The UK has become the largest international market in BYD after increasing sales

Photo of author

By [email protected]


Stay in view of the free updates

The UK became the largest BYD market outside China after sales exceeded 10 times in September, despite the exclusion of the largest electric car manufacturer in the world from the new support plan for the government.

BYD said on Monday that it sold a record 11271 cars in the United Kingdom last month, compared to 1150 in the same month last year. The Chinese auto industry company, which undermines most of its competitors on the price, witnessed that its market share jumps to 3.6 percent in September, which placed in second place behind Tesla in terms of EV sales.

UK government in July A grant of 650 million pounds announced It is designed to enhance electric car sales, but the cars that were made in China were excluded due to the emissions produced in the manufacturing process.

I previously told the Financial Times The plan was “stupid”Saying that discounts will work like a “drug” that would harm the UK market in the long run.

However, discounts, which reach 3,750 pounds per car, helped increase the total EV sales in the United Kingdom to a monthly record in September.

Vehicles operating with batteries represent 22 percent of new auto records in the United Kingdom so far in 2025 after sales of 29 percent to 72779 in September, according to the Association of Automotive Manufacturers and Traders. But that was still less than 28 percent required this year under the governmental authorization of the government.

The ministers are explicitly designed the support plan to try to help local car makers face Chinese competitors, which can produce cheaper vehicles and reduce the price.

However, the main manufacturers in Britain are still in the struggle. Nissan, which owns the largest factory in the United Kingdom, reduces its global operations due to financial difficulties, while the production of Jaguar Land Rover has stopped in the wake of a forced cybrani attack Approval of saving A loan guarantee of a value of 1.5 billion pounds.

At the same time, BMW has Delayed investment plans 600 million pounds in its micro -factory in Oxford to re -provide electrical models, and has resulted in some workers from the site.

The rapid growth of BYD comes in the United Kingdom and Europe as the demand for the local market in China slowed down, with sales decreased in September for the first time in 19 months.

The state -owned Chinese Chery group, which produces EVS and hybrids under the omoda and Jaecoo brands, is one of the fastest EV manufacturers in the United Kingdom. The JaCoo 7 Sport Utility was the fourth best in the United Kingdom in September.

The executive directors of cars expressed his warning of the expansion of Chinese brands in Europe. Lynn Caldr, CEO of Sir Ratcliffe Cars Group in Sir Ratcliffe said that Europe “opened the door to cheap and impressive Chinese cars that, if we were not careful, will take responsibility.”

A BYD electric vehicle displayed under blue lighting at the iaa Mobility 2025, with a prominent BYD logo behind it.
The Chinese car maker says it contains ambitions to become the largest EV company and a vehicle reward in the United Kingdom in the United Kingdom © Getty Images

Bono GE, the rural director of the United Kingdom and Ireland, said in an interview with The Financial Times that the company has ambitions to become the largest EV company and hybrid components in the United Kingdom.

“We want to see a steady growth and … we want people to see that we are a technology company,” GE said, adding that BYD will bring high charging technology to the United Kingdom and other parts of Europe next year.

BYD sales in China fell by 5.5 percent year on an annual basis last month, amid government pressure to curb the cut price competition that eroded industry profits. The group also reduced its global sales goal for this year to 4.6 million vehicles, a decrease from 5.5 million.

CLSA estimates that the profits of international sales will achieve more than half of the total BYD profits for the first time next year.

Although domestic demand slows down, BYD is still ahead of its competition in the United States in the global EV sales, as it has been sold 1.6 million vehicles so far this year, compared to 1.2 million from the ELON Musk Group, according to the numbers mentioned by each company.



https://images.ft.com/v3/image/raw/https%3A%2F%2Fd1e00ek4ebabms.cloudfront.net%2Fproduction%2Faaffc009-5d04-4f78-bfd9-f3255a606883.jpg?source=next-article&fit=scale-down&quality=highest&width=700&dpr=1

Source link

Leave a Comment