Company Reports

BYD’s second-quarter automobile revenue dropped 4% year on year due to sluggish sales volume. With export growth offsetting domestic weakness, vehicle margin remained stable sequentially. Net profit rose 30% even with a lackluster handset components business and foreign exchange headwinds.

BYD is the largest new energy vehicle manufacturer in China in terms of sales volume. Targeting the mass market, it produces both battery electric vehicles and plug-in hybrid vehicles, or PHEVs. BYD has established good brand awareness with popular value-for-money models. Its passenger NEV portfolio covers models from subcompact to midsize sedans and sport utility vehicles, in the CNY 60,000-CNY 400,000 price range for mainstream models.

The recently concluded Beijing Auto Show is the world’s largest in 2026, with a record-breaking 1,451 vehicles on display. The show signaled a move beyond price wars to high-stakes technology competition. The trends unveiled at the show should define the automotive landscape in coming quarters.

BYD’s first-quarter automobile segment revenue fell 16% year on year due to sluggish volume sales, but vehicle pricing staged a meaningful rebound thanks to a higher export mix. Coupled with a lackluster handset components business and exchange loss, net profit declined 55% year on year.

BYD is the largest new energy vehicle manufacturer in China in terms of sales volume. Targeting the mass market, it produces both battery electric vehicles and plug-in hybrid vehicles, or PHEVs. BYD has established good brand awareness with popular value-for-money models. Its passenger NEV portfolio covers models from subcompact to midsize sedans and sport utility vehicles, in the CNY 60,000-CNY 400,000 price range for mainstream models.

BYD’s fourth-quarter automobile revenue dropped 17% year on year due to sluggish volume and vehicle pricing decline. Weak vehicle margin and a lackluster handset components business led to a 38% decline in net profit.

BYD is the largest new energy vehicle manufacturer in China in terms of sales volume. Targeting the mass market, it produces both battery electric vehicles and plug-in hybrid vehicles, or PHEVs. BYD has established good brand awareness with popular value-for-money models. Its passenger NEV portfolio covers models from subcompact to midsize sedans and sport utility vehicles, in the CNY 60,000-CNY 400,000 price range for mainstream models.

BYD finished 2025 with new energy vehicle sales of 4.6 million units, up 8% year on year and below the NEV sector growth of 26%. Meanwhile, January volume slid by 30% year on year.

BYD is the largest new energy vehicle manufacturer in China in terms of sales volume. Targeting the mass market, it produces both battery electric vehicles and plug-in hybrid vehicles, or PHEVs. BYD has established good brand awareness with popular value-for-money models. Its passenger NEV portfolio covers models from subcompact to midsize sedans and sport utility vehicles, in the CNY 70,000-CNY 400,000 price range for mainstream models.

BYD’s third-quarter automobile revenue dropped 3% year on year due to volume and vehicle pricing decline. Weak vehicle margin and sluggish handset components business led to a 33% decline in net profit.

BYD is the largest new energy vehicle manufacturer in China in terms of sales volume. Targeting the mass market, it produces both battery electric vehicles and plug-in hybrid vehicles, or PHEVs. BYD has established good brand awareness with popular value-for-money models. Its passenger NEV portfolio covers models from subcompact to midsize sedans and sport utility vehicles, in the CNY 70,000-CNY 400,000 price range for mainstream models.

BYD is the largest new energy vehicle manufacturer in China in terms of sales volume. Targeting the mass market, it produces both battery electric vehicles and plug-in hybrid vehicles, or PHEVs. BYD has established good brand awareness with popular value-for-money models. Its passenger NEV portfolio covers models from subcompact to midsize sedans and sport utility vehicles, in the CNY 70,000-CNY 400,000 price range for mainstream models.

BYD’s second-quarter automobile revenue grew 17% year on year, thanks to volume growth. However, net profit declined 30% due to a weak vehicle margin and surging operating expenses.

BYD’s first-quarter revenue and net profit grew by 36% and 100% year over year, respectively, underpinned by strong volume sales that offset a drop in average vehicle selling price.

BYD is the largest new energy vehicle manufacturer in China in terms of sales volume. Targeting the mass market, it produces both battery electric vehicles and plug-in hybrid vehicles, or PHEVs. BYD has established good brand awareness with popular value-for-money models. Its passenger NEV portfolio covers models from subcompact to midsize sedans and sport utility vehicles, in the CNY 70,000-CNY 400,000 price range for mainstream models.

BYD’s fourth-quarter revenue and net profit grew 53% and 73% year over year, respectively. This was underpinned by 61% growth in vehicle sales volume and a 46% revenue pickup in the handset components business—but partly offset by about a 4% drop in the average vehicle selling price.

BYD is the largest new energy vehicle manufacturer in China in terms of sales volume. Targeting the mass market, it produces both battery electric vehicles and plug-in hybrid vehicles, or PHEVs. BYD has established good brand awareness with popular value-for-money models. Its passenger NEV portfolio covers models from subcompact to midsize sedans and sport utility vehicles, in the CNY 70,000-CNY 400,000 price range for mainstream models.

BYD is the largest new energy vehicle manufacturer in China in terms of sales volume. Targeting the mass market, it produces both battery electric vehicles and plug-in hybrid vehicles, or PHEVs. BYD has established good brand awareness with popular value-for-money models. Its passenger NEV portfolio covers models from subcompact to midsize sedans and sport utility vehicles, in the CNY 70,000-CNY 400,000 price range for mainstream models.

BYD announced it will place 129.8 million H-shares to not less than six institutional investors and sovereign funds at HKD 335.20 per share, a discount of 7.8% to the closing price of HKD 363.60 on March 3.

BYD recently released intelligent driving functions to the company’s new-generation vehicles, availing the advanced driver assistance systems, or ADAS, to mass-market car buyers.