BYD Auto reported a 41% driblet successful planetary income to 190,190 units successful February 2026, pursuing beardown maturation successful the aforesaid period past year, arsenic the Chinese automaker continued to look plunging request successful its location marketplace aft the authorities withdrew immoderate of its caller vigor conveyance (NEV) income incentives astatine the extremity of past year. Competition from different home automakers has besides intensified importantly successful the past year.
February was the sixth consecutive period of diminution for the Shenzhen-based automaker. While determination were less moving days successful February this twelvemonth compared with past twelvemonth owed to the timing of the prolonged Chinese Lunar New Year holidays, BYD’s planetary income were besides down by 30% year-on-year to 210,051 units successful January. In the archetypal 2 months of 2026, the company’s planetary income dropped by 36% to 400,241 units.
BYD’s home income plunged by 65% year-on-year to 89,590 vehicles successful February, pursuing a 53% driblet to 109,569 units successful January. Exports roseate by implicit 50% to 100,600 units past month, however, with the institution stepping up its planetary enlargement with an accrued absorption connected Latin America and Europe to effort to offset anemic home sales.
In the archetypal 2 months of 2026, home income fell by 58% to 199,159 units, portion exports surged by implicit 50% to 201,082 units.
BYD has joined a increasing fig of Chinese automakers offering ‘ultra-long-term’ car financing programmes, with repayment presumption of up to 8 years, to assistance pull much home customers.
"BYD income proceed to plunge successful February" was primitively created and published by Just Auto, a GlobalData owned brand.
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