BYD sold 1.57 million EVs in 2023, up 73% from 2022

BYD sold 1.57 million EVs in 2023, up 73% from 2022

BYD has officially announced its sales numbers for the whole of 2023 and it reads as such: 3,024,417 units sold, including 1,574,822 EVs. Total sales have jumped 61.9% compared to 2022 (1,863,494 units) – surpassing BYD’s three million target that was deemed overly ambitious at first – while the EV portion has grown even more by 72.8% (vs 911,140 in 2022).

Notably, BYD has completed its transition into an NEV-only brand, having registered zero sales of ICE vehicles (it sold 5,049 “oil-fueled” cars in 2022). NEV or New Energy Vehicles is a term coined in China for electrified cars, including hybrid (HEV), plug-in hybrid (PHEV) and battery electric vehicles (BEV), though BYD has stopped producing HEVs entirely too.

Known outside of China as an EV-only entity, BYD’s rapid sales growth is nothing short of astonishing, especially so when it’s building on already-impressive 2022 figures. EVs now make up more than half of the brand’s total sales (just, at 52.1%), and is expected to grow even more in the coming year.

BYD sold 1.57 million EVs in 2023, up 73% from 2022

Part of that success is achieved out of its home country too, with 242,766 EVs sold in markets outside China. This translates to an incredible 334% year-on-year increase on exports, with 2023 numbers alone surpassing BYD’s total overseas sales over the previous two decades.

A total of 367,419 units of the BYD Dolphin were sold globally last year, making it the brand’s strongest-performing EV model. Sales figures for the Atto 3 is not available as of yet, as the model is combined into the Yuan-series total (428,580 units, including the smaller Yuan Pro). However, the Atto 3 is said to be BYD’s best-performing export model.

BYD sold 1.57 million EVs in 2023, up 73% from 2022

The larger, more premium BYD Seal had a decent first full-year too, with 127,323 units sold including export markets. The Seagull on the other hand, BYD’s entry-level EV that will likely stay in China only for now, sold an impressive 280,217 units since its market entry in mid-2023.

Here in Malaysia, both the Atto 3 and Dolphin are among the best-selling EVs in the market, with the Seal expected to arrive very soon to rival the Tesla Model 3.

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Hafriz Shah

Preferring to drive cars rather than desks, Hafriz Shah ditched his suit and tie to join the ranks of Malaysia’s motoring hacks. A car’s technical brilliance is completely lost on him, appreciating character-making quirks more. When not writing this ego trip of a bio, he’s usually off driving about aimlessly, preferably in a car with the right combination of three foot pedals and six gears.

 

Comments

  • President Xi on Jan 03, 2024 at 12:55 pm

    China numba one, Malaysia numba last

    Like or Dislike: Thumb up 4 Thumb down 1
    • Tesla Malaysia has worst service on Jan 03, 2024 at 10:07 pm

      I booked my car on 1/9/23. I am able to get the car in Dev 23 but had requested to take the delivery in Jan 24. We all know it is not worth to take a car for few weeks and entered into new year.

      Since Sept. I have got 3 delivery advisor. The last delivery advisor by name of Redza been requested to change by me since he did not bother to reply any queries.

      My experience dealing with Tesla Malaysia is really bad. There is lacking of customer service, no firm delivery, nothing can be controlled in country. Must report to Tesla Hong Kong. My RN is 119864263.

      It is not surprise that BYD will take over Tesla due to its poor service.

      Like or Dislike: Thumb up 5 Thumb down 0
    • Correction on Jan 04, 2024 at 9:07 am

      When China numba 1, Malaysia will also naik. China is pro palestine. Kawan baik. If USA numba 1, seluruh dunia numba last

      Like or Dislike: Thumb up 3 Thumb down 0
  • Bangkok on Jan 03, 2024 at 5:03 pm

    This car KO the Tesla model 3 highland in Tomyam land already

    Like or Dislike: Thumb up 11 Thumb down 0
  • Please bring in Song-L as well

    Like or Dislike: Thumb up 5 Thumb down 0
  • Bangkok on Jan 03, 2024 at 8:29 pm

    Give the model Y a chance don’t bring in the Song-L

    Like or Dislike: Thumb up 2 Thumb down 1
  • fadzilli haji Ahmad on Jan 04, 2024 at 7:58 am

    Chinese cars sales are all fake. theey make up the numbers as they dont sell direct to customers like Tesla. they simply deliver cars to their china dealers and either take the cash or on consignment and dealer sell some and dump the rest in EV graveyards. number of cars delivered to actual customers are far less as Chinese customers prefer branded cars rather than sub standard China EVs. make a Trip to China and you will see the truth.

    Like or Dislike: Thumb up 3 Thumb down 5
    • As Fake as your name? on Jan 04, 2024 at 5:51 pm

      Their cars sales number is as fake as your name thambi?

      Like or Dislike: Thumb up 2 Thumb down 0
      • fadzilli haji Ahmad on Jan 05, 2024 at 7:25 am

        cybertrooper no need to argue with. every car person know China fakes its sales numbers. only NIO is correct since they sell direct to customers like Tesla.

        Like or Dislike: Thumb up 0 Thumb down 3
  • Bangkok on Jan 04, 2024 at 8:26 pm

    Byd cars come with the best battery in the world and the seal’s battery is build cell to body tech incorporated into the engineering process thus well balance if I were to go out and see they are everywhere but Tesla though 2 years ahead in Thailand than Byd I rarely see one on the road

    Like or Dislike: Thumb up 2 Thumb down 0
 

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