
BYD April sales rebound sequentially as overseas shipments hit record high

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BYD's April NEV sales reached 321,123 units, a 6.96% increase from March, but a 15.51% decline year-on-year. Overseas shipments hit a record high of 134,542 units, surging 70.9% year-on-year. Despite the rebound in monthly sales, the company faces challenges with a cumulative 26.02% drop in sales for the first four months. The first-quarter profit fell 55.38% due to market pressures and rising costs. To address these issues, BYD is increasing prices for its smart driving system and launching new models with advanced technology.
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