Chinese battery and electric vehicle maker BYD shows off a model of its Han EV series at the 2020 Beijing auto show.
Evelyn Cheng | CNBC
BYD, which is backed by U.S. billionaire Warren Buffett, disclosed Tuesday that sales of its battery-powered passenger cars totaled 16,301 units last month.
That’s more than double Nio’s deliveries in March of 7,257 cars. Rival start-up Xpeng delivered even fewer vehicles, at 5,102 units last month. Both companies still beat analysts’ expectations with those figures.
In the new energy vehicle category, which includes hybrid as well…