Core Insights - BYD reported its November 2025 production and sales figures for electric vehicles, showing a mixed performance in the market [2] Production Summary - In November, the total production of new energy vehicles was 474,175 units, down from 540,588 units in the same month last year, while the cumulative production for the year reached 4,117,552 units, representing a year-on-year increase of 7.29% [2][3] - The production of passenger vehicles in November was 469,199 units, compared to 536,926 units in the same month last year, with a cumulative production of 4,064,839 units, reflecting a year-on-year growth of 6.40% [2][3] Sales Summary - The total sales of new energy vehicles in November were 480,186 units, down from 506,804 units in the same month last year, with cumulative sales for the year reaching 4,182,038 units, marking an increase of 11.30% year-on-year [2][3] - Passenger vehicle sales in November were 474,921 units, compared to 504,003 units in the same month last year, with cumulative sales of 4,130,639 units, showing a year-on-year increase of 10.42% [2][3] Segment Performance - The production of pure electric vehicles in November was 233,631 units, up from 208,859 units year-on-year, with cumulative production reaching 2,031,189 units, a significant increase of 27.89% [3][4] - Sales of pure electric passenger vehicles in November were 237,540 units, compared to 198,065 units in the same month last year, with cumulative sales of 2,066,002 units, reflecting a year-on-year surge of 32.67% [3][4] - In contrast, the production of plug-in hybrid vehicles in November was 235,568 units, down from 328,067 units year-on-year, with cumulative production of 2,033,650 units, a decrease of 8.89% [4] - Sales of plug-in hybrid vehicles in November were 237,381 units, compared to 305,938 units in the same month last year, with cumulative sales of 2,064,637 units, a decline of 5.45% year-on-year [4] Export and Battery Installation - BYD exported a total of 131,935 new energy vehicles in November 2025 [4] - The total installed capacity of power batteries and energy storage batteries in November was approximately 27.669 GWh, with a cumulative total of about 258.282 GWh for the year [4]
比亚迪11月销售新车48.02万辆,插电车型同比降幅达22.36%