BYD EV Sales Statistics

• A weak start to the year drove the decline. BYD’s sales fell 30.1% year on year in January 2026 and 41.1% in February, and only returned to growth in May¹.
• Sales in China fell sharply. Domestic sales dropped 30.2% to 1,788,616 in January–September 2026¹.
• Overseas sales nearly doubled, rising 92.7% to 1,342,960 and offsetting much of the drop at home.¹ BYD has raised its 2026 overseas sales outlook to 1.9–2 million vehicles, according to a Deutsche Bank note citing management.
• Battery-electric cars are leading the recovery. Passenger BEV sales rose 1.5% to 1,629,957 in the first nine months, while plug-in hybrid sales fell 10.2% to 1,448,587.¹ Third-quarter sales of 1,323,065 were up 18.7%, BYD’s first quarterly growth after four straight quarters of decline.

BYD has sold more battery-electric cars than Tesla since 2025. In 2025, BYD sold 2,256,714 passenger BEVs, beating Tesla’s 1,636,129 deliveries for the first time to become the world’s largest seller of battery-electric cars over a full year³.

• In January–September 2026, BYD sold 1,629,957 passenger BEVs, 305,276 more than Tesla’s 1,324,681 deliveries, even though Tesla grew faster (up 8.8%, against 1.5% for BYD)³.
• Tesla led in the first quarter of 2026 (358,023 against 310,389), but BYD regained the lead in the second quarter and widened it in the third, with 762,478 BEVs against Tesla’s 486,532³.
• Counting plug-in hybrids, BYD sells almost three times as many EVs as Tesla: 4,602,436 against 1,636,129 in 2025².
• Tesla sells only battery-electric cars, so the like-for-like comparison uses BYD’s passenger BEVs and leaves out its plug-in hybrids and commercial vehicles³.

• BYD’s annual revenue reached ¥804.0 billion in 2025, up 3.5% from 2024¹¹ — far slower growth than the 29% rise a year earlier.
• BYD’s annual revenue reached ¥777.1 billion in 2024¹², up from ¥602.3 billion in 2023¹³, showing how quickly the company’s top line has grown alongside its expansion in the EV market.
• In 2023, BYD generated ¥602.3 billion in revenue (about $85 billion)¹⁴, making it one of the highest-revenue players among global electric vehicle manufacturers.
• The biggest step-change happened from 2021 to 2022, when BYD’s revenue jumped from ¥216.1B to ¥424.1B—nearly doubling (+96%) in a single year¹³.
• Over the long term, BYD’s financial growth has been dramatic: from ¥46.7B in 2010¹⁵ to ¥804.0B in 2025¹¹, reflecting its rise from a regional automaker into a global force in electric vehicles and energy.

No. BYD does not sell passenger cars to U.S. consumers through normal dealerships/retail channels. The company has said it has no plans to sell cars in the U.S.¹⁷

• Tariffs make imported BYDs uneconomic. The U.S. tariff on Chinese-made electric vehicles rose from 25% to 100% in 2024.¹⁸
• A federal rule will bar BYD from selling connected cars in the U.S. from model year 2027. The Commerce Department rule, finalized in January 2025, covers manufacturers with ties to China even if their cars are built in the U.S.¹⁹
• BYD does have a U.S. presence, but it’s mainly commercial/fleet (e.g., buses), not consumer cars.

• BYD e6 is a fully electric compact MPV, known for its spacious interior and long range. It has been widely used in fleet operations, including taxis.
• BYD Tang EV is an all-electric SUV offering strong performance, advanced safety features, and a competitive range. It is available in multiple global markets, including Europe and China.
• BYD Han EV is a luxury electric sedan, known for its sleek design, powerful performance, and long driving range, positioned to compete with premium brands like Tesla.
• BYD Dolphin is a compact electric hatchback aimed at urban drivers, recognized for its modern design, affordability, and energy efficiency.
• BYD Yuan Plus (Atto 3), also marketed as Atto 3 in some regions, is a compact electric SUV offering a practical range and advanced features, targeting markets outside China, such as Europe and Australia.
• BYD Seal is a mid-sized electric sedan with a sleek design, long-range capabilities, and high performance, extending BYD’s lineup into the premium EV segment.

What was BYD’s first electric car?

• BYD's first Battery Electric Vehicle (BEV), the e6, was introduced in 2010²⁰ as a fully electric compact MPV with a spacious interior and practical range.
• Initially designed for fleet use, like taxis and ride-sharing, the e6 became popular for its reliability and utility, offering a range of up to 300 km (186 miles) per charge²⁰, playing a crucial role in BYD's electric mobility expansion.