"BYD Chinese car making giant BYD says the UK has become its biggest market outside China, after its sales there surged by 880% in September compared to a year earlier. The company says it sold 11,271 cars in the UK last month, with the plug-in hybrid version of its Seal U sports utility vehicle (SUV) accounting for the majority of those sales."
"The UK is particularly attractive to firms like BYD as the country has not imposed tariffs on Chinese EVs, unlike other major markets such as the European Union and the US. BYD, which offers cheaper models than many of its Western rivals, said its share of the UK market jumped to 3.6% in September. The company will launch more new hybrid and electric cars in the months ahead, said the BYD's UK manager Bono Ge."
BYD sold 11,271 cars in the UK in September, an 880% year-on-year increase driven mainly by the plug-in hybrid Seal U SUV. The UK became BYD's biggest market outside China, with market share rising to 3.6% in September. The company opened its 100th retail outlet and plans additional hybrid and electric model launches. UK electric vehicle sales hit record levels in September, with almost 73,000 pure battery electric vehicles and even faster growth in plug-in hybrids. Chinese models featured in the top 10, while petrol and diesel vehicles still accounted for more than half of new sales. The EU and US have imposed tariffs or levies on Chinese EV imports.
Read at www.bbc.com
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