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Re:

BYD April 2026 NEV Sales Rebounded From March but Fell Year Over Year

BYD’s April 2026 NEV sales rose from March but remained below April 2025, while year-to-date sales were down 26.02%.
From TheFinanceBase Team2 min to read
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BYD reported 321,123 new energy vehicle (NEV) sales in April 2026. That was 6.96% higher than March, but 15.51% lower than April 2025; sales for January through April were down 26.02% year over year. April therefore marked a month-to-month recovery, not evidence of sustained annual growth or a confirmed company forecast.

How many vehicles did BYD sell in April 2026?

BYD Company Limited reported 321,123 NEV sales for April 2026 in a Hong Kong Exchange filing dated May 3. The filing’s comparison totals show 380,089 sales in April 2025, making the April 2026 total 15.51% lower year over year. The company’s figures are unaudited and may be adjusted before final confirmation. BYD’s HKEX filing

Why April’s sales can rise and still be down

The direction depends on the comparison period. CnEVPost reported that April sales were 6.96% higher than March, while the year-over-year comparison was a 15.51% decline. A sequential rebound and an annual decline can occur at the same time; neither comparison should be presented as the whole trend. CnEVPost’s April sales report

January–April sales remained below the prior year

BYD reported 1,021,586 NEV sales from January through April 2026, compared with 1,380,893 in the same period of 2025. That is a 26.02% year-over-year decline, so April’s improvement over March had not reversed the cumulative annual shortfall.

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What BYD sold: electric, plug-in hybrid and commercial vehicles

Of April’s reported total, 314,100 were passenger NEVs. The company’s reported breakdown was:

BYD category, April 2026 Units
Battery electric passenger vehicles 156,944
Plug-in hybrid passenger vehicles 157,156
Total passenger NEVs 314,100
Buses 440
Other commercial vehicles 6,583
Total commercial vehicles 7,023
Total NEV sales 321,123

These categories and figures come from BYD’s unaudited filing. The filing also reported 20.977 GWh of installed capacity for NEV power and energy-storage batteries in April; that is a battery-capacity figure, not a vehicle-sales total.

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Exports and overseas sales use different measures

BYD’s filing reported 135,098 NEV exports in April. Separately, CnEVPost reported 134,542 overseas passenger vehicles and pickups, up 70.9% year over year. These are different scopes and should not be added together or treated as interchangeable. BYD’s official Chinese-language post said overseas sales exceeded 130,000 and described them as a record, but that characterization does not change the distinct definitions of the filing’s export count and the secondary report’s overseas vehicle figure. BYD’s May 6 post

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Does April support an expectation of continued growth?

Not by itself. The reported data establish a rise from March, but a decline from April 2025 and a larger decline in year-to-date sales. The reviewed filing reports past production and sales; it does not provide a forward sales forecast. April’s results therefore cannot substantiate a claim that BYD expects sales to keep increasing. A forecast should be attributed to a named source and should specify whether it concerns month-to-month sales, annual sales, exports or another measure.

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