Home Technology peripherals It Industry BYD's Honor Edition helps monthly sales exceed 300,000, with Dynasty and Ocean Network becoming the main sales force

BYD's Honor Edition helps monthly sales exceed 300,000, with Dynasty and Ocean Network becoming the main sales force

Apr 07, 2024 pm 04:22 PM
BYD

According to news on April 7, in March, BYD’s monthly sales once again exceeded the 300,000 mark with the strong boost of all Honor Edition models and its advantages of low power consumption and strong power. Compared with In February, the growth rate was as high as 147.8%. This sales performance demonstrates BYD's strong competitiveness and deep brand strength in the domestic automobile market.

BYDs Honor Edition helps monthly sales exceed 300,000, with Dynasty and Ocean Network becoming the main sales force

BYD's Dynasty Network and Ocean Network product series still remain the main sales force, with total sales reaching 286,712 vehicles, accounting for 94% of total sales. This significant increase in monthly sales is inseparable from the recent launch of BYD's "Glory Edition" models. In particular, the Qin PLUS DM-i Honor Edition, with a starting price of only 79,800 yuan, has strong sales momentum, helping BYD quickly clear inventory in 4S stores across the country, and even leading a new trend of price wars in the entire automobile industry.

BYDs Honor Edition helps monthly sales exceed 300,000, with Dynasty and Ocean Network becoming the main sales force

Recent data shows that the 100,000-class sedan market still occupies an important share in the automobile market. Qin PLUS has successfully won the top sales spot in the compact market with its excellent cost performance and strong market competitiveness, with monthly sales exceeding 40,000 units, winning BYD a wide market share. In addition to Qin PLUS and DM-i Honor Edition, Honor Editions have also been launched for Song, Tang, Han, Destroyer 05, Dolphin, Seagull and other models. Moreover, the sales volume of Song series, Yuan series, and Seagull models in March each exceeded 30,000 units. It can be said that BYD's "Glory Edition" model has become an advantage with excellent cost performance.

BYDs Honor Edition helps monthly sales exceed 300,000, with Dynasty and Ocean Network becoming the main sales force

BYDs Honor Edition helps monthly sales exceed 300,000, with Dynasty and Ocean Network becoming the main sales force

At the same time, BYD’s performance in the high-end market is equally eye-catching. Brands such as Denza, Fangfangbao and Yangwang have also achieved impressive sales results. According to the editor's understanding, Denza Motors' sales in March reached 1.0102 million units, Fangbao Motors' sales reached 350,000 units, while the sales of Yangwang Automobiles were only 101,000 units. Especially looking forward to the monthly sales of U8 exceeding 1,000 units and reaching 1,090 units. This achievement is undoubtedly an important milestone for the Chinese automobile industry.

BYDs Honor Edition helps monthly sales exceed 300,000, with Dynasty and Ocean Network becoming the main sales force

The main sales force of Denza Motors is still the MPV model Denza D9, which accounts for 97% of its sales. As a domestic MPV model, the monthly sales of Denza D9 bicycles exceed 10,000 yuan, opening a new chapter for its own brand. Fangbao Motors’ first model, Fangbao 5, has also won wide recognition in the market with its excellent off-road performance and comfortable new energy experience.

BYDs Honor Edition helps monthly sales exceed 300,000, with Dynasty and Ocean Network becoming the main sales force

Look up to the brand’s performance as well. As an ultra-luxury model priced at 1.098 million, the monthly sales volume of U8 has reached the level of 1,000 units, which is a shocking result in the ultra-luxury car market. With its excellent performance and domineering appearance design, U8 is gradually becoming a new choice for high-end consumers.

BYD’s strong sales momentum in March may be just the beginning. With the gradual upgrading of BYD's DM5.0 system and the launch of more new models, it is believed that its sales will further increase, with monthly sales of 300,000 vehicles expected to become BYD's "new normal."

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