The Chinese New Year festivities may have temporarily slowed things down, but BYD is back in full force, posting impressive new energy vehicle (NEV) sales figures for February.
The leading NEV manufacturer saw a significant rebound, demonstrating the resilience of its market presence.
In February 2025, we achieved a total monthly sales of 322,846 New Energy Vehicles.
Let’s keep pushing forward for a more sustainable future!#BYD #BuildYourDreams pic.twitter.com/cqkCt7SB7W
— BYD Global (@BYDGlobal) March 1, 2025
February’s Stellar Performance
BYD sold a remarkable 322,846 NEVs in February. This represents a staggering 163.95% year-over-year increase and a healthy 7.42% rise from January’s figures. This surge effectively shakes off the typical post-holiday slowdown experienced by China’s auto industry, particularly following the Lunar New Year, which fell between January 28th and February 4th this year.
Passenger NEV sales followed a similar trend, reaching 318,233 units, up 161.39% year-over-year and 7.35% from January.
Commercial NEV sales saw a massive increase of 719.36% year over year in February.
Year-to-Date Growth Remains Strong
Looking at the combined January-February period, BYD’s NEV sales totaled 623,384 units, a substantial 92.52% increase compared to the same period last year.
Passenger NEV sales for the first two months are up 90.44% year over year.
Commercial NEV sales for the first two months are up 739.44% year over year.
Global Expansion Continues
BYD’s overseas markets are also thriving. February marked the third consecutive month of record-high overseas sales, with 67,025 NEVs shipped, a 187.77% year-over-year increase.
January-February overseas sales reached 133,361 units, a 124.27% year over year increase.
Brand Breakdown
The core BYD brand, encompassing the Dynasty and Ocean series, led the charge with 304,673 units sold in February, up 167.12% year-over-year.
Denza, Fang Cheng Bao, and Yangwang also contributed to the overall sales, with varying degrees of performance. While Denza and Fang Cheng Bao showed growth, Yangwang sales decreased.
BYD’s strong February performance signals a powerful start to the year. With continued growth in both domestic and international markets, the company is solidifying its position as a global leader in the NEV industry. It is worth noting that BYD made the strategic decision to cease production of internal combustion engine vehicles in 2022, solidifying its commitment to plug-in hybrid electric vehicles (PHEVs) and battery electric vehicles (BEVs).
