BYD Stock: A Rough February for BYD as Sales Hit a Six-Year Low
BYD's February 2026 new energy vehicle (NEV) sales plummeted 41.1% year-on-year, marking the steepest decline since February 2020 and the sixth consecutive month of falling sales. Total NEV production and sales both dropped approximately 38% compared to February 2025, with passenger car volumes bearing the brunt of the downturn.
Despite the bleak domestic performance, exports provided a silver lining, with 100,600 NEVs shipped overseas. Battery capacity remained robust, underscoring BYD's operational resilience even as demand wavers.
The figures highlight growing challenges for the Chinese EV giant, which has been aggressively expanding internationally. The sales slump echoes pandemic-era lows, suggesting macroeconomic headwinds may be outweighing the company's technological advantages in the global EV market.
