Etiqueta: Car sales

Headlines show China's slow January 2026 sales, but the truth is that China's automakers are beating American automakers, including Ford.

As Zack recently posted, BYD’s sales were down 30.7% in January. BYD sold 210,051 NEVs, which still put it in first place, well ahead of Geely with 124,252. Geely, however, also sells ICE vehicles, which saw significant sales growth to bring their total to 270,167. Due to selling primarily ICE vehicles, Geely overtook BYD as China’s largest automaker overall in January. However, BYD’s decline was limited to China, with export sales totaling 100,009, up 43% YoY. Sales were up over 1000% in Germany in January, more than double Tesla sales. At this rate, BYD could soon sell more cars outside of China than within it.But there are several factors, particularly within China, that are influencing the overall sales picture.

BYD surges past Tesla in Europe and Canada as Chinese EVs reshape the global market. Explore sales trends, policy shifts, and the impact on batteries, emissions, and carbon markets.

BYD Co.’s German sales surged more than ten-fold last month as the Chinese automaker continues to expand in Europe’s largest electric-vehicle market.

HONG KONG, Feb 2 (Reuters) - Shares of BYD Co Ltd sank to their lowest level in at least a year on Monday, leading a broader selloff in Chinese automaker stocks after they reported weaker sales in January as a revised subsidy scheme weighed on budget car brands. The selloff underscores growing investor concern that China’s carmakers are heading into a prolonged slowdown as demand softens at home

HONG KONG, Feb 2 (Reuters) - Shares of BYD Co Ltd sank to their lowest level in at least a year on Monday after the electric vehicle (EV) maker reported a 30% drop in its car sales in January, the biggest in nearly two years. BYD's Hong Kong-listed shares dropped 7.8% to HK$90.10, the lowest since February 3, 2025, and were poised for their worst daily performance in May 26, 2025. In Shenzhen,

The Chinese brand that knocked Tesla off to become the world’s number one electric vehicle maker has posted another month of sliding sales.

Rivian’s founder and Chief Executive Officer RJ Scaringe praised BYD and Xiaomi for their highly competitive EVs, both in technology and pricing, while also acknowledging that government subs…

Ultra-luxury vehicles accounted for less than 1% of overall vehicles sales last year in China. For a long time, this market has been firmly controlled by foreign brands.

BYD (BYDDF) targets 1.3M overseas car sales in 2026, indicating a nearly 24% growth from a year ago after topping Tesla (TSLA) in 2025. Read more here.