Etiqueta: Sales

HONG KONG, Feb 2 (Reuters) - Hong Kong shares of BYD Co Ltd fell 5.1% early on Monday after the vehicle maker posted its fifth straight month of decline in monthly sales. The stock fell to HK$92.75, the lowest since December 24. BYD's vehicle sales dropped by 30.1% in January year-on-year as the Chinese electric vehicle maker navigates external uncertainties and tough competition at home. (

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

BYD Co. said sales dropped 30% in January, underscoring the challenges facing the electric vehicle maker’s efforts to boost sales just as a winding back of subsidies hurts demand in China.

BYD exported 100,482 NEVs in January, a 51.47% increase year-on-year, marking one of the few bright spots.

BEIJING/HONG KONG, Feb 1 () - BYD's ​vehicle sales ‌fell by 30.1% in ‌January from a year earlier, the fifth straight ⁠month of ‌decline, as the Chinese electric ‍vehicle maker navigates external uncertainties and ​stiff competition at ‌home.

Canada and South Korea are working toward a new trade deal that would bring more auto manufacturing to that country.

India's EV market is growing, but faces challenges like a two-wheeler sales slowdown and financing issues. From Budget 2026, the industry seeks structural reforms, including GST rationalization, component-level PLI support, and a national charging roadmap, to foster domestic manufacturing and achieve mass adoption.

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BYD began on Thursday trial production at its first European plant in Hungary, following delays in completing construction of the passenger vehicle factory.

CATL and BYD are already dominating the EV battery market, accounting for over 50% of global sales last year. With...