In May 2025, BYD Co. $1211.HK reached its strongest monthly sales of the year, following the introduction of substantial dealership discounts in the final days of the period. The automaker reported 382,476 vehicles sold, including 376,930 passenger cars—a figure that marks a significant uptick relative to earlier months.
Tensions surfaced sharply in China’s automotive industry on Friday as the CEO of BYD $002594.SZ publicly criticized statements made by Great Wall Motor’s chairman Wei Jianjun, who had described the sector as “unhealthy.” This disagreement highlights growing unease within the market, particularly regarding an intensifying price war that is weighing heavily on profit margins across leading Chinese automakers.
A significant shift has taken place in Singapore's automotive market — Chinese electric vehicle (EV) manufacturer BYD $002594.SZ has officially become the top-selling car brand in the city-state during the first four months of 2025. For the first time, BYD has unseated long-standing leader Toyota $7203.T, marking a critical moment in the global competition for electric vehicle dominance.
In response to the European Union’s tariffs on Chinese-made electric vehicles (EVs), Chinese automakers such as BYD $002594.SZ and Chery $033100.KQ are increasing their sales of plug-in hybrid electric vehicles (PHEVs) in the European market. This shift aims to bypass the hefty import duties that have been levied on fully electric vehicles (BEVs) from China. With the growing presence of hybrid vehicles in Europe, Chinese manufacturers are adjusting their strategies to stay competitive in a market that is evolving rapidly.
Not so long ago, Porsche stood as an undisputed symbol of prestige and success in the Chinese auto market. Today, the legendary German automaker finds itself at the heart of a dramatic transformation faced by European automotive leaders in China. According to reports for the first quarter of 2024, Porsche sales in China plummeted by 42% year-on-year—a stark contrast to its historic peak in 2021, when the brand sold 95,671 vehicles in China, accounting for nearly one-third of its global sales. This sharp decline highlights an ongoing shift as consumers increasingly gravitate toward technologically advanced vehicles developed by domestic manufacturers.
BYD $002594.SZ, a leading Chinese electric vehicle manufacturer, is reevaluating its operations in Europe following a series of strategic missteps. Challenges such as insufficient dealer engagement and the hiring of executives with local market expertise have hindered its growth in this crucial export market. To address these setbacks, BYD is actively expanding its dealer network and offering competitive salaries to attract experienced leaders from other automakers, particularly from Stellantis $STLAM.MI.
Saudi Arabia’s energy giant Saudi Aramco $2222.SR and China’s leading electric vehicle manufacturer BYD $BYDDF have announced a collaboration to develop advanced technologies for next-generation energy sources in transportation. Spearheaded by Saudi Aramco Technologies Company (SATC), the initiative aims to elevate vehicle efficiency and environmental sustainability, aligning with Saudi Arabia’s national agenda to expand green mobility and lower its carbon footprint.
Chinese electric vehicle manufacturer BYD has announced an anticipated growth in net profit for the first quarter of the year, with figures potentially rising by 86.0% to 118.9% compared to the same period last year. This forecast underscores BYD's strong market position and reflects the rising global demand for electric vehicles.
In the run-up to one of the world’s largest automotive events, a heated dispute regarding the organization of Auto China has unfolded. A contentious disagreement among government supporters of China’s largest auto show has sparked uncertainty among manufacturers and potential visitors. This year, the event returns to Shanghai from April 23 to May 2, where renowned brands—from the iconic Volkswagen to China’s powerhouse BYD—will unveil numerous new models and deliberate on strategic developmental plans.
The year 2025 has marked a significant milestone for the stock market, as Hong Kong has overtaken India to become the second largest stock market globally. This achievement comes for the first time since 2021, primarily fueled by the recovery of stock prices for Chinese companies such as BYD Co. and Xiaomi Corp.
Chinese electric vehicle manufacturer BYD is pursuing ambitious plans to expand its global presence. Recent analyses reveal that the company is targeting overseas sales of over 800,000 vehicles by 2025. This strategic move includes not only increasing export volumes but also implementing local assembly to bypass extra tariffs, thereby optimizing production costs.
Recent developments concerning BYD, a leading electric vehicle manufacturer, have attracted attention in both the business community and economic circles. According to information published by the Financial Times, China has postponed the issuance of a permit for BYD to construct a new factory in Mexico. This decision has been made amid concerns that technologies developed by the company may be used in the United States.
