BYD sold complete 300,000 electric vehicles in October, a new document and additional than the US managed in the complete third quarter.
BYD October EV revenue attain a document 300,000+
The world’s foremost EV creator is showing no signs of slowing down. BYD sold 490,168 new energy vehicles (NEVs) in October, up 11% from the previous twelvemonth and the company’s highest monthly total in 2026.
BYD’s power division electric vehicles drove the growth, alongside a document 305,743 units sold, up 37% twelvemonth complete twelvemonth and marking the archetypal period its EV revenue have traversed the 300,000 mark.
To put that into perspective, fair complete 262,500 EVs were sold in the US in the complete third fourth combined, according to Kelley Blue Book estimates.
October marked BYD’s sixth direct duration of higher revenue growth and its third direct duration of higher EV sales. Through October, BYD sold 1,953,700 electric vehicles, up 6% from the identical duration final year.
BYD’s all-electric vehicles (EVs) accounted for concerning 63% of total revenue final month. Plug-in hybrid vehicles, meanwhile, cut 17% in October to 177,382 units. Through October, BYD’s PHEV revenue cut 11% to 1,625,969 units.
According to BYD’s filing, the business exported 170,194 vehicles in October as it expands abroad to run growth in markets akin Europe, Southeast Asia, and Central and South America.
Through October, BYD exported complete 1.5 myriad electric and plug-in hybrid vehicles, nearly twice compared to final year.
By the end of 2026, BYD expects abroad shipments to attain concerning 2 myriad vehicles. In 2027, that figure is expected to increase to additional than 2.5 myriad vehicles.
With multiple new and updated vehicles launching alongside its new Blade Battery 2.0 and Flash Charging technology, BYD aims to continue attracting new buyers alongside longer range, faster charging, and additional tech-oriented models.
Electrek’s Take
While the US is coming off its finest fourth of the twelvemonth in EV sales, BYD’s achievement shows how far onward China is in the passage to electric vehicles.
China continues to guide the earth EV market, accounting for complete fractional of all electric cars sold worldwide.
With a motion of low-cost family brands flooding China’s market, BYD and another automakers are driving growth abroad in important markets akin Europe, South Korea, Southeast Asia, and Central and South America, anywhere bequest OEMs are already falling rearward quickly.
