BYD's February Sales Down 8.6% MoM, 41% YoY Amid Market Competition Pressure

Published: Mar 8, 2026 12:26

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BYD’s passenger vehicle sales reached 187,782 units in February, down about 8.6% MoM from January; compared with the same period in 2025, they fell 41% YoY. Based on January sales performance, BYD’s passenger vehicle sales in the first two months of the year both declined MoM and YoY, which is uncommon and also indirectly indicates that rapid changes in market competition have put some pressure on BYD. In addition, it is worth noting that the sales figures released by BYD include exports; in February this year, its overseas exports of new energy vehicles were as high as 100,600 units. Based on this, BYD’s domestic monthly sales of new energy vehicles are expected to fall below 100,000 units.

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