TLDR
- BYD’s November 2025 NEV sales dropped 5.2% to 480,186 units versus November 2024
- The decline marks three straight months of year-over-year sales decreases for the EV maker
- Battery electric vehicle sales climbed 19.9% while plug-in hybrids fell 22.4% year-over-year
- Despite monthly drops, year-to-date sales are up 11.3% at 4.18 million units
- BYD exported 131,935 vehicles in November, continuing global market expansion
BYD Company reported 480,186 new energy vehicle sales for November 2025, down 5.2% from 506,804 units sold in November 2024. The Chinese automaker now faces its third consecutive month of year-over-year sales declines.
Production numbers mirrored the sales slowdown. BYD manufactured 474,175 NEV units last month compared to 540,588 units in November 2024. The production figure came in roughly 6,000 units below sales, indicating the company tapped inventory to fulfill orders.
The monthly pressure hasn’t derailed BYD’s full-year momentum. Through November, the company sold 4.18 million NEVs, up 11.3% year-over-year. Production totaled 4,117,552 units for the eleven-month period, representing a 7.29% annual increase.
Passenger Vehicle Sales Show Split Results
BYD’s passenger vehicle segment posted 474,921 sales in November, declining 5.7% year-over-year. But the breakdown reveals contrasting trends between vehicle types.
Battery electric vehicles delivered strong performance with 237,540 units sold. That’s a 19.9% jump from last November. Pure EVs now represent exactly half of BYD’s passenger vehicle sales.
Plug-in hybrid sales told a different story. BYD moved 237,381 PHEV units, down 22.4% compared to November 2024. The sharp divergence suggests customers are gravitating toward fully electric models over hybrid options.
Commercial vehicle sales provided a bright spot. BYD sold 5,265 commercial NEVs, nearly double the 2,801 units from the prior year period.
International Reach and Battery Production
Export volumes reached 131,935 units in November. The figure demonstrates BYD’s continued push into international markets beyond its home base in China.
Battery capacity data showed 27.669 GWh of NEV power and energy storage batteries installed during November. The cumulative installed capacity for 2025 hit 258.282 GWh through the end of last month.
BYD stock carries a Buy rating from analysts with a price target of HK$130.00. The shares have gained 10.93% year-to-date. Market capitalization stands at HK$913.9 billion with average daily trading volume of 30,384,801 shares.
The post BYD Stock: Three-Month Sales Slump Raises Questions About EV Demand appeared first on Blockonomi.
This articles is written by : Nermeen Nabil Khear Abdelmalak
All rights reserved to : USAGOLDMIES . www.usagoldmines.com
You can Enjoy surfing our website categories and read more content in many fields you may like .
Why USAGoldMines ?
USAGoldMines is a comprehensive website offering the latest in financial, crypto, and technical news. With specialized sections for each category, it provides readers with up-to-date market insights, investment trends, and technological advancements, making it a valuable resource for investors and enthusiasts in the fast-paced financial world.