BYD's sales downturn extends to eighth straight month

BYD Co

01/05/2026 12:15

SHANGHAI, May 1 (Reuters) - Chinese electric vehicle giant BYD's 1211.HK 002594.SZ vehicle sales fell for an eighth straight month, down 15.5% from a year earlier in April, extending its longest-ever sales downturn as it struggles with weak demand at home.

Sales overseas grew 35% to 130,000 vehicles, reversing a 20.5% slide in March, according to Reuters calculations based on a Weibo post by BYD executive Li Yunfei.

The previous longest streak was a six-month decline amid a rollback of government EV subsidies that ended in December 2019.

 (Reporting by Casey Hall; Editing by Joe Bavier)

 ((Casey.Hall@thomsonreuters.com;))