BYD

BYD’s US$60 billion wipeout points to deeper turmoil for China EVs

The company shares now trade at around 15 times forward earnings estimates, below their three-year average of 18

The Camacari factory now assembles cars from imported “semi-knocked down” (SKD) units, benefitting from an import tax exemption that just expired.

BYD shifts to local parts in Brazil factory in bid for market leadership

Since October, the automaker has produced about 25,000 cars at the industrial complex

BYD is extending its lead over Tesla after having passed its US rival in Germany and the UK last year.

BYD extends German car sales lead over Tesla with 1,000% surge

Chinese-owned brands MG, Leapmotor and Xpeng have for months expanded in Europe amid a bruising EV price war at home

BYD’s Hong Kong-listed shares dropped 7.8 per cent to HK$90.10, the lowest level since Feb 3, 2025.

BYD leads Chinese automaker sell-off on weakening sales

The sell-off highlights rising investor concern that China’s carmakers face a prolonged slowdown

BYD has been more successful than anyone else at capitalising on the clean-air incentives and tax breaks that have done so much to buoy EV sales, the writer notes.
THINKING ALOUD

Could BYD’s best days be behind it?

As EV incentives here wind down, insiders know the carmaker can’t stay on top forever

BYD sold 210,051 vehicles globally in January. The export volume of new energy vehicle was at 100,482 units for the month.

China’s BYD vehicle sales fall for fifth month in a row

It has narrowly met its slashed global sales target of 4.6 million units in 2025, and has not announced this year’s target

Diversifying beyond China has become increasingly important for BYD as growth slows at home amid reduced EV subsidies and intensifying competition.

BYD weighs India expansion as hundreds of car orders pile up

The automaker has approached Indian auto sector regulators to flag how import limits could constrain growth

For Singapore investors, when it comes to China exposure, the question is not how much China, but which, says the writer.

Quiet malls, full containers: The two-speed reality of the Chinese economy

The China that disappointed investors may not be the same one that is growing

Year on year, BYD grew its sales by more than 80%.

BYD dominates new car sales in Singapore with over 20% market share

Toyota comes in second, while BMW, Mercedes-Benz and Honda round out the top five brands

Ford has sourced batteries from BYD since 2020 for its joint-venture Chinese factories with state-owned Changan Automobile.

Ford in talks to use BYD batteries for overseas factories

Hybrid sales have grown worldwide as the market for pure EVs has slowed