5.3 C
New York
Saturday, March 2, 2024

Warren Buffett-backed BYD’s new luxury sedan jumped into the top 10 electric cars sold in China last year

  • Less than six months after Chinese automaker BYD launched its "Han" luxury electric sedan, the car leaped into eighth place among the best-selling new energy vehicles in the country last year, according to data from China's Passenger Car Association out late Tuesday.
  • The new energy category includes electric and plug-in hybrid power sources.
  • Tesla's Model 3 sedan held the top spot for both December and the entire year, selling more than 137,000 vehicles in 2020, according to the report.

In this article

Customers view a BYD Han electric vehicle at a shopping mall on July 12, 2020 in Hangzhou, China.Long Wei | Visual China Group | Getty Images

BEIJING — As China's electric car market heats up, Tesla and BYD are among the winners, data for 2020 sales show.

Less than six months after Chinese automaker BYD launched its "Han" luxury electric sedan, the car leaped into eighth place among the best-selling new energy vehicles in the country last year, according to data from China's Passenger Car Association out late Tuesday. The new energy category includes electric and plug-in hybrid power sources.

BYD, which is backed by American billionaire Warren Buffett, has said sales of the Han sedan have increased every month since deliveries began in August. The sedan comes in both pure electric and plug-in hybrid versions.

Related Articles

Latest Articles