BYD yearly sales to top 400,000 vehicles
Whilst car makers the world over languish with poor sales, a new upstart from Shenzhen China is posting record sales.
Shenzhen based BYD is expected to post yearly sales of over 400,000 vehicles this year, with January to September sales sitting at nearly 300,000 vehicles. BYD seem confident that they can push a further 100,000 sales in the last months of 2009. BYD’s January to September sales are 170.2% higher than 2008 sales over the same period, which makes BYD the fastest developing car manufacturer in the Chinese marketplace.
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For BYD the important numbers are the “new energy” car numbers. But those numbers of the F3DM and all, seem so muted……
Yes I agree dragin, the electric car is the future. Warren Buffet, the richest man in the world knows this and has invested in BYD. If China wants to be free of dependence on foreign oil like the United States is they must develope the electric car, battery technology and solar energy to power these things.
BYD will outsell Hyundai in China, but not this year. It sure helps when the Beijing gov’t backs Hyundai as a joint partner.