Sales at BYD Co., China's largest electrified vehicle manufacturer, recovered in June on demand for EVs and plug-in hybrids after a 10 percent decline the previous month.
Last month, the company's sales rose 3.1 percent to 38,735 as strong demand for EVs more than compensated for weak deliveries of gasoline-powered vehicles.
BYD's combined sales of EVs and plug-in hybrids surged 55 percent to 26,571.
By contrast, deliveries of gasoline-powered models plunged 41 percent to 12,164. BYD has stopped expanding its traditional vehicle lineup to focus on developing new EVs.
In the first half, BYD's accumulative sales edged up 1.6 percent to 228,072. Aggregated first-half sales of EVs and plug-in hybrids soared 95 percent to 145,653 while deliveries of gasoline vehicles shrank 45 percent to 82,419.
BYD, based in the south China city of Shenzhen, is partly owned by U.S. billionaire Warren Buffett. It is listed in Hong Kong and Shenzhen.
The company in June opened an electric bus assembly plant in Ontario, Canada. It is BYD's second bus manufacturing site in North America, after a factory in Lancaster, Calif.