The world economy is generally divided into three regions. One is China.
The auto giant logged a nearly threefold increase in European sales last month, as its electric and hybrid vehicles remained in high demand on the continent.
Two of China's leading automakers, BYD and Geely, are among the finalists vying to purchase a Nissan–Mercedes-Benz plant in Mexico, according to a person familiar with the matter, as China seeks a manufacturing foothold in a country where U.S. tariffs are fueling factory closures and layoffs.
Chinese automaker BYD Co (HKG:1211, LSE:0HKY, OTCQX:BYDDY) has filed a lawsuit against the US government challenging tariffs imposed under President Donald Trump and requesting refunds for duties paid since April 2025. The case was filed on January 26, 2026, in the US Court of International Trade by four of BYD's American subsidiaries: BYD America, BYD Coach and Bus, BYD Energy, and BYD Motors.
BYD, the world's largest EV maker, has begun expanding into Brazil, the world's seventh-largest nation by population at 213 million people.
BYD, the leading Chinese electric car company, reported January sales that marked a nearly two-year low. As car sales in the first two months of a year can be volatile for China, analysts are watching to see whether figures for the first quarter point to a significant slump.
Chinese automaker BYD is aiming to produce and source 50% of its vehicle components locally at its new Brazilian factory by the end of 2026, the company's top executive in the country told Reuters, amid concerns about the EV giant undercutting the local industry.
BYD remains the EV volume leader but saw a 30% YoY sales decline in January, pressured by reduced China subsidies and intensifying competition. Xiaomi delivered 39,000 vehicles in January, up 70% YoY, outperforming peers and leveraging its electronics business for rapid EV market share gains. NIO nearly doubled January sales YoY, driven by premium segment strength, while XPeng and Li Auto faced notable delivery declines amid fierce competition.
BYDDY's January 2026 NEV sales fall over 30% year over year, extending a five-month slide amid EV competition.
BYD's vehicle sales fell by 30.1% in January from a year earlier, the fifth straight month of decline, as the Chinese electric vehicle maker navigates external uncertainties and stiff competition at home.
BYDDY signs a new MoU with XOM to deepen hybrid EV innovation, expanding joint R&D, standards work and global supply-chain support with a longtime partner.
China's BYD and U.S. oil major Exxon Mobil will deepen their partnership in hybrid technology, the Chinese electric vehicle maker said in a statement on Tuesday.