BYD Reports Strong Sales Growth Despite Domestic Market Challenges

• BYD's September vehicle sales increased approximately 17% year over year.
• BYD and Geely Auto, China's largest carmakers, recorded their strongest monthly sales in October.
• BYD delivered 490,168 cars in October, a 11% increase from the previous year.
• Overseas shipments are growing more rapidly than domestic sales for BYD.
• Smaller Chinese carmakers are under increasing pressure to turn a profit.