BYD's Power and Storage Battery Installations Exceed 180 GWh in First 8 Months, NEV Sales Surpass 2.86 Million

In August, BYD's installed capacity of new energy vehicle power batteries and energy storage batteries was approximately 23.175 GWh, with a cumulative installed capacity of about 180.051 GWh from January to August.

On September 1st, BYD (002594) released its production and sales report. In August, the company sold 373,600 new energy vehicles, compared to 373,100 in the same period last year. From January to August, the cumulative sales of new energy vehicles reached approximately 2.864 million units, representing a year-on-year increase of 23%.

As of now, BYD's cumulative sales of new energy vehicles have exceeded 13.4 million units.

From the perspective of specific brand salesIn August, BYD's Dynasty | Ocean series sold 342,838 vehicles, Fangcheng Leopard sold 16,256 vehicles, Denza sold 11,993 vehicles, and Yangwang sold 405 vehicles.

In terms of exports, in August, BYD exported a total of 80,813 new energy vehicles. Among them, BYD passenger cars and pickups sold overseas reached 80,464 units in August, a year-on-year increase of 146.4%.

In terms of the batteryIn August, BYD's total installed capacity of new energy vehicle power batteries and energy storage batteries was approximately 23.175 GWh, with a cumulative installed capacity of about 180.051 GWh from January to August.

Battery Network has noted that recently BYD released its financial report for the first half of 2025, with all key indicators reaching new highs for the same period: revenue reached 371.3 billion yuan, up 23% year-on-year; net profit attributable to the parent company was 15.5 billion yuan, up 14% year-on-year; R&D investment reached 30.9 billion yuan, up 53% year-on-year, far exceeding net profit for the same period; cash reserves stood at 156.1 billion yuan, making the company's financial position increasingly robust.

In the first half of this year, BYD's overseas business revenue increased significantly, reaching 135.358 billion yuan, a year-on-year growth of 50.5%, accounting for 36.5% of the total revenue.

In addition, BYD's R&D investment reached 30.88 billion yuan in the first half of the year, an increase of 53%, nearly twice its net profit for the same period, firmly ranking first in R&D among A-share companies.

As of now, BYD’s cumulative investment in research and development has exceeded 210 billion yuan. The development philosophy of “technology as the king and innovation as the foundation” is deeply ingrained in BYD’s DNA.