BYD’s sales growth fell to 7.7% in 2025 as growing domestic competition in China’s saturated car market sapped momentum at the EV giant. It’s the slowest pace of growth for the company in five years. BYD sold 4.6 million vehicles last year, compared to 4.3 million in 2024. Monthly sales for December dropped by 18.3% year-on-year, falling to around 420,000 cars sold, according to a Jan. 1 exchange filing. Still, the Chinese EV firm is still likely to overtake Tesla in annual battery electric vehicle sale ...

BYD Co. met its full-year sales target and likely surpassed Tesla Inc. to become the world’s largest electric-vehicle maker in 2025 — milestones overshadowed by a challenging outlook for the Chinese auto market in the year ahead. The Chinese EV giant’s Hong Kong-listed shares rose on the first day of trading in the new year, gaining as much as 2.3%. Most Read from Bloomberg BYD delivered a total of 4.6 million vehicles last year, up 7.7% from 2024. That’s in line with a lowered full-year goal the compa ...

Tesla sales plunged in Europe's two biggest car markets over the past year, while low-cost Chinese rival BYD continued to race ahead — marking what industry watchers are calling a fundamental shift in the electric vehicle landscape. Elon Musk's pioneering EV company registered just 1,110 new vehicles in Germany last month, a 55% year-over-year drop in its largest European market, according to data released Tuesday. In Britain, Tesla's No. 2 market in Europe, Tesla sales cratered by nearly 60% year over year ...