BYD Reports November Sales Dip Despite Yearly Growth
BEIJING (CarNewsChina) – BYD, one of China's leading electric vehicle manufacturers, saw a 5.25% year-on-year decline in NEV sales for November 2025, despite delivering the highest monthly total this year with 480,186 units.Key TakeawaysBYD delivered a record high of 480,186 NEVs in November but saw a decline compared to the same period last year.The company attributes the dip to regular product cycles and industry-wide homogenization.BYD plans significant technology releases over the next two years to regain competitive edge.In an effort to address this slowdown, BYD's chairman Wang Chuanfu reassured shareholders during a second extraordinary general meeting that these dips are part of normal business cycles and not indicative of long-term issues. He emphasized the company’s strong techni...