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StocksMediumUpdated•Originally published 1 May 2026•Updated 1 May 2026•

1 min read

BYD Sales Drop 15.5% in April as Slump Extends to Record Eighth Month

Key Facts

1BYD vehicle sales fell 15.5% from a year earlier in April.

2BYD's sales downturn has extended to eight straight months, marking its longest-ever decline.

BYD reported a 15.5% year-over-year decline in vehicle sales for April, extending its slump to a record eighth consecutive month. This downturn now surpasses the company’s previous longest streak of six months recorded in 2019 following the end of government subsidies. However, a bright spot emerged as overseas sales surged 35% to 130,000 vehicles, reversing a decline seen in March. These figures were derived from Reuters calculations based on data shared by executive Li Yunfei on the Weibo platform. While domestic demand in China remains a headwind, the strong international rebound highlights BYD's shifting strategy within the global EV market.

about 1 month ago

Version History

Version 1about 1 month ago

What changed: Updated to include a 35% rebound in international sales and historical context comparing the current slump to the 2019 subsidy rollback period.