Currently reading: Chinese firm BYD posts 314.9% growth in electrified vehicle sales

Shenzhen giant has sold 641,000 hybrids, plug-in hybrids and EVs so far this year as it seeks to surpass Tesla

Chinese manufacturer BYD posted a 314.9% year-on-year increase in electrified vehicle sales in June in its mission to surpass Tesla.

The company – which is based in Shenzhen and backed by American billionaire magnate Warren Buffet – sold 641,000 hybrids, plug-in hybrids and electric cars worldwide from January to June, 134,036 of those in June.

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