text: Original by Dongchedi Li Shuaifei
[Original by Dongchedi Industry] Recently, BYD announced that through cooperation with local dealer MSM Group, its new energy vehicle model Yuan PLUS (locally named ATTO 3) has officially landed in the Mongolian market.
Picture source: BYD
It is understood that BYD entered the Mongolian passenger car market in 2020, and has successively sold T3, Tang EV, Han EV, Dolphin and other models locally, with a relatively rich product matrix. Official data from BYD shows that BYD currently has 87% of the new energy vehicle market in Mongolia and 58% of the pure electric vehicle market in Mongolia.
Public information shows that as of the end of March 2022, Mongolia has registered 1.2 million cars, more than half of which are registered in the Mongolian capital Ulaanbaatar . However, Mongolia's new energy vehicles account for a very small proportion, so there is still a lot of room for development.
It is worth mentioning that after BYD Yuan PLUS was launched in China in February 2022, it has continued to go overseas with BYD's internationalization strategy of new energy passenger cars. It has now landed in Australia, New Zealand , Singapore , Germany, Thailand, India and other markets.
BYD Yuan PLUS
In recent years, with the improvement of its own technical product strength and brand strength, BYD has gradually increased its global layout, especially in the second half of 2022, BYD accelerated its entry into the global market, and its new energy vehicles represented by Yuan PLUS have successively entered the overseas market.
In addition, the latest data released by BYD shows that as of September 2022, BYD's cumulative sales of new energy vehicles exceeded 2.6 million, covering more than 70 countries and regions on six continents around the world, covering more than 400 cities.