BYD reports record-breaking sales during a ‘really strong’ period.

This is the brand that is causing Tesla executives to lose sleep. Despite Tesla’s price cuts due to dwindling sales, the Chinese behemoth BYD is poised to achieve a new milestone in monthly sales. The brand’s triumph indicates that Australian drivers haven’t soured on electric vehicles just yet. David Smitherman, CEO of Australian BYD importer EVDirect, reports that last month marked the highest sales volume in the manufacturer’s brief history, debunking reports of an ailing EV market. “We’re not observing that,” he stated. “Our business is experiencing heightened activity, with robust inquiries on our websites and from our dealers. The landscape is undeniably becoming more competitive, with a plethora of new products entering the fray.”

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