BYD’s sales abroad rose to a record 1.05 million units in 2025, a 150% jump from 2024, but its sales at home grew at its weakest pace in five years

Intense competition in China has hammered profitability for automakers, suppliers and dealers but regulators are now looking to penalise absurdly low pricing

China has published its five-year development plan for 2026-2030 and for the first time in 15 years, new energy vehicles are not included in its list of strategic emerging industries

The EU has emerged as a key market for Chinese firms due to increasing competition and deflationary pressures at home and tough policies that deter their expansion in the US

Britain has emerged as key market for BYD, as it is the only European nation with no tariffs on exported electric and hybrid vehicles from China

A drop in production, sales and profits reflect how pressure to stay competitive is beginning to take a toll on BYD

The Chinese government has previously said automakers will have to repay subsidies that they have been found to have claimed improperly

BYD is the first carmaker to assume full responsibility for an autonomous driving feature in China and the world

The world's biggest EV-maker is grappling with rising inventory even after offering deep price cuts in China's cut-throat auto market

Tesla's EV sales also continued to plummet across much of Europe last month, as its aging model lineup and CEO Elon Musk's political activities deterred buyers

Growing global and domestic sales have allowed BYD to continue selling EVs at steep discounts, heightening the threat of an industry shakeout

The Xi Jinping administration fears a plant in the country would give Mexico unrestricted access to BYD’s advanced technology and EV know-how, insiders claim