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    Apple News Facebook Twitter 新浪微博 Instagram YouTube Friday, May 10, 2024
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    BYD reports declining sales of new energy vehicles in 2020

    (Xinhua)    09:15, January 10, 2021

    BEIJING, Jan. 9 (Xinhua) -- China's leading new energy vehicle (NEV) manufacturer BYD reported a sharp drop in its NEV sales in 2020.

    BYD sold a total of 189,689 NEVs last year, down 17.35 percent from the same period in 2019, the company said in a filing with the Shenzhen Stock Exchange.

    In December last year, it sold 28,841 NEVs, up 120.18 percent compared with a year ago.

    Despite the sales slump in the NEV sector, BYD reported a sales rebound for gasoline-powered vehicles. Last year, the carmaker sold 237,283 gasoline-powered vehicles, up 2.32 percent year on year. 

    (For the latest China news, Please follow People's Daily on Twitter and Facebook)(Web editor: Hongyu, Bianji)

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