BYD launches paid screen upgrade service as China EV price war squeezes profits

CnEVPost
2026.05.11 06:29
portai
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BYD has launched a paid infotainment screen upgrade service for select models, including the Qin, Song, and Seal series, priced at 1,999 yuan ($294). This initiative aims to boost aftermarket revenue amid a 55% drop in first-quarter profits due to a price war and sluggish domestic demand. Despite a 6.96% month-on-month increase in NEV sales in April, year-on-year sales have declined for eight consecutive months. To counteract domestic challenges, BYD is focusing on overseas market growth, achieving record sales of 134,000 units in April, a 70.9% increase year-on-year.