An important milestone, 21 Dec marked the day in which Warren-buffett-backed BYD sold its 1,000th pure-electric Tang SUV in Norway.
Along with its local distributor RSA, BYD delivered its first 7-seat SUVs in Norway in August. Over the past four months, over 1,000 Tang SUVs are sold.
Though not yet fulfilling its target of 1,500 units by end of 2021, BYD Tangs completed the first 1,000 order by mid-September.
Apparently, feedback about the Tang is positive.
The Tang, in a well-equipped version, costs 599,900 NOK (€59,667/$67,633). RSA provides sales, aftersales, parts and service support to BYD Tang customers through a network of 43 sites in Norway.
SUVs to Norway this year. The company is considering bringing a smaller version of the model to the Norwegian market along with one or two others by early 2023, says Isbrand Ho, the head of BYD’s Europe business.
“We have enjoyed fantastic demand for the BYD Tang in just a few months since its launch, and we see this escalating at pace in 2022. The people of Norway are very environmentally conscious, and the pure-electric zero-emission Tang SUV is the perfect fit. It is stylish, comfortable and offers great driving performance, while being practical too. We don’t see demand slowing down and we are fortunate to have good levels of supply coming through, which means customers are not having to wait for extended periods of time for delivery.”
Frank Dunvold, CEO of RSA
China takes lead on EV industry, expanding first in Norway
As EV sales roar in China, may EV makers eye on Europe for expansion.
“We’ve had a long-standing thesis that China will use battery-electric vehicles as the medium to become a significantly more powerful player in the industry,” Joe Spak, a U.S. auto analyst at RBC Capital Markets, wrote in a report in 2021. “So this bears monitoring. First Norway, then Europe, then …”
We all know Norway is the most charged country on the planet.
In September, electric vehicles accounted for 78% of the total auto market. Adding hybrids and plug-in hybrids the total share for EVs are 92%. The most popular models were Tesla’s Model Y and Model 3, which accounted for 40 percent of total sales.
