Group 1 - In July, BYD achieved total sales of 344,000 new energy vehicles, a slight year-on-year increase of 1% but a month-on-month decrease of 10% [1] - Cumulative sales from January to July reached 2.49 million units, representing a year-on-year growth of 27% [1] - The decline in July sales is attributed to seasonal factors, including reduced terminal demand due to high temperatures, lower production schedules, and the end of discounts [1] Group 2 - In July, BYD exported 81,000 vehicles, a significant year-on-year increase of 169%, although it saw a slight month-on-month decline of 10% [1] - Cumulative exports from January to July totaled 545,000 units, reflecting a year-on-year growth of 133% [1] - The decrease in month-on-month exports is primarily due to increased tariffs in Brazil, which took effect in July [1] Group 3 - BYD's fifth-generation DM technology has been updated, reducing the NEDC fuel consumption to 2.6L per 100 kilometers, a decrease of 10% [2] - All models equipped with the fifth-generation DM technology will receive a free OTA upgrade to benefit from this improvement [2] - The company is expected to see steady growth in sales and profitability due to the increasing proportion of high-end products and accelerated overseas expansion [2] Group 4 - Sales projections for BYD are estimated at 4.99 million, 5.72 million, and 6.58 million units for the years 2025 to 2027, respectively [2] - Expected net profit attributable to the parent company is projected to be 50.9 billion, 62.6 billion, and 74.4 billion yuan for the same period [2]
比亚迪(002594):海外扩张加速 DM-I5.0油耗进一步降低