(Reuters) – China’s BYD Co (002594.SZ), the world’s biggest seller of battery electric vehicles (BEVs) and plug-in hybrids, sold about 3.02 million vehicles in 2023, an increase of 61.9%, it said on Monday.
The Shenzhen-based automaker said it sold about 1.6 million battery EVs as well as about 1.4 million plug-in hybrid EVs.
BYD said its battery and hybrid EV sales in December stood at 340,178 including 190,754 all-electric vehicles.
Last year, BYD announced plans to build a plant in Hungary.
Reporting by Gnaneshwar Rajan in Bengaluru; editing by Jason Neely