China's BYD has told some suppliers it wants to stop using in-house financial notes to pay them, people briefed on the matter said - a seismic shift away from a practice that helped power its rise but has been criticised for disadvantaging its parts makers.
BYD has disappointed in 2025, hurt by Chinese market price wars and export growing pains. Margins and cash flow are expected to recover in 2026, supported by exports and scale gains at new overseas manufacturing. BYD's future growth drivers may include autonomous vehicle technology, robotaxi ventures, and humanoid robots, none of which are currently priced into the stock.
Chinese electric vehicle maker BYD aims to sell up to 1.6 million vehicles abroad next year, doubling down on overseas expansions with high double-digit growth from 2025, Citi said in a report on Tuesday.
Global EV sales surged in Q3 due to U.S. subsidy pull-forward effects, but October saw a reversal with declining sales in the US. BYD Company Limited remains the world's EV volume leader, yet October sales dropped 12% year-over-year amid fierce Chinese competition. NIO Inc. and XPeng Inc. posted strong October growth, gaining market share in China, while Li Auto Inc. lagged.
Chinese automaker BYD said on Saturday its October sales dropped 12% from the same month a year earlier to 441,706 vehicles.
BYD's Japanese mini-car will not go on sale until the end of next year, but it has already created buzz - at least among officials in Tokyo worried about the challenge from China's biggest automaker.
Electric cars made by the Chinese car firm BYD are now a familiar sight on British roads. In September 2025, the company sold 11,271 vehicles in the UK—ten times as many as in the same month last year.
The world's largest electric vehicle (EV) maker, China's BYD, just issued a recall of 115,000 vehicles because of design and battery problems.
Chinese car maker BYD will make its largest recall yet of more than 115,000 Tang series and Yuan Pro vehicles produced between 2015 and 2022 due to design defects and battery-related safety risks, China's market regulator said on Friday.
China's No. 1 automaker BYD considers Spain to be its top candidate for a third car factory to serve the European market, two people briefed on the matter told Reuters, as the company seeks to grow sales on the continent.
China's largest carmaker BYD on Wednesday launched sales of its EVs in Argentina, taking advantage of the lifting of import tariffs for electric and hybrid vehicles and boosting its fast-growing footprint in South America.
BYD Company Limited has overtaken Tesla to become the most dominant Electric Vehicle company in the world. BYD's strong cash-to-debt ratio, efficient cash conversion cycle, and government support enable aggressive R&D and global manufacturing expansion. The company maintains industry-leading gross margins and cost leadership, allowing pricing flexibility amid price wars and supporting resilience against margin pressures.