Warren Buffett-backed BYD sold fewer all-electric cars than before the pandemic

CNBC2021-07-06

BEIJING — Chinese automaker BYD sold fewer all-electric passenger cars in the first six months of this year than the same period in 2019, before the coronavirus pandemic. The company, backed by U.S. ...

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Comments

Tomatoes
2021-07-06
Tomatoes
why not NIO?
- iisterry:
  Because NO
Roxx
2021-07-06
Roxx
Good

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That contrasted with a recent trend of BYD's all-electric cars outselling hybrid ones.\nPassenger car sales in China likely fell 14.9% in June from a year ago, the China Association of Automobile Manufacturers said Monday. Vehicle sales overall likely fell to 1.93 million units in June, a decline of 16.3% year-on-year and down 9.5% from the prior month, the association said.\nThe figures indicate China's vehicle sales still rose over the last two years.\nBased on the association's estimate, data from Wind shows China would have sold 12.8 million vehicles in the first half of 2021. 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