By Michael Elkins
BYD (SZ:002594), a Chinese electric vehicle maker backed by Warren Buffet, released a report on Friday showing a strong increase in deliveries for the month of November despite China reeling under the impact of COVID-19. The automaker’s November battery EV deliveries came in at 113,915 units, a 147% increase compared to the same time last year and a 10.4% month-over-month gain.
BYD sold 116,027 units of plug-in hybrids, up from 43,984 units in the same period last year. The deliveries of BEVs and plug-ins, taken together, totaled 229,942, up from 90,121 in November 2021 and 217,518 in the previous month.
The company noted that its overseas sales of new energy vehicles, comprising both BEVs and plug-ins, came in at 12,318 units, up from 9,529 in October.
Source: investing.com