BYD reports drop in earnings in 2025 despite record sales

China’s largest shaper of caller vigor vehicles (NEVs), BYD Auto, reported a 3.5% emergence successful planetary income gross to a grounds CNY 804 cardinal (US$ 116 billion) successful 2025, but profits fell for the archetypal clip since 2021, reflecting cut-throat contention and weakening request successful its location marketplace successful the 2nd fractional of the year.

Earlier this year, the institution reported a 7.7% summation successful planetary income to 4,602,436 vehicles past year, driven chiefly by a 151% surge successful overseas income to 1,046,083 units, arsenic the automaker stepped up its planetary expansion. Domestic income declined by astir 8% to 3,556,353 vehicles past year, with deliveries falling sharply successful the 2nd fractional of the twelvemonth arsenic contention from different Chinese manufacturers continued to intensify portion wide request weakened.

BYD’s nett net declined by 19% to CNY 32.6 cardinal (US$ 4.7 billion) past year, the archetypal nett diminution since 2021.

Domestic marketplace conditions person continued to deteriorate successful 2026, aft the Chinese authorities withdrew immoderate of its NEV subsidies astatine the extremity of past twelvemonth and arsenic contention continued to intensify. The automaker reported a 36% driblet successful planetary income to 400,241 units successful the archetypal 2 months of the year, with home income plunging by 58% to 199,159 units, portion exports surged by implicit 50% to 201,082 units.

"BYD reports driblet successful net successful 2025 contempt grounds sales" was primitively created and published by Just Auto, a GlobalData owned brand.

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