BYD (BYDDF) Reports 15.7% Drop in EV Sales for April 2026

AI Summary

BYD (BYDDF) experienced a 15.7% decrease in passenger vehicle sales year-over-year in April, delivering 314,100 units, although this represents a 6.2% increase from March. The company's export figures reached a record high of 135,098, up over 70% compared to the same month in 2025. In the first quarter, BYD reported an 11.8% decline in operating revenue to 150 billion yuan (approximately $22 billion) and a nearly 55.4% drop in profits from the previous year. The competition in the market continues to intensify, with rivals Leapmotor and Zeekr achieving record high monthly deliveries.