BYD, the world’s largest electric vehicle manufacturer, is expanding its product lineup and market share. To do this, the company has created a number of sub-brands to appeal to different target audiences. One of BYD’s sub-brands is F, which is designed for premium cars. The F brand was recently in the news because of leaks about its first EV. Another sub-brand is OceanNet, and BYD recently released sales figures for this brand. Here are the details…

BYD Electric Vehicles Continue to Grow in Popularity, May Sales Top 100,000 Units

BYD’s OceanNet series of vehicles had a record month in May, selling 102,572 units. This is a significant increase from the 58,188 units sold in May 2022. The Seagull model was the best-seller, with 14,300 units sold. The other models in the OceanNet series also performed well:

  • Destroyer 05 Champion Edition: 10,457 units
  • Frigate 07: 10,005 units
  • Dolphin: 30,679 units
  • Seal Champion Edition: 8,079 units
  • 2023 e2: 4,723 units

BYD’s strong sales performance in May is a sign of the growing popularity of electric vehicles in China. In total BYD sold a record 240,220 new electric vehicles in May 2023, up 97.63% from the same month last year. This includes 239,092 cars, up 109.4% from May 2022. Of these, 119,603 were pure electric vehicles, up 94.77% from May 2022. Meanwhile, 119,489 were plug-in hybrid vehicles, up 103.89% from May 2022.

Addition to its domestic sales, BYD is also expanding its international presence. The company exported 10,203 EV’s in May, up 175.7% year-on-year. BYD is targeting global sales of 1.5 million electric vehicles by 2025, and its strong sales performance in May is a good start towards achieving this goal.

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