The last BYD passenger car without a plug rolled off the line in China at the end of February. Since then, every one built has been either a plug-in hybrid or a battery-electric car, according toThere was no official announcement from BYD at the time, but now the company has acknowledged the change in policy, saying it is “in line with strategic development requirements.
Eliminating conventional gasoline-powered cars from its vehicle lineup should have limited impact on the company’s sales figures. In February, BYD sold 90,268 passenger cars, of which 87,473 were NEVs, meaning 96.9% of all BYD cars sold that month had an electric motor in the drivetrain. The latestshow 106,658 new energy vehicles were sold by BYD. 106,118 of them were passenger cars and 540 were commercial vehicles. Gasoline only sales were listed as zero in a stock exchange filing.
This doesn’t mean BYD won’t manufacture gasoline engines any longer. All those plug-in hybrids will have a gas engine, and production of component parts to support the company’s obligation to support the needs of existing owners with gasoline engines will continue for the time being.says the move was not completely unexpected. Last year, BYD CEO Wang Chuanfu told the press the general trend toward new energy vehicles replacing pure combustion vehicles “is already set” by the.
This may not be Earth-shattering news, but it is one more sign the EV revolution is moving relentlessly forward — faster in some markets and slower in others , but happening nonetheless and accelerating all the time. That is welcome news indeed.
I want to see articles like this. Not 'will end in 2030' or 'thinking of ending' just 'ended'
Beginning of the S-curve. Exponential growth of electric vehicle.
Can’t wait to see this headline for Ford Toyota GM and VW
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