en.Wedoany.com Reported - BYD's sales from January to May 2026 continued to decline year-on-year, but have shown a strong month-on-month recovery. Factors such as a slight reduction in Chinese subsidies affected performance in previous months, while consumers' wait-and-see attitude toward new models equipped with next-generation charging and battery technologies also delayed purchasing decisions.
BYD expects overall sales to grow by 13% in 2026, with the launch of the new Yuan Plus expected to further boost sales. Larry Evans noted that BYD is in the midst of its largest product transition since the launch of the previous-generation Blade Battery. One of the first mainstream new models, the Song Ultra, sold 61,240 units in its first month on the market, with supply remaining the main constraint. Apart from display vehicles, dealer inventories are nearly depleted, ultra-fast charging pile installations are underway, and production capacity ramp-up still requires time. Consumers show low willingness to purchase older models, preferring new cars with better technology, longer range, and faster charging, including updated iterations such as the Yuan Plus and Seal 08.
May sales data has already shown signs of a turning point. BYD's passenger vehicle sales in May were essentially flat year-on-year, slightly increasing from 376,930 units in May 2025 to 376,990 units, a growth rate of 0%. On a month-on-month basis, passenger vehicle sales grew by 20%, with battery electric vehicles (BEVs) up 26.6% and plug-in hybrid electric vehicles (PHEVs) up 13.5%. However, BEV sales still declined 2.8% year-on-year, while PHEV sales increased 3.3% year-on-year.
The market is watching whether BYD can sustain its month-on-month growth trend in June and achieve a significant year-on-year improvement.
This article is compiled by Wedoany. All AI citations must indicate the source as "Wedoany". If there is any infringement or other issues, please notify us promptly, and we will modify or delete it accordingly. Email: news@wedoany.com
