BYD, NIO, XPeng, and Li Auto delivered about 400,000 electrified cars in March, including plug-in hybrids, down 12% year over year.
That asymmetry is easy to miss — but hard to ignore once you see it.
BYD remained under pressure as vehicle sales fell for the seventh consecutive month, reflecting intensifying competition in China's electric vehicle market. Sales dropped 20.5% year-on-year to 300,222

BYD's vehicle sales slide extends in March

06:09am, Wednesday, 01'st Apr 2026
BYD was stuck in a ​sales decline for ‌the seventh straight month, Reuters calculations show, as ​the Chinese electric ​vehicle maker struggled with ⁠elevated competition in ​the world's l
BYD executives said they expect to sell 1.5 million cars outside China this year. Oil prices are climbing amid tensions in the Middle East.
BYD is "highly confident" of reaching its 2026 overseas sales target of 1.5 million vehicles or even higher, the ​company told analysts during its post-earnings call on Monday.

Should Tesla be Worried About BYD?

09:30am, Monday, 30'th Mar 2026
BYD sold more passenger electric vehicles than Tesla last year. However, Tesla's strategy is pivoting towards a new opportunity.

BYD Raises Forecasts For Overseas Sales

08:32am, Monday, 30'th Mar 2026
BYD expects to sell 15% more cars outside of China than it had originally forecast, according to reports.
BYD's shares were mixed in Hong Kong and Shenzhen after the company reported weaker-than-expected results for 2025, reflecting a challenging period for the automaker.
BYD earnings sank 19% in 2025, below views. The Tesla EV rival hopes flash charging will spur a spring recovery.
At the same time, overall EV demand softened, with battery-electric sales down about 25% year-over-year to around 85,000 units.
• BYD stock is showing downward pressure. Where are BYDDY shares going?
Top insights from the latest market news from Tuesday, March 24, from The Motley Fool analysts on Team Rule Breakers and Team Hidden Gems.
Gilead makes $2 billion purchase, Tesla enjoys European sales growth, and more
Rivian is partnering with Uber in a deal worth $1.25 billion. BYD surpassed Tesla in global sales last year.
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