According to foreign media carscoops, the sales of BYD electric car in the first quarter of 2023 may exceed Tesla !


carscoops
reported that BYD has gained a lot this year due to the affordable price of many of its models and may continue to be successful in 2023, eventually surpassing Tesla in total sales of electric car . As of October, the Chinese automaker's new energy vehicle and electric vehicles shipped no less than 217,518 units. Now, the company is turning its attention to the high-end market, competing with Tesla and seeking to further increase profit .



In the future, BYD will launch two new brands, one of which is named Yangwang, and is positioned as high-end hard-core off-road brand. is expected to be launched in the first quarter of 2023, with sales targeting wealthy professionals. BYD's second new brand will be "based on highly professional and personalized logos", and the company said it will cater to the "diversified needs" of its customers. Although the outside world knows little about BYD, foreign media expects that BYD will soon launch a luxury SUV and an sports car .

foreign media claimed: "The two areas that BYD has not yet entered are the luxury SUV and sports car markets. We expect BYD to enter these two markets in 2023." "This is the two most profitable automotive fields, so the profit growth in 2023 will make investors excited."

After gradually stopping the sale of pure burn-powered models earlier this year, BYD now only sells hybrid and pure electric vehicles. Production and delivery volume reached a new high in November, with more than 230,000 vehicles, a huge increase compared with the delivery volume of less than 100,000 vehicles in the same period last year. While BYD hybrid models sell slightly higher than its electric vehicles, the automaker's pure electric vehicle sales are likely to outpace Tesla by the first quarter of next year.
Source: carscoops
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