--- title: "BYD Feb NEV sales drop 41% while exports remain strong" description: "BYD's February NEV sales fell 41% year-on-year to 190,190 units, marking the sixth consecutive month of decline. The drop is attributed to the Chinese New Year holiday and reduced policy support. Pass" type: "news" locale: "en" url: "https://longbridge.com/en/news/277355689.md" published_at: "2026-03-01T12:43:34.000Z" --- # BYD Feb NEV sales drop 41% while exports remain strong > BYD's February NEV sales fell 41% year-on-year to 190,190 units, marking the sixth consecutive month of decline. The drop is attributed to the Chinese New Year holiday and reduced policy support. Passenger NEV sales decreased by 40.99%, while commercial NEV sales dropped 47.80%. Despite this, BYD exported 100,600 NEVs, a 50.09% increase year-on-year. To stimulate sales, BYD introduced low-interest auto loans. Analysts believe the launch of a new megawatt flash charging system could aid in sales recovery. > - BYD's February NEV sales totaled 190,190 units, marking the sixth consecutive month of decline. > - BYD launched 7-year low-interest auto loans to stimulate spring sales. BYD monthly NEV sales 2024 2025 2026 China's largest new energy vehicle (NEV) maker BYD (HKG: 1211, OTCMKTS: BYDDY) continued its sales decline in February, partly impacted by the Chinese New Year holiday and the tapering of policy support. BYD's February NEV sales totaled 190,190 units, down 41.09% year-on-year, marking the sixth consecutive month of decline, according to data released Sunday. Compared to January's 210,051 units, the figure represents a 9.46% decrease. Join us on Telegram or Google News The 2026 Chinese New Year holiday fell between February 15 and 23, whereas last year's holiday primarily occurred in January, impacting vehicle production and deliveries. BYD's February passenger NEV sales totaled 187,782 units, down 40.99% year-on-year and down 8.63% from January. BYD monthly passenger NEV sales 2024 2025 2026 Sales of passenger battery electric vehicles (BEVs) came in at 79,539 units, down 36.32% year-on-year and down 4.46% from January. BYD monthly passenger BEV sales 2024 2025 2026 Sales of passenger plug-in hybrid electric vehicles (PHEVs) totaled 108,243 units, marking a 44.01% year-on-year decline and an 11.47% decrease from January. BYD monthly passenger PHEV sales 2024 2025 2026 The company's commercial NEV sales in February totaled 2,408 units, down 47.80% year-on-year and down 46.88% from January. BYD monthly commercial NEV sales 2024 2025 2026 Despite overall sales pressure, overseas markets remained a rare bright spot. BYD exported 100,600 NEVs in February, maintaining its strong momentum. This marks the fourth consecutive month exceeding the 100,000-unit mark, representing a 50.09% year-on-year increase. BYD monthly overseas passenger NEV sales 2024 2025 2026 Additionally, BYD's total installed capacity for power batteries and energy storage batteries reached about 18.773 GWh in February, up 12.45% year-on-year, though down 7.00% from January. BYD monthly battery installations 2024 2025 2026 To counter weak market demand, BYD formally joined the ultra-long-term auto loan promotion camp late last month, with its brands launching low-interest financing plans extending up to 7 years to attract customers. With Chinese regulators discouraging direct price wars, automakers are intensively shifting toward lenient financial policies. This helps lower vehicle purchase barriers while protecting corporate profits. Entering 2026, Chinese NEV buyers face a 5% purchase tax, with the additional cost and adjustments to earlier stimulus policies impacting the automotive sector as a whole. BYD begins large-scale deployment of megawatt flash charging facilities Analysts said the launch of BYD's second-generation megawatt flash charging system will be a key driver for sales recovery. ### Related Stocks - [562260.CN - HFT CSI Auto Components Thematic ETF](https://longbridge.com/en/quote/562260.CN.md) - [01211.HK - BYD COMPANY](https://longbridge.com/en/quote/01211.HK.md) - [BYDDF.US - BYD Company Limited](https://longbridge.com/en/quote/BYDDF.US.md) - [159323.CN - ChinaAMC CSI Hong Kong Connect Automobile Industry Thematic ETF](https://longbridge.com/en/quote/159323.CN.md) - [515030.CN - Hua Xia CSI New Energy Vehicles ETF](https://longbridge.com/en/quote/515030.CN.md) - [159565.CN - E Fund CSI Auto Components Thematic ETF](https://longbridge.com/en/quote/159565.CN.md) - [562700.CN - ChinaAMC CSI Auto Components Thematic ETF](https://longbridge.com/en/quote/562700.CN.md) - [516110.CN - Guotai CSI 800 Automobile and Parts ETF](https://longbridge.com/en/quote/516110.CN.md) - [002594.CN - BYD](https://longbridge.com/en/quote/002594.CN.md) - [159306.CN - Ping An CSI Auto Components Thematic ETF](https://longbridge.com/en/quote/159306.CN.md) ## Related News & Research | Title | Description | URL | |-------|-------------|-----| | BYD boosts Dynasty lineup with Yuan Up discount and Qin Plus 7-year loan offer | BYD has expanded its promotions to the Dynasty lineup, offering a limited-time subsidy of 5,000 yuan ($729) for the Yuan | [Link](https://longbridge.com/en/news/277274563.md) | | BYD February vehicle sales fall at steepest pace since pandemic | BEIJING, March 1 (Reuters) - Chinese electric vehicle maker BYDrecorded the biggest fall in global sales in six years la | [Link](https://longbridge.com/en/news/277353635.md) | | GAC Honda Slashes Price of Limited Number of Accord e:PHEVs by USD14,618 | GAC Honda is reducing the price of a limited number of Accord e:PHEV models by CNY100,000 (USD14,618) to celebrate the m | [Link](https://longbridge.com/en/news/277045331.md) | | Changan expects to validate solid-state batteries in robots and EVs by Q3 | Changan is progressing with its solid-state battery project, aiming to validate the technology in robots and vehicles by | [Link](https://longbridge.com/en/news/276696100.md) | | Chinese People Return Home With EV for Chinese New Year Holiday as Charging Network Expands | Chinese migrant workers are increasingly returning home for the Chinese New Year holiday in electric vehicles (EVs) due | [Link](https://longbridge.com/en/news/276699466.md) | --- > **Disclaimer**: This article is for reference only and does not constitute any investment advice.