BYD sales continue to plunge in February

BYD Auto reported a 41% drop in global sales to 190,190 units in February 2026, following strong growth in the same month last year, as the Chinese automaker continued to face plunging demand in its home market after the government withdrew some of its new energy vehicle (NEV) sales incentives at the end of last year. Competition from other domestic automakers has also intensified significantly in the last year. February was the sixth consecutive month of decline for the Shenzhen-based automaker. While t ...