BYD Sees Export Boom While NIO Deliveries Double
$BYD Co., Ltd.(BYDDF)$ $BYD COMPANY(01211)$ ’s January production, sales, and export figures. Total sales down 30% but exports boom 51%.
Expect renewed NEV industry support policies to reinvigorate domestic demand. Plus, NEV battery & energy storage installations grew 30% YoY.
BYD’s January domestic NEV sales drop 30% coming off a high base as the market takes a breather.
But the real story is in exports where BYD shipped 100k units, up 51% YoY. The company is seeing demand boom in emerging markets.
BYD sells 210,051 NEVs in Jan, down 30.11% year-on-year
$NIO Inc.(NIO)$ $NIO-SW(09866)$ China deliveries DOUBLE on strong demand for ES8 SUV. Off to a great start in 2026!
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