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NEWS

2022, the year of the explosion of new energy vehicle sales

2022 was the year when new energy vehicle sales exploded, and in 2023, new energy vehicles are likely to continue in the high growth channel.

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Lithium carbonate prices plunge

In addition to the tiger eye competitors, the battery raw material lithium carbonate price decline, also quite unfavorable to BYD.

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Specifically, BYD is worthy of attention in March is the Tenshi

Specifically, BYD's March is noteworthy for the Tenshi D9's monthly sales breaking 10,000 and orders exceeding 60,000. As a new energy MPV with an average price of more than 400,000 yuan, Tenshi D9 sales reached 10,398 units in March 2023, up 41.95% YoY. In March 2023, Azure delivered 10,378 new cars, Xiaopeng delivered 7002 new cars and Ideal delivered 20,823 new cars.

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Monthly sales of 200,000, BYD products towards differentiation

BYD's competitive advantage is being challenged by the big increase in sales. New energy vehicle demand is sluggish, lithium carbonate prices have plummeted, and the battery market is gradually turning into a buyer's market. The BYD, which produces its own batteries, has been affected in terms of cost advantages.

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