02-May-2026
Corporate News
 
BYD's Sales Downturn Extends to Eighth Straight Month
02-May-2026

Chinese EV giant BYD's vehicle sales fell for an eighth straight month in April, down 15.5% from a year earlier and extending its longest-ever downturn as it struggles with weak demand at home. Overseas sales of passenger vehicles and pickup trucks, increasingly a source of growth for BYD, jumped 35% to 130,000 vehicles last month, according to Reuters calculations based on a Weibo post by BYD executive Li Yunfei. The company has not disclosed its overall sales target for this year, but has said it's "confident" about selling at least 1.5 million vehicles abroad.

News Source:- https://money.usnews.com/investing/news/articles/2026-05-01/byds-sales-downturn-extends-to-eighth-straight-month