BYD's sales in May exceeded 330,000 units, and the annual sales target has been completed by 35%

Gasgoo Cars

2024-06-03 11:18Posted on the official account of Shanghai Gasgoo

On June 2, according to the latest production and sales data released by BYD, in the past May, it sold a total of 331,817 new energy vehicles, an increase of 38.13% over the same period last year and a slight increase of 5.93% from April.

Up to now, BYD's cumulative sales of new energy vehicles have exceeded 7.6 million.

BYD in May was extremely busy. In just half a month, two core technologies have been updated and iterated successively - a new generation of e-platform 3.0 Evo, and the fifth-generation DM technology.

Specifically, the new generation of e-platform 3.0 Evo integrates five new technology clusters: CTB vehicle safety architecture, 12-in-1 intelligent electric drive, intelligent wide-temperature high-efficiency heat pump, global intelligent fast charging, and intelligent motion control, and the Hiace 07EV is the first model based on the e-platform 3.0 Evo.

As a new blockbuster model created by Ocean Network, Hiace 07EV is also the first model of Ocean Network's new Hiace IP, officially on sale with 189,800 yuan to 239,800 yuan, equipped with the high-end version of the intelligent cockpit DiLink 100, and the first to use the high-end intelligent driving assistance system DiPilot 100 of the Eye of the Gods, from human-vehicle interaction to intelligent driving function, the overall experience has been significantly improved.

The fifth-generation DM technology adopts an electric-based power architecture, with a plug-in hybrid dedicated high-efficiency engine achieving a thermal efficiency of 46.06%, and the EHS electric hybrid system increasing the power density by 70.28% through the ultimate structural design, and greatly reducing the loss of the energy flow path, with a comprehensive working efficiency of 92%. The plug-in hybrid blade battery has an energy density increase of 15.9%.

Image source: BYD

The industry's first full-temperature vehicle thermal management architecture can save up to 10% of energy consumption in high temperature environments and up to 8% in low temperature environments. Zhidian integrates the electronic and electrical architecture and integrates the industry's first plug-in hybrid power domain control seven-in-one, realizing functional reuse and increasing power density by 18.3%. The industry's first chip integration realizes the integration of VCU (voltage control unit) and dual MCU (motor control unit), and increases the chip computing power by 146%.

Qin L DM-i and Seal 06 DM-i, which are the first to use the fifth-generation DM technology, have only one-third of the fuel consumption of fuel vehicles, and the comprehensive range is 3 times that of fuel vehicles, more precisely, it is 2.9L of fuel consumption and 2100 kilometers of comprehensive range per 100 kilometers.

Based on this, BYD's new energy passenger vehicles achieved monthly sales of 330,000 units in May, a year-on-year increase of 38.23%.

Specifically, BYD Dynasty/Ocean brand, Denza, Formula Leopard and Yangwang brands sold 315,227 units, 12,223 units, 2,430 units and 608 units, respectively.

It is worth noting that this is also the first time that the monthly sales of the Formula Leopard brand have exceeded 2,400 units since the announcement of sales, setting a new record high. And on the last day of May, Formula Leopard announced for the first time its third model - Leopard 3 official camouflage map, with the text "Mysterious mission is about to begin", it is not excluded that after the second model, which is also the flagship off-road Leopard 8 after the third quarter, the Leopard 3 will also follow. At that time, Formula Leopard will form a Leopard 8, Leopard 5 and Leopard 3 hardcore off-road SUV camp.

In addition to meeting the needs of the domestic market, BYD continues to focus on overseas markets. Since May 2021, BYD officially announced its "Passenger Car Overseas" plan, which has now covered 83 countries and regions on six continents, and has won the sales championship in Thailand, Brazil, Singapore, Colombia and other markets.

BYD SHARK, a new energy pickup truck; Image source: BYD

In the middle of the month, the BYD SHARK, a new energy pickup truck developed based on the global market, held a global product launch and launch conference in Mexico City, with a price of 969,800 Mexican pesos (equivalent to about 416,000 yuan). BYD SHARK, equipped with DMO super hybrid off-road platform, is the latest achievement of BYD's product matrix and a new attempt to the global car market.

Image source: BYD

And the BYD "EXPLORER NO.1" car transport ro-ro ship, which has been launched for several months, finally came to the latest news. According to BYD's latest official disclosure, the "EXPLORER NO.1", loaded with 5,459 new energy vehicles, completed a 27-day transoceanic journey from China to Brazil, and arrived at the port of Suape in Brazil, setting a new record for the number of vehicles received at this port at a time, and will further consolidate its achievements as one of the top ten automakers in Brazil in April.

Turning to the European market, Michael Shu, managing director of BYD Europe, said at the Future of the Car conference held by the Financial Times on May 9, "We are confident that we will be in the lead by 2030." ”

To this end, in addition to the BYD SHARK for the global market mentioned above, which has been officially released in Mexico, on May 20, BYD SEAL U DM-i (domestic name is Song PLUS DM-i Champion Edition) was launched in the European market, and the BYD brand's new energy product matrix in Europe was further enriched.

It is precisely because of BYD's ultra-high expectations in the European market that Michael Shu further revealed that it will consider building a second assembly plant in Europe in 2025.

Against this backdrop, BYD's overseas NEV passenger vehicle sales totaled 37,499 units in May, and since BYD released data in July 2022, its overseas NEV passenger vehicle sales have approached 470,000 units, of which the cumulative sales from January to April 2024 have exceeded 180,000 units.

Up to now, BYD's cumulative sales of new energy vehicles in the first five months of this year have exceeded 12.77 million. If calculated according to the sales target of 3.624 million units on the basis of last year's 3.02 million units, which is to maintain a growth rate of more than 20%, 35.08% of the sales target has been preliminarily completed this year, and an average of 336,000 units per month will be completed in the next seven months.

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