BYD’s global sales plunge 30% in January

Chinese automaker BYD Auto reported a 30% year-on-year plunge successful planetary income to 210,051 units successful January 2026, compared with beardown year-earlier income — erstwhile deliveries surged by 49% to 300,538 units.

This was the 5th consecutive period of diminution for the automaker, China’s largest past twelvemonth with 4,602,436 units, and is an denotation of pugnacious marketplace conditions up — some for its home marketplace and overseas. Compared with the 420,398 units sold successful December 2025, past month’s deliveries were down by 50%.

News of the crisp income diminution took galore investors by surprise, sending BYD’s stock terms successful Hong Kong plunging by 18% connected Monday. Concern is increasing that China’s home marketplace is headed for a prolonged slowdown aft the Chinese authorities reduced incentives for caller vigor vehicles (NEVs) astatine the extremity of 2025, portion past year’s beardown surge successful exports is improbable to beryllium maintained aft incentives were besides withdrawn successful a fig of cardinal overseas markets.

In January, BYD’s planetary income of rider artillery electrical vehicles (BEVs) fell by astir 34% year-on-year to 83,249 units, and by 56% month-on-month. Sales of rider plug-in hybrid electrical vehicles (PHEVs) fell for the tenth consecutive month, by astir 29% year-on-year to 122,269 units and by 45% month-on-month.

Commercial NEVs accrued by 11% year-on-year to 4,533 units successful January, but were down by 19% from December.

Overall exports fell by 51% year-on-year to 100,482 units past month, and were down by astir 25% compared with shipments successful December.

"BYD’s planetary income plunge 30% successful January" was primitively created and published by Just Auto, a GlobalData owned brand.

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