China’s BYD Co, the world’s biggest seller of battery electric vehicles (BEVs) and plug-in hybrids, sold about 3.02 million vehicles in 2023, an increase of 61.9%, it said on Monday.

The Shenzhen-based automaker said it sold about 1.6 million battery EVs as well as about 1.4 million plug-in hybrid EVs.

BYD said its battery and hybrid EV sales in December stood at 340,178 including 190,754 all-electric vehicles.

Last year, BYD announced plans to build a plant in Hungary.

Extracted in full from: https://www.msn.com/en-au/money/companies/chinese-ev-giant-byd-posts-62-jump-in-2023-vehicle-sales/ar-AA1mjmYQ

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