BYD reports record sales in ‘really strong’ period

AUTOEXEC SUMMARY

Chinese giant BYD is challenging Tesla with record sales, suggesting strong Australian demand for electric vehicles. David Smitherman, CEO of BYD importer EVDirect, reports the brand’s best-ever month, contradicting claims of a struggling EV market. BYD sold over 1900 vehicles in May, surpassing its previous record. Despite Tesla, Ford, Renault, Peugeot, and Polestar cutting prices, EV sales continue to rise. Cherrybrook residents Indrakumar and Krishani Prasanna recently bought a BYD Seal, attracted by its design. BYD aims to double sales yearly and surpass Tesla as the top EV brand in Australia.

Brands Mentioned: Tesla, BYD, Ford, Renault, Peugeot, Polestar, Hyundai