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BYD Hit by Sharp January Decline Despite Global EV Push

BYD Hit by Sharp January Decline Despite Global EV Push

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BYD sold 210,051 NEVs in January, representing a 30.11% decline year-on-year and a steep 50.04% drop compared to December.
Chinese carmaker BYD's shares slump on weakening sales

Chinese carmaker BYD’s shares slump on weakening sales

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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,
BYD Leads China EV Selloff After Weak January Sales Figures

BYD Leads China EV Selloff After Weak January Sales Figures

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BYD Co. led a selloff of Chinese electric vehicle makers in Hong Kong Monday, after soft January sales figures signaled demand is cooling in the world’s biggest auto market.
BYD Hong Kong shares sink to 5-week low on weak January sales

BYD Hong Kong shares sink to 5-week low on weak January...

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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. (
BYD sales fall for fifth consecutive month as global volumes slide

BYD sales fall for fifth consecutive month as global volumes slide

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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 vehicle sales slump 30% in January as China demand cools

BYD vehicle sales slump 30% in January as China demand cools

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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 sells 210,051 NEVs in Jan, down 30.11% year-on-year

BYD sells 210,051 NEVs in Jan, down 30.11% year-on-year

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BYD exported 100,482 NEVs in January, a 51.47% increase year-on-year, marking one of the few bright spots.
China's BYD vehicle sales fall for fifth month in a row

China’s BYD vehicle sales fall for fifth month in a row

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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 & South Korea Discuss Trade Deal As BYD Eyes India

Canada & South Korea Discuss Trade Deal As BYD Eyes India

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Canada and South Korea are working toward a new trade deal that would bring more auto manufacturing to that country.
Can Budget take a leaf out of China's BYD story to give India its own EV giant?

Can Budget take a leaf out of China’s BYD story to...

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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.