Lithium & The Future, page-3320

BYD sales for March are out.

Total sales.46.825
total NEV30.075
of which BEV: 21.308

The last two months BYD sales represented 30% of total China NEV sales. On that basis total NEV sales in China for March should come in around 100.000 units representing a healthy 70% YoY growth rate.

With the average size of batteries rising (due to change in subsidies and a continued change in mix from PHEV to BEV) the installed battery capacity grows even stronger than the sales.

Good times ahead.

http://www.byd.com/en/InvestorNotice.html