Still, it was enough to see the carmaker reclaim its lead over rival Geely Automobile Holdings Ltd, which had outsold BYD in the first two months of year.
(April 1): BYD Co’s exports and overseas sales climbed 65% in March as surging oil prices due to the Iran war boosted demand for electric cars, though the automaker continues to struggle to regain momentum in the China market.
The carmaker said sales outside of China hit 120,083 in March, the highest in three months. But that wasn’t sufficient to lift BYD’s total deliveries, which fell about 20% to extend its streak of declines into a seventh month.
