BusinessPostCorner.com
No Result
View All Result
Friday, July 17, 2026
  • Home
  • Business
  • Finance
  • Accounting
  • Tax
  • Management
  • Marketing
  • Crypto News
  • Human Resources
BusinessPostCorner.com
  • Home
  • Business
  • Finance
  • Accounting
  • Tax
  • Management
  • Marketing
  • Crypto News
  • Human Resources
No Result
View All Result
BusinessPostCorner.com
No Result
View All Result

Chinese EV giant sees UK sales soar by 880%

October 7, 2025
in Business
Reading Time: 2 mins read
A A
0
Chinese EV giant sees UK sales soar by 880%
ShareShareShareShareShare

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.

It comes after figures from the car industry body the Society of Motor Manufacturers and Traders (SMMT) showed that sales of electric vehicles (EVs) jumped to a record high in September.

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. He added that the brand’s future in Britain looks “hugely exciting”, having just opened its 100th retail outlet.

UK EV sales hit a record high last month, with sales of pure battery electric vehicles rising to almost 73,000, according to the SMMT.

Sales of plug-in hybrid cars grew even faster, it said.

The Kia Sportage, Ford Puma and Nissan Qashqai were the best-selling cars in September. Chinese models – the Jaecoo 7 and BYD Seal U – were also in the top 10.

But despite the surge in overall EV sales in the UK, petrol and diesel vehicles still made up more than half of new car sales last month, according to the SMMT.

In October last year, the EU announced it would hit imports of Chinese EVs with levies of up to 45%.

The measure is aimed to protect European car makers from being undermined by what the EU believes are unfair Chinese-state subsidies.

Chinese car makers like BYD have been effectively shut out of the US by high tariffs, which were backed by both President Donald Trump and his predecessor Joe Biden.

Credit: Source link

ShareTweetSendPinShare
Previous Post

Genesis Lawsuit Threatens to Derail Grayscale’s Landmark $33B IPO

Next Post

OpenAI’s computing deals top $1tn

Next Post
OpenAI’s computing deals top tn

OpenAI’s computing deals top $1tn

Jailbreaks to OpenAI’s GPT-5.6 unlock dangerous cyber capabilities, U.K. agency finds

Jailbreaks to OpenAI’s GPT-5.6 unlock dangerous cyber capabilities, U.K. agency finds

July 10, 2026
Bending Spoons only hired 0.04% from its 800,000 job applications last year

Bending Spoons only hired 0.04% from its 800,000 job applications last year

July 15, 2026
Reeves tells BBC: Burnham needs worked-through plan to govern from the start

Reeves tells BBC: Burnham needs worked-through plan to govern from the start

July 11, 2026
Firm360 announces tax prep automation capacities

Firm360 announces tax prep automation capacities

July 15, 2026
Hoskinson Denies Cardano Exit Rumors: Full Story

Hoskinson Denies Cardano Exit Rumors: Full Story

July 10, 2026
Ex-Virgin Money boss Gadhia picked to chair UK audit watchdog

Ex-Virgin Money boss Gadhia picked to chair UK audit watchdog

July 13, 2026
BusinessPostCorner.com

BusinessPostCorner.com is an online news portal that aims to share the latest news about following topics: Accounting, Tax, Business, Finance, Crypto, Management, Human resources and Marketing. Feel free to get in touch with us!

Recent News

Trump Media to sell fast feed of key posts to Wall Street

Trump Media to sell fast feed of key posts to Wall Street

July 16, 2026
FASB chair plans for new standards, semiannual reporting

FASB chair plans for new standards, semiannual reporting

July 16, 2026

Our Newsletter!

Loading
  • Contact Us
  • Privacy Policy
  • Terms of Use
  • DMCA

© 2023 businesspostcorner.com - All Rights Reserved!

No Result
View All Result
  • Home
  • Business
  • Finance
  • Accounting
  • Tax
  • Management
  • Marketing
  • Crypto News
  • Human Resources

© 2023 businesspostcorner.com - All Rights Reserved!