BYD Dominates 2025 EV Market Despite December Slump
TL;DR Summary
BYD's December EV deliveries in China declined sharply from the previous month amid a volatile market and weak domestic demand, but the company still led overall sales in 2025 with over 4.54 million vehicles, despite a 16% reduction in its sales target. The year saw strong growth for affordable EV startups like Leapmotor, Xpeng, and Nio, while Li Auto experienced a decline, and Huawei-backed brands showed momentum with significant delivery increases.
- BYD's China EV deliveries sharply decline in December, but lead overall sales in 2025 CNBC
- China's BYD set to overtake Tesla as world's top EV seller BBC
- China's BYD posts weakest sales growth in five years on headwinds at home Reuters
- China's BYD logs record EV sales in 2025 Yahoo Finance
- BYD Sells 4.6 Million Vehicles in 2025, Meets Revised Sales Goal Bloomberg.com
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