BYD posted higher sales growth in May for the first time in eight months, driven by record overseas demand. With orders for new vehicles equipped with its new battery and charging tech surging, BYD is now struggling to meet demand.
BYD overseas sales boost demand in May
While the storyline over the past few months has been about BYD’s slowing growth, sales rebounded in May, with 383,453 new energy vehicles (NEVs) sold.
Although it was only slightly higher than it sold in May 2025, it was enough to end an eight-month streak of lower year-over-year sales growth.
BYD’s sales were up nearly 20% from the 321,123 NEVs it sold in April. By powertrain, the company sold 198,674 purely electric vehicles (EVs) in May, up 27% from the month prior. Plug-in hybrid (PHEV) sales rose 14% from April to 178,316 units.
