- BYD’s April NEV sales reached 321,123 units, up 6.96% from March, though continuing a year-on-year decline.
- Overseas shipments topped 134,000 units to hit a record high, surging 70.9% year-on-year.
BYD Monthly NEV Sales 2024-2026
Month
2024
2025
2026
January
201,493
300,538
210,051
February
122,311
322,846
190,190
March
302,459
377,420
300,222
April
313,245
380,089
321,123
May
331,817
382,476
June
341,658
382,585
July
342,383
344,296
August
373,083
373,626
September
419,426
396,270
October
502,657
441,706
November
506,804
480,186
December
514,809
420,398
BYD monthly NEV sales
2024
2025
2026
BYD’s sales rebounded month-on-month in April as the company increasingly relies on robust growth in overseas markets amid sluggish domestic demand.
The automaker’s new energy vehicle (NEV) sales stood at 321,123 units in April, representing a 6.96% increase from March, according to data released on Friday.
However, this marks the company’s eighth consecutive month of year-on-year sales decline, dropping 15.51%.
For the first four months of the year, BYD’s cumulative NEV sales totaled 1,021,586 units, down 26.02% year-on-year. This reflects the broader pressure brought by the Chinese auto market entering its traditional slow season at the beginning of the year.
Despite the pressure on domestic sales, BYD’s overseas business hit a record high. The company’s overseas sales of passenger vehicles and pickup trucks reached 134,542 units in April, surging 70.9% year-on-year.
Breaking down by brand, the main BYD brand, which includes the Dynasty and Ocean lineup, contributed 273,448 units to the April sales.
The sub-brand Fang Cheng Bao delivered a stellar performance, with monthly sales reaching 29,138 units, up 190.25% year-on-year and 12.39% from March.
Fang Cheng Bao Monthly Sales 2024-2026
Month
2024
2025
2026
January
5,203
6,219
21,581
February
2,310
4,942
17,036
March
3,550
8,051
25,926
April
2,110
10,039
29,138
May
2,430
12,592
June
2,680
18,903
July
1,842
14,180
August
4,876
16,265
September
5,422
24,121
October
6,026
31,052
November
8,521
37,405
December
11,418
50,868
Fang Cheng Bao monthly sales
2024
2025
2026
Denza sold 11,250 vehicles in April, jumping 57.72% month-on-month. However, the figure fell 26.89% year-on-year, marking its fourth consecutive month of year-on-year decline.
Denza Monthly Sales 2024-2026
Month
2024
2025
2026
January
9,068
11,720
6,002
February
4,598
8,513
5,501
March
10,279
12,620
7,133
April
11,122
15,388
11,250
May
12,223
15,806
June
12,275
15,783
July
10,340
11,375
August
9,989
11,993
September
10,299
12,407
October
10,781
10,135
November
10,002
13,255
December
15,059
18,139
Denza monthly sales
2024
2025
2026
The ultra-luxury brand Yangwang sold 264 vehicles, up 95.56% year-on-year but down 14.01% from March.
Yangwang Monthly Sales 2024-2026
Month
2024
2025
2026
January
1,652
286
413
February
780
105
232
March
1,090
133
307
April
952
135
264
May
608
139
June
418
205
July
439
339
August
310
405
September
310
758
October
282
654
November
302
703
December
311
923
Yangwang monthly sales
2024
2025
2026
The release of the sales data follows a sharp contraction in the company’s first-quarter profit. BYD’s net profit for the first quarter dropped 55.38% to 4.09 billion yuan ($599 million).
The steep drop in profit is primarily attributed to the fierce price war in the Chinese market and the phasing out of NEV support policies. Additionally, soaring supply chain hardware costs have posed financial challenges.
To cope with rising costs, BYD recently raised the optional upgrade price for its advanced smart driving system by more than 20%.
Meanwhile, BYD is actively rolling out new models equipped with ultra-fast charging technology to defend its market share, having launched over 10 models featuring this technology and the second-generation Blade Battery so far.
Notably, BYD has made a breakthrough in the high-end market. At the Beijing Auto Show, its Yangwang U9 Xtreme supercar was sold for over 20 million yuan.
BYD’s first-quarter net profit tumbled 55% as the traditional early-year slow season in China pressured automakers’ profits.
($1 = 6.8282 yuan)
