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New energy vehicle sales surge

Writer: Xia Yuanjie  |  Editor: Zhang Chanwen  |  From: Shenzhen Daily  |  Updated: 2022-10-12

Shenzhen's new energy vehicle (NEV) sales this year had reached 158,300 units as of Sept. 27, up 31.35 percent year on year, Shenzhen Special Zone Daily reported.

With new subsidies and stimulus policies in place, the city’s vehicle market rebounded in both production and sales.

Shenzhen’s electric car maker BYD said last week that its sales of NEVs hit 1.18 million units in the first nine months of the year, breaking the 1 million mark. Its nine-month sales rose by 249.56% from a year earlier.

The company also reported that it sold 201,300 NEVs in September, a year-on-year growth of 183.07%, and it manufactured 204,900 NEVs, a year-on-year rise of 118.12%.

Statistics showed BYD sold 7,736 new energy passenger cars overseas in September alone.

BYD is accelerating its pace to go global by entering the passenger vehicle market in Japan this year. The firm also delivered NEVs to several European countries, including France, Norway, Denmark, Sweden, the Netherlands, Belgium and Germany.