Smart Auto · Smart Technology | Compiled Based on Monthly Insured Vehicle Data

Analysis by Three Key Metrics

231,511 Insured Vehicles in August · 338 Units Less Than Retail Sales · Cumulative Insured Vehicles from January to August: 1.434 Million Units

BYD’s official wholesale volume in August reached 440,293 units, including approximately 189,000 units exported. After accounting for exports, the domestic wholesale volume stood at around 251,000 units, showing a difference of less than 20,000 units from the insured sales volume, indicating a healthy sales channel rhythm.

The difference between insured and retail sales was minimal, at only 338 units, with a total of 231,800 units, and a cumulative insured volume of 1.434 million units from January to August.

Within BYD’s portfolio, the Dynasty and Ocean series remain the cornerstone, with Fangchengbao and Denza forming the second growth engine.

Brand Performance Overview

Dynasty and Ocean Series: 182,808 insured vehicles and 183,789 retail vehicles, with retail sales exceeding insured by 981 units. This segment remains stable, accounting for about 80% of the group’s insured vehicles, with deliveries and registrations of mainstream family vehicles largely synchronized.

Fangchengbao: 28,905 insured vehicles and 32,797 retail vehicles, with retail sales exceeding insured by 3,892 units. It represents the brand with the largest discrepancy within the group, attributed to concentrated registrations following new vehicle launches.

Denza: 13,149 insured vehicles and 14,821 retail vehicles, with retail sales exceeding insured by 1,672 units. The premium lineup demonstrates a faster delivery pace. Yangwang: 408 insured vehicles and 442 retail vehicles, with a negligible difference.

Key Model Sales Overview - Dynasty and Ocean Series

Yuan UP: 21,984 insured vehicles and 22,958 retail vehicles, the top-selling model in the Dynasty series, with retail sales exceeding insured by 974 units.

Dolphin: 16,779 insured vehicles / 16,829 retail vehicles.

Song Ultra: 15,728 insured vehicles / 15,903 retail vehicles, the mainstay of the Dynasty series’ plug-in hybrid SUVs.

Haishi 05: 15,445 insured vehicles / 15,437 retail vehicles, with figures largely consistent.

Song Pro: 14,175 insured vehicles / 13,954 retail vehicles, with insured sales exceeding retail by 221 units.

Qin PLUS (10,758 insured vehicles) and Seagull (10,001 insured vehicles) maintained sales at the 10,000-unit level.

Fangchengbao

Titan 7: 21,130 insured vehicles and 23,471 retail vehicles, with retail sales exceeding insured by 2,341 units, emerging as the strongest growth driver for the group that month.

Titan 3: 4,442 insured vehicles / 5,471 retail vehicles, also leading in retail sales.

Denza

D9: 5,274 insured vehicles and 5,532 retail vehicles, showcasing a solid MPV market foundation.

Z9 GT: 2,978 insured vehicles / 3,691 retail vehicles, with retail sales exceeding insured by 713 units.

Yangwang

U8: 217 insured vehicles / 233 retail vehicles, positioned as an ultra-luxury niche product, with stable month-on-month performance.

Summary in Brief: BYD insured 231,500 vehicles in August, with only a 338-unit difference from retail sales and less than a 20,000-unit gap from domestic wholesale, indicating a robust sales channel. Yuan UP surpassed 22,000 units as the top-selling model in the Dynasty series, while Fangchengbao Titan 7 led retail sales with 2,341 more units than insured sales, representing the most significant new growth factor.

Data Metrics: Insured vehicles refer to monthly terminal registration numbers (compulsory traffic insurance); Official deliveries are based on BYD’s production and sales report wholesale figures (including exports, with domestic wholesale compared after deducting exports in this report); Retail sales data is sourced from CPCA.