Tesla Rival BYD Marks 68% Growth In November Sales Driven By Popularity Of Plug-In Hybrid EVs
Tesla Rival BYD Marks 68% Growth In November Sales Driven By Popularity Of Plug-In Hybrid EVs
The company also sold 2,801 commercial vehicles in November, including 449 buses.Chinese EV giant BYD Co Ltd. (OTC:BYDDY) (OTC:BYDDF) said on Sunday that the company sold 506,804 new energy passenger vehicles in November, marking a jump of nearly 68% from last year, thanks to a major jump in plug-in hybrid passenger vehicle sales.
中國新能源汽車巨頭比亞迪股份有限公司（BYD）在週日表示，該公司在11月銷售了506,804輛新能源乘用車，較去年同期增長近68%，這主要得益於插電混動乘用車銷量大幅增長。
What Happened: Pure passenger EV (battery electric vehicle) sales of the Chinese player rose to 198,065 in November, marking a rise of 16.4% from the corresponding month of last year.
事件詳情：中國廠商的純電動乘用車銷量在11月上升至198,065輛，較去年同期增長16.4%。
Plug-in hybrid passenger vehicle sales in the period rose 133% to 305,938 units.
該時期插電混動乘用車銷量上升133%至305,938輛。
The company also sold 2,801 commercial vehicles in November, including 449 buses.
該公司還在11月銷售了2,801輛商用車，其中包括449輛公交車。
Why It Matters: BYD is the biggest rival to American EV giant Tesla Inc. (NASDAQ:TSLA). The company took over Tesla as the world's largest BEV seller in the fourth quarter of 2023. However, Tesla took back the crown in the first quarter of 2024 and has been holding on to it since.
爲什麼重要：比亞迪是美國電動車巨頭特斯拉公司（納斯達克股票代碼：TSLA）最大的競爭對手。該公司在2023年第四季度取代特斯拉成爲全球最大的純電動乘用車銷售商。然而，特斯拉在2024年第一季度奪回了冠軍，並自那時起一直保持領先地位。
For the third quarter between July and September, BYD's operating revenue rose 24% to 201.12 billion yuan ($28.25 billion), the company said in a filing.
對於7至9月這個第三季度，比亞迪的營業收入增長了24%，達到2011.2億元人民幣（282.5億美元），該公司在提交的文件中表示。
Tesla, meanwhile, reported a total revenue of only $25.18 billion in the same quarter, making it the first time since 2022 that BYD has trumped Elon Musk's EV giant in quarterly revenue. BYD stopped making combustion engine vehicles in March 2022 to focus on electric vehicles.
與此同時，特斯拉在同一季度只報告了251.8億美元的總收入，這是自2022年以來比亞迪首次在季度收入方面勝過埃隆·馬斯克領導的電動汽車巨頭特斯拉。比亞迪已於2022年3月停止生產燃油發動機車輛，以專注於電動汽車。
Despite reporting higher revenue than Tesla in the third quarter, BYD's net profit continued to trail behind Tesla's net income of $2.167 billion. The company reported a diluted earnings per share of 4 yuan (56 cents) for the quarter, lower than Tesla's adjusted earnings per share of 72 cents. Tesla, however, makes only battery electric vehicles, unlike BYD which also manufactures plug-in hybrids.
儘管在第三季度報告的營業收入高於特斯拉，但比亞迪的淨利潤仍繼續落後於特斯拉的淨利潤21.67億美元。該公司報告該季度每股攤薄收益爲4元（56美分），低於特斯拉的調整後每股收益72美分。然而，特斯拉只生產純電動汽車，而比亞迪也製造插電混動汽車。
BYD Executive Vice President He Zhiqi said on Weibo in November that the company hired over 200,000 people from August to October for car and components manufacturing and increased production by nearly 200,000 vehicles.
比亞迪執行副總裁何志奇在2023年11月份的微博上表示，該公司從8月至10月爲汽車和元件製造業招聘了超過20萬名員工，並將產量增加了將近20萬輛車。
In November alone, the company made 540,588 new energy vehicles as compared to 316,510 in the corresponding month of 2023.
僅僅在11月，該公司製造了540,588輛新能源車，相比於2023年同月的316,510輛。
Check out more of Benzinga's Future Of Mobility coverage by following this link.
查看更多Benzinga的未來出行報道，請點擊此鏈接。
- FAA Invites Comments On Increasing SpaceX's Starship Launches By 5X To 25 Next Year
- 美國聯邦航空局邀請評論，計劃明年將spacex(臨時代碼)的Starship發射次數增加5倍，達到25次。
Photo courtesy: Shutterstock
照片提供：shutterstock
