
BYD's January NEV deliveries slump as policy headwinds bite
BYD sold 210,051 NEVs in January 2026, down 30.11% YoY and 50.04% MoM as demand softens amid policy changes; passenger NEVs were 205,518 (BEVs 83,249; PHEVs 122,269), commercial NEVs rose 10.78% YoY to 4,533; overseas passenger NEV sales reached 100,482 (+51.47% YoY); January battery installations were 20.187 GWh (+30.15% YoY) as BYD targets about 1.3 million overseas vehicle sales in 2026.





