BYD Shares Face Turbulence After Sharp January Sales Decline

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The world’s leading electric vehicle manufacturer, BYD, has encountered a significant hurdle at the start of 2026. Newly released sales figures for January have revealed a substantial drop, amplifying existing investor concerns regarding intensifying competition within its crucial domestic market and placing noticeable pressure on its stock price.

Beyond seasonal factors, the competitive landscape in China is becoming increasingly fierce. Industry reports indicate that rival automaker Geely delivered approximately 124,252 electric and hybrid vehicles within China during January. This figure suggests Geely may have, for the first time, surpassed BYD’s domestic-only sales (excluding exports).