BYD's green car sales more than triple in September
YU NAKAMURA, Nikkei staff writer
GUANGZHOU, China -- Chinese automaker BYD's sales of eco-cars, including plug-in hybrids and electric cars, soared 220% year on year in September to 6,013 vehicles, lifted by a popular new model and generous government subsidies.
The Tang SUV, BYD's third plug-in hybrid passenger vehicle, accounted for nearly half the total with 3,044 sold. BYD attributes the popularity of the Tang, rolled out in June, to its fuel economy, high acceleration and four-wheel drive that lets it handle difficult driving conditions. The Qin plug-in hybrid also sold well, with 2,115 moved in September.
Eco-car sales totaled just 1,895 vehicles a year earlier. The recent growth owes partly to broader subsidies and support offered by the central and local governments. The central government decided in the spring to extend incentives for green cars until the end of 2020, reassuring buyers and boosting sales.