Chinese electric vehicle (EV) giant <a href="https://autoglobalnews.com/2026-new-car-calendar-toyota-rav4-byd-sealion-lead-the-way/” style=”color:#1a73e8;text-decoration:underline;” title=”2026 New Car Calendar: Toyota RAV4, BYD Sealion Lead the Way”>BYD reported a significant decline in new energy vehicle (NEV) sales domestically for December 2025, with figures dropping by nearly one-fifth year-on-year. Despite this setback, the company’s overseas market performance hit record highs.
Key Takeaways
- DYD sold 420,398 NEVs in December 2025, marking a 18.34% year-on-year decline.
- The company’s overseas sales reached an all-time high of 133,172 units last month, up by over 133% from the same period last year.
- BYD’s full-year NEV sales stood at 4,602,436 units in 2025, meeting its revised target despite recent declines.
The company’s December domestic NEV sales dropped to 420,398 units from the previous year’s figure of 514,809. This marks a fourth consecutive month of decline for BYD in China.
BYD’s overseas market continued its upward trajectory with record-breaking sales figures last December. The company sold over 133 thousand NEVs abroad, representing a substantial increase from the same period in 2024 and surpassing November’s high mark by nearly two percent.
The decline in domestic sales was particularly pronounced for passenger vehicles, which saw a drop of almost nineteen percent year-on-year to 414,784 units sold. Commercial vehicle sales also showed signs of weakness, with figures dropping from the previous month and falling short compared to last December’s numbers.
Despite these challenges at home, BYD’s international expansion remains strong, driven by growing demand in key markets such as Europe and Southeast Asia where its electric vehicles enjoy robust acceptance. The company has been investing heavily in overseas manufacturing capabilities to meet rising global demand.
Frequently Asked Questions
Why did BYD’s domestic sales decline?
The exact reasons aren’t provided by the company, but analysts suggest increased competition and market saturation could be contributing factors.
How does BYD plan to address its declining domestic performance?
BYD has announced initiatives aimed at product diversification and technological innovation to regain market share in China. The company will continue focusing on overseas growth as well.
In summary, while facing challenges domestically, BYD’s global strategy appears successful with record-breaking international sales figures despite domestic NEV sales dropping by nearly one-fifth year-on-year for December 2025.
