BYD Vehicle Sales Slump 30% in January as China Demand Cools
A BYD Co. electric vehicle at a BYD showroom in Budapest.
Photographer: Akos Stiller/BloombergBYD Co. said sales dropped 30% in January, underscoring the challenges facing the electric vehicle maker’s efforts to boost sales just as a winding back of subsidies hurts demand in China.
The Shenzhen-based manufacturer delivered 210,051 vehicles in the first month of 2026, compared with 300,538 in the same period last year. A decline was expected after the late-year rush from buyers looking to lock-in purchases before a reduction in purchase subsidies for mass-market models from the end of December.