--- title: "BYD Mar NEV sales rebound to over 300,000 as overseas growth accelerates" type: "News" locale: "en" url: "https://longbridge.com/en/news/281361123.md" description: "BYD's NEV sales rebounded to 300,222 units in March, a 57.85% increase from February, but down 20.45% year-on-year. Overseas sales surged 65.12% to 120,083 units. Despite the monthly recovery, BYD faces ongoing challenges with year-on-year declines and a competitive market. The company aims to export 1.5 million vehicles in 2026 and has expanded its charging infrastructure. In Q1, total NEV sales were 700,463 units, down 30.01% year-on-year, while battery installations increased by 4.46% year-on-year. BYD remains a leader in the global NEV market." datetime: "2026-04-01T11:50:55.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/281361123.md) - [en](https://longbridge.com/en/news/281361123.md) - [zh-HK](https://longbridge.com/zh-HK/news/281361123.md) --- > Supported Languages: [简体中文](https://longbridge.com/zh-CN/news/281361123.md) | [繁體中文](https://longbridge.com/zh-HK/news/281361123.md) # BYD Mar NEV sales rebound to over 300,000 as overseas growth accelerates > - BYD sold 300,222 NEVs in March, up 57.85% from February, though down 20.45% year-on-year. > - Overseas sales reached 120,083 units in March, jumping 65.12% from a year earlier. BYD monthly NEV sales 2024 2025 2026 BYD's sales rebounded to top 300,000 units last month, though the figures indicate the industry remains in a period of adjustment. The Chinese new energy vehicle (NEV) giant sold 300,222 NEVs in March, a 57.85% increase from the 190,190 vehicles sold in February, despite a 20.45% drop from the 377,420 units delivered in the same period last year. This marks the seventh consecutive month of year-on-year declines in BYD's monthly sales, underscoring a slowdown following years of breakneck growth. Join us on Telegram or Google News Passenger vehicle sales stood at 295,693 units in March, up 57.47% from the previous month, though down 20.39% year-on-year. BYD monthly passenger NEV sales 2024 2025 2026 Sales of battery electric vehicle (BEV) and plug-in hybrid electric vehicle (PHEV) models were roughly evenly split, at 147,601 and 148,092 units, respectively. BYD monthly passenger BEV sales 2024 2025 2026 BYD monthly passenger PHEV sales 2024 2025 2026 Overseas markets continued to be a bright spot for BYD's sales growth. The company exported 120,083 vehicles in March, jumping 65.12% year-on-year and increasing 19.37% from February. BYD monthly overseas passenger NEV sales 2024 2025 2026 By brand structure, the Dynasty and Ocean lineup continued to contribute the bulk of sales, totaling 262,327 units, while the premium Denza and Yangwang brands recorded 7,133 and 307 units, respectively. Despite the month-on-month recovery, the pressure remains evident compared to last year. In the same period of 2025, BYD's sales totaled 377,420 units, reflecting the strain brought by intensifying market competition. This trend aligns with the broader industry environment. China's NEV market remains entrenched in price wars, with automakers vying for market share through promotions and price cuts that squeeze profit margins. BYD disclosed last week that its full-year net profit for 2025 fell 19% year-on-year, partly due to the protracted domestic price war weighing on profitability. BYD's management has raised its 2026 export target to 1.5 million vehicles, up from the previous guidance of 1.3 million, signaling that overseas operations will shoulder a greater share of growth responsibilities. Infrastructure roll-out is also advancing in tandem. BYD has put its 5,000th flash charging station into operation and plans to build 20,000 by the end of 2026 to support its vehicle user experience and sales expansion. The company said that its flash charging network now covers 297 cities and will gradually expand to highways and overseas markets. In the first quarter, BYD sold 700,463 NEVs, down 30.01% year-on-year and a 47.82% plunge from the fourth quarter. BYD quarterly NEV sales 2024 2025 2026 First-quarter overseas sales reached 321,165 units, demonstrating the continuously rising importance of international markets. BYD quarterly overseas passenger NEV sales 2024 2025 2026 Despite the sluggish start to the year, BYD's cumulative NEV sales have surpassed 15.8 million units, further cementing its leading position in the global automotive market. In addition to being China's largest NEV manufacturer, BYD is also the country's second-largest battery manufacturer. In March, its battery installations for powertrain and energy storage totaled 21.255 GWh, representing a year-on-year increase of 4.46% and a month-on-month increase of 13.22%. In the first quarter, its battery installations totaled 60.215 GWh, up 14.58% year-on-year, although down 26.91% from the fourth quarter of 2025. BYD monthly battery installations 2024 2025 2026 BYD reportedly targets higher 2026 overseas sales of 1.5 million units BYD management expressed confidence in achieving 1.5 million vehicle exports in 2026. ### Related Stocks - [BYD COMPANY (01211.HK)](https://longbridge.com/en/quote/01211.HK.md) - [Hua Xia CSI New Energy Vehicles ETF (515030.CN)](https://longbridge.com/en/quote/515030.CN.md) - [BYD Company Limited (BYDDY.US)](https://longbridge.com/en/quote/BYDDY.US.md) - [BYD (002594.CN)](https://longbridge.com/en/quote/002594.CN.md) - [BYD Company Limited (BYDDF.US)](https://longbridge.com/en/quote/BYDDF.US.md) - [ChinaAMC CSI Hong Kong Connect Automobile Industry Thematic ETF (159323.CN)](https://longbridge.com/en/quote/159323.CN.md) - [Hwabao WP CSI Intelligent Electric Vehicle ETF (516380.CN)](https://longbridge.com/en/quote/516380.CN.md) ## Related News & Research - [BYD reportedly targets higher 2026 overseas sales of 1.5 million units](https://longbridge.com/en/news/280965020.md) - [BYD Has Hit A Rough Patch. 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