BYD reported January 2026 new energy vehicle sales of 210,051 units, with passenger vehicle sales reaching 205,518 units and exports totaling 100,482 units, according to figures released on February 1. The data show a significant sequential decline at the start of the year and quantify the share of overseas deliveries in total sales.
Passenger vehicles accounted for most of BYD’s January volume, while commercial new energy vehicle sales reached 4,533 units. Exports accounted for nearly half of total monthly sales, indicating a measurable gap between domestic and overseas delivery volumes during the period.
The January decline occurred within a seasonal cycle affecting China’s automotive industry. Manufacturer disclosures and industry data released in early 2026 show that multiple automakers recorded month-on-month fluctuations in January, reflecting changes in production schedules, logistics activity, and consumer purchasing patterns associated with the Lunar New Year period.
China’s new energy vehicle market in early 2026 also showed intensified competition. Industry data indicates that manufacturers adjusted pricing and product positioning at the beginning of the year, while demand varied across segments. Delivery trends varied across brands and model lineups, reflecting uneven market performance in the passenger new energy vehicle sector.
Chinese customs and industry statistics released in 2026 show that overseas shipments accounted for a growing share of output among major domestic automakers. BYD’s January export volume exceeded 100,000 units, while domestic deliveries declined sequentially, illustrating differing momentum between international and domestic markets during the month.
Industry data released in early 2026 indicates that new energy vehicle sales are expected to remain volatile in the first quarter, driven by seasonal factors and shifting demand. Automaker disclosures show that production and sales typically normalize after the Lunar New Year period, as logistics operations and dealership activity return to normal levels.
Chinese automotive data platforms reported elevated inventory levels among several manufacturers entering 2026, suggesting that near-term sales performance will be affected by inventory adjustments and dealer activity. Industry reports also indicate that price competition among new energy vehicle brands continued into early 2026, influencing market conditions across multiple segments.
In January 2026, BYD recorded the highest new energy vehicle sales volume among automakers in China, with passenger vehicles and exports accounting for most of its monthly deliveries.
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