BYD has reported substantial increase in new energy vehicle (NEV) output for February 2025, compared to the same period last year.
The company produced a total of 334,124 NEVs in February 2025, a sharp rise from 110,474 units in February 2024. The year-to-date production reached 661,988 units from 316,062 units, reflecting a 109.45% year-on-year increase.
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Sales of NEVs in February 2025 stood at 322,846 units, compared to 122,311 in the same period last year.
Passenger vehicle production accounted for 329,211 units in February 2025, up from 109,911 units in February 2024.
Sales for passenger vehicles reached 318,233 units, compared to 121,748 in February 2024.
Battery electric vehicle (BEV) production increased to 126,419 units from 43,013 units in the same period previous year.
BEV sales in February 2025 stood at 124,902 units, up from 54,908 in February 2024.
Plug-in hybrid electric vehicle (PHEV) production saw strong growth, reaching 202,792 units in February 2025, compared to 66,898 units in February 2024.
Sales of PHEVs stood at 193,331 units in February 2025, compared to 66,840 units in February 2024.
The company’s commercial vehicle segment also experienced a significant rise.
BYD produced 4,913 commercial vehicles in the last month, compared to 563 units in February 2024.
Sales in this segment stood at 4,613 units, compared to 563 units in February 2024.
Bus production reached 453 units, compared to 201 units in February 2024. Sales figures for buses remained consistent with production, reaching 453 units compared to 201 units in February 2024.
Other commercial vehicle production increased to 4,460 units in February 2025, compared to 362 units in February 2024.
Sales for passenger vehicles reached 318,233 units in February 2025. Credit;
Last month, it was reported that BYD was set to engage with Italian auto parts makers to discuss potential supplies for its new plants in Hungary and Turkey.
