Chinese EV giant BYD sees UK sales soar by 880%
7 hours ago
- #UK Market
- #Electric Vehicles
- #BYD
- BYD's UK sales surged by 880% in September compared to the previous year, making the UK its largest market outside China.
- The plug-in hybrid version of BYD's Seal U SUV accounted for the majority of the 11,271 cars sold in the UK last month.
- UK EV sales hit a record high in September, with pure battery electric vehicles reaching nearly 73,000 units.
- The UK's lack of tariffs on Chinese EVs makes it an attractive market for BYD, unlike the EU and the US.
- BYD's market share in the UK rose to 3.6% in September, with plans to launch more hybrid and electric models.
- Despite the EV surge, petrol and diesel vehicles still dominated over half of new car sales in the UK.
- The EU and US have imposed high tariffs on Chinese EVs, citing unfair subsidies and protecting domestic industries.