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New Energy Vehicles

Monday
03 Mar 2025

BYD Sales Surge in February, Exports up 187% Over Last Year

03 Mar 2025  by electrek   
BYD is cementing its place as the global leader in plug-in car production with new models, innovative battery tech, and rapid global expansion plans – even in the face of tariffs. BYD’s latest accolade? Record-setting sales!

CarNewsChina reports that BYD sold 322,846 vehicles globally in February, 2025. That’s up 8.9% from the 296,446 units the company sold in January, as the Chinese New Year holiday is over – but the big news is on the export side of the equation.

BYD exported a record-breaking 67,025 vehicles to overseas markets, up an almost unbelievable 187.8% (!) year-over-year. Combined with January’s figures, that means BYD has exported 133,361 vehicles so far in 2025, marking 124% YOY growth.

BYD sales over time

The surge in BYD sales can be partially attributed to the arrival of the BYD Atto 2 compact electric crossover in Europe, which combines BYD’s Blade battery tech and e-Platform 3.0 vehicle architecture into a popular B-segment body. The Atto features an 8.8″ driver display, Apple CarPlay and Android Auto support, a panoramic sunroof, ergonomic seats, and an advanced driving assistance system (ADAS) at a not insignificant savings compared to direct competitors like the Volvo EX30.

BYD’s aggressive pricing is forcing competitors to “make desperate moves,” in some markets – up to and including massive price cuts, like the nearly $20,000 Volkswagen slashed from the ID.4’s price in a bid to keep up. At the same time, the company’s massive investment in logistics infrastructure, which includes a number of high-efficiency transport ships, mean BYD sales are just getting started.

Analysts expect BYD to sell about 5.5 million cars in 2025.

Much has been made of the coming tariffs promised by President Trump and his aromatic puppet-master, but from where I sit, the Chinese seem to be miles ahead of the US when it comes to EVs. Keeping them out of the US market may be the only realistic way for American car brands to stay in business (until they get serious about EVs, anyway).

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