Summary
In September, BYD, a Chinese electric vehicle company, saw its sales in the UK increase by 880% compared to the same month in the previous year. The UK is now BYD's largest market outside of China, partly because the UK does not impose tariffs on Chinese electric vehicles like the US and EU do.
Key Facts
- BYD's sales in the UK grew by 880% in September compared to last year.
- The company sold 11,271 cars in the UK in September, with the Seal U model leading sales.
- The UK does not have tariffs on Chinese electric vehicles, unlike the US and EU.
- BYD's share of the UK car market increased to 3.6% in September.
- The company plans to launch more hybrid and electric cars in the UK soon.
- BYD recently opened its 100th retail outlet in the UK.
- Sales of electric vehicles in the UK reached a record high in September.
- Despite increased EV sales, petrol and diesel cars still made up more than half of new UK car sales last month.
