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BYD Stock Soars on Strong Deliveries. Results Show a Tough Trend for Tesla. BYD delivered 330,488 passenger vehicles in May, including 146,395 battery electric vehicles, or BEVs, and 184,093 plug-in hybrid vehicles, or PHEVs.
Electric vehicle sales are recovering in China. That’s some good news for automotive investors
starting a new month. Hybrids, however, are still outpacing all-electric vehicle sales. That can
make the coming months tougher on all-electric EV giant Tesla .
On Sunday, Chinese EV leader BYD  reported sales numbers for May. The company delivered
330,488 passenger vehicles, including 146,395 battery electric vehicles, or BEVs, and 184,093
plug-in hybrid vehicles, or PHEVs.
Total vehicle deliveries grew 6% from April and 38% from a year ago. BEV sales grew 8% compared
with April and 22% from a year ago. PHEV sales grew 4% compared with April and 54% from a year ago.
So far in 2024, BYD has sold 1,266,934 cars, up 27% compared with the same span of 2023. BEV sales
totaled 580,974, up 19%. PHEV sales totaled 685,960, up 35%.
barrons.com - Byd may deliveries EV china tesla
