China’s BYD posts 21% jump in quarterly EV sales

BYD sold 426,039 EVs in the April to June quarter. — Reuters

BEIJING: China’s BYD posted a 21% rise in second-quarter electric vehicle (EV) sales, closing the gap on Tesla after handing back the world’s top EV vendor title to the US rival in the first quarter.

BYD sold 426,039 EVs in the April to June quarter, according to Reuters’ calculations based on its monthly sales reports. That’s around 12,000 fewer vehicles than Tesla’s estimated vehicle deliveries for the second quarter.