Overview
- BYD reported about 4.6 million vehicle deliveries for 2025, meeting its sales goal after the company trimmed its initial 5.5 million target in September.
- Battery‑electric sales reached 2.26 million for the year, a global record for any automaker, with BEV registrations exceeding PHEVs from April onward.
- Overall growth slowed to roughly 7.7% in 2025 as December sales fell 18.3% year over year and fourth‑quarter volumes declined versus a year earlier.
- Exports climbed to roughly 1.05 million, and BYD is expanding production abroad in Thailand, Uzbekistan and Brazil, with a Hungary plant slated to start output in the second quarter of 2026.
- Media and analyst tallies indicate BYD is poised to surpass Tesla in annual EV sales for the first time, with Tesla's full‑year total due Friday.