Core Viewpoint - BYD reported a significant increase in sales for May, with a notable rise in electric vehicle sales, indicating strong market performance and potential growth opportunities following price reductions [1] Sales Performance - BYD's total sales in May reached approximately 382,500 units, representing an annual growth of over 15% [1] - Sales of pure electric passenger vehicles amounted to 204,400 units, showing a year-on-year increase of 39.6% [1] - Sales of plug-in hybrid vehicles were 172,600 units, reflecting a decline of 6.26% year-on-year [1] Market Impact - Citigroup estimates that following significant price cuts, foot traffic in BYD's stores could increase by 30% to 40% [1] - In April, BYD's pure electric vehicle sales in Europe were 7,231 units, marking a year-on-year growth of 169% [1] - During the same period, Tesla's electric vehicle sales in Europe were 7,165 units, experiencing a year-on-year decline of 49%, allowing BYD to surpass Tesla and improve its market ranking [1]
比亚迪公布5月销量 花旗料降价令客流量增超三成