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It’s a mixed result for BYD at the end of the year. The big headline is that the company passed up Tesla in annual BEV (fully electric vehicle) sales. Overall, the company’s BEV sales grew 28% in 2025. However, that hides a significant drop in sales at the end of the year. As the headline above states, BYD’s BEV sales dropped 8% in December year over year.
Just as interesting is looking at the company’s plugin hybrid sales. Across the whole year, those were down 8% compared to 2024. In December, they were down 25.7%. This is despite significant growth in BYD’s PHEV sales in Europe.
In net, BYD’s passenger plugin vehicle sales were up 6.8% year over year in 2025, but they were down 19.4% in December.
Let’s turn away from passenger vehicles now and look at BYD’s commercial vehicle sales (all electric, of course).
Looking at BYD’s electric bus sales is not uplifting. They were down 63.6% in December 2025 compared to December 2024, and they were down 11.8% across the year as a whole.
On the flip side, though, BYD’s non-bus commercial vehicle sales soared. They were up 28% in December and up 222% across 2025.
For more fun, here are interactive versions of the charts above:
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