals can contribute to the growth of companies like BYD and the overall transition towards a cleaner and more sustainable future.
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