{"id":35611,"date":"2024-07-08T05:15:00","date_gmt":"2024-07-08T10:15:00","guid":{"rendered":"https:\/\/latamobility.com\/?p=35611"},"modified":"2024-07-08T06:25:26","modified_gmt":"2024-07-08T11:25:26","slug":"byd-records-21-increase-in-electric-vehicle-sales","status":"publish","type":"post","link":"https:\/\/latamobility.com\/en\/byd-records-21-increase-in-electric-vehicle-sales\/","title":{"rendered":"BYD Records 21% Increase in Electric Vehicle Sales"},"content":{"rendered":"\n<p><strong>BYD posted a 21% increase in electric vehicle sales<\/strong> in the second quarter of 2024, closing the gap with Tesla after handing back the title of the world&#8217;s top EV seller to its U.S. rival in the first quarter.<\/p>\n\n\n\n<p>According to <strong>a <em>Reuters <\/em>report<\/strong>, the Asian brand sold 426,039 electric vehicles in the April-June quarter.<\/p>\n\n\n\n<p>This is <strong>nearly 18,000 fewer vehicles<\/strong> than Tesla&#8217;s vehicle deliveries in the second quarter, but much less than the difference of more than 86,000 in the previous quarter.<\/p>\n\n\n\n<p>Tesla&#8217;s second-quarter <strong>deliveries fell 4.8%,<\/strong> less than expected, to 443,956 vehicles on Tuesday, but it was still the first time the U.S. firm posted two consecutive quarters of declines.<\/p>\n\n\n\n<p><strong>You may also read:<\/strong> <a href=\"https:\/\/latamobility.com\/en\/byd-could-expand-operations-in-latin-america\/\"><strong>BYD Could Expand Operations in Latin America<\/strong><\/a><\/p>\n\n\n\n<figure class=\"wp-block-image size-large\"><img fetchpriority=\"high\" decoding=\"async\" width=\"1024\" height=\"572\" src=\"https:\/\/latamobility.com\/wp-content\/uploads\/2024\/07\/BYD-2-1024x572.jpg\" alt=\"\" class=\"wp-image-35616\" srcset=\"https:\/\/latamobility.com\/wp-content\/uploads\/2024\/07\/BYD-2-1024x572.jpg 1024w, https:\/\/latamobility.com\/wp-content\/uploads\/2024\/07\/BYD-2-300x168.jpg 300w, https:\/\/latamobility.com\/wp-content\/uploads\/2024\/07\/BYD-2-768x429.jpg 768w, https:\/\/latamobility.com\/wp-content\/uploads\/2024\/07\/BYD-2.jpg 1280w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><figcaption class=\"wp-element-caption\">BYD<\/figcaption><\/figure>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-outlook-in-asia\"><strong>Outlook in Asia<\/strong><\/h2>\n\n\n\n<p><strong>Tesla&#8217;s sales of China-made electric vehicles <\/strong>in June fell 24.2% from a year earlier to 71,007, according to data from the China Passenger Car Association (CPCA), extending a year-on-year decline for a third month.<\/p>\n\n\n\n<p>Tesla has hit a bump after years of rapid growth that helped it become the world&#8217;s most valuable automaker.<\/p>\n\n\n\n<p>It warned in January that delivery growth in 2024 would be &#8220;<strong>markedly lower&#8221;<\/strong> as momentum from months-long price cuts faded.<\/p>\n\n\n\n<p>The electric vehicle maker has cut production of its <strong>best-selling electric car<\/strong>, the Model Y, by a double-digit percentage at its Shanghai &nbsp;plant since March to address weakening demand for its older models in China, its second-largest market after the United States, <strong>Reuters reported in May.<\/strong><\/p>\n\n\n\n<p>In comparison, <strong>its main Chinese competitor, BYD<\/strong>, maintained steady growth in electric vehicle sales, while emerging companies such as Nio, posted accelerated growth last quarter.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>BYD posted a 21% increase in electric vehicle sales in the second quarter of 2024, closing the gap with Tesla after handing back the title of the world&#8217;s top EV seller to its U.S. rival in the first quarter. According to a Reuters report, the Asian brand sold 426,039 electric vehicles in the April-June quarter&#8230;.<\/p>\n","protected":false},"author":10,"featured_media":35614,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_kad_post_transparent":"","_kad_post_title":"","_kad_post_layout":"","_kad_post_sidebar_id":"","_kad_post_content_style":"","_kad_post_vertical_padding":"","_kad_post_feature":"","_kad_post_feature_position":"","_kad_post_header":false,"_kad_post_footer":false,"_kad_post_classname":"","footnotes":""},"categories":[2054],"tags":[1415],"class_list":["post-35611","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-electric-mobility","tag-byd"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v22.7 (Yoast SEO v27.1.1) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>BYD Records 21% Increase in Electric Vehicle Sales - Latam Mobility<\/title>\n<meta name=\"description\" content=\"BYD posted a 21% increase in electric vehicle sales in the second quarter of 2024, closing the gap with Tesla after handing back the title of the world&#039;s\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/latamobility.com\/en\/byd-records-21-increase-in-electric-vehicle-sales\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"BYD Records 21% Increase in Electric Vehicle Sales\" \/>\n<meta property=\"og:description\" content=\"BYD posted a 21% increase in electric vehicle sales in the second quarter of 2024, closing the gap with Tesla after handing back the title of the world&#039;s\" \/>\n<meta property=\"og:url\" content=\"https:\/\/latamobility.com\/en\/byd-records-21-increase-in-electric-vehicle-sales\/\" \/>\n<meta property=\"og:site_name\" content=\"Latam Mobility\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/latamobility\/\" \/>\n<meta property=\"article:published_time\" content=\"2024-07-08T10:15:00+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2024-07-08T11:25:26+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/latamobility.com\/wp-content\/uploads\/2024\/07\/BYD-1-1.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1280\" \/>\n\t<meta property=\"og:image:height\" content=\"715\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Antonio Vilela\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@LataMobility\" \/>\n<meta name=\"twitter:site\" content=\"@LataMobility\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Antonio Vilela\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/latamobility.com\/en\/byd-records-21-increase-in-electric-vehicle-sales\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/latamobility.com\/en\/byd-records-21-increase-in-electric-vehicle-sales\/\"},\"author\":{\"name\":\"Antonio Vilela\",\"@id\":\"https:\/\/latamobility.com\/#\/schema\/person\/fda092a2de1f87d347784282908bad1a\"},\"headline\":\"BYD Records 21% Increase in Electric Vehicle Sales\",\"datePublished\":\"2024-07-08T10:15:00+00:00\",\"dateModified\":\"2024-07-08T11:25:26+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/latamobility.com\/en\/byd-records-21-increase-in-electric-vehicle-sales\/\"},\"wordCount\":276,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\/\/latamobility.com\/#organization\"},\"image\":{\"@id\":\"https:\/\/latamobility.com\/en\/byd-records-21-increase-in-electric-vehicle-sales\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/latamobility.com\/wp-content\/uploads\/2024\/07\/BYD-1-1.jpg\",\"keywords\":[\"BYD\"],\"articleSection\":[\"Electric Mobility\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/latamobility.com\/en\/byd-records-21-increase-in-electric-vehicle-sales\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/latamobility.com\/en\/byd-records-21-increase-in-electric-vehicle-sales\/\",\"url\":\"https:\/\/latamobility.com\/en\/byd-records-21-increase-in-electric-vehicle-sales\/\",\"name\":\"BYD Records 21% Increase in Electric Vehicle Sales - 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