UK becomes BYD’s largest international market after sales surge
https://www.ft.com/content/8eb39d5f-724b-4679-aaab-710ae633882a
Posted by Sartew
UK becomes BYD’s largest international market after sales surge
https://www.ft.com/content/8eb39d5f-724b-4679-aaab-710ae633882a
Posted by Sartew
9 Comments
BYD Sales Increase Ten-Fold
The company sold 11,271 vehicles in the UK during September, much higher than the 1,150 units it sold in the region during September last year, The Financial Times reported on Monday. BYD’s current EV market share in the UK stands at 3.6%, second to Tesla, the report said.
The company aims to become the UK’s biggest EV and PHEV company, with the UK manager Bono Ge saying that BYD wants “to see steady growth and . . . we want people to see we are a technology company,” the report said.
BYD’s UK Growth, Tesla’s Sales Fall
The news comes as BYD had recorded a more than 300% surge in the UK during July, selling 3,184 units in the country, with rival Tesla selling 987 units during the same period in the region, down from 2,462 units in the UK last year.
Tesla’s sales also fell by more than 25% in the Italian market, according to data released by the authorities in Italy, as the EV giant sold 1,450 units in the region during September.
The government needs to attract BYD to build here in Britain using carrot & stick approaches. We need the manufacturing jobs.
I suspect the cars are heavily subsidised by the Chinese state. Meant to be OK cars though for the money….
I wonder if Elons antics haven’t done BYD a massive favour.
Buy Chinese goods, wonder why the UK and European economy is not growing.
Anecdotal but this time last year I’m not sure I would have seen one on the road before but now they’re probably as common as a Volvo.
Cheaper than a Tesla, more choice than a Tesla, not obviously worse than a Tesla, not made by Musk.
I’m not surprised. They don’t just do square boxes and have compelling alternatives to full EVs.
I like BYD, when I finally retire the diesel it’s likely I will go for this brand. However the expensive car tax needs to change before I purchase an EV as the models with decent range tend to be over £40k when new.