KATHMANDU: BYD recorded a year-on-year sales decline for the eighth consecutive month in April 2026, according to Chinese media reports,
The company sold 314,100 passenger vehicles in April. This is a 15.7 percent drop compared to the same period last year. However, sales increased by 6.2 percent compared to March, indicating a mild recovery after the Chinese New Year slowdown.
Despite weak domestic demand, BYD achieved record overseas sales. The company exported 134,542 passenger vehicles and pickups in April, up 70.9 percent year-on-year. Overseas markets contributed 42.8 percent of total monthly sales.
From January to April, BYD sold 1,003,039 passenger vehicles. This is down 26.4 percent compared to last year. During the same period, overseas sales reached 455,707 units, showing a 59.8 percent growth. The company has set a target to sell 1.5 million vehicles overseas in 2026.
Including commercial vehicles and buses, BYD’s total sales in April stood at 321,123 units.
Brand-wise, the core lineup including Dynasty and Ocean series sold 273,448 units, down 21.2 percent year-on-year. The Fang Cheng Bao brand recorded strong growth, rising 190.2 percent to 29,138 units. In contrast, premium brand Denza dropped 26.9 percent to 11,250 units. The high-end Yangwang brand grew 95.6 percent but total sales remained low at 264 units.
The sales pressure comes alongside weaker financial performance. BYD’s net profit declined 55.4 percent year-on-year in the first quarter. Rising costs and ongoing price competition in China affected overall margins.
