US EditionBYD 2025 Annual Report In Context - CleanTechnica
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7 Articles
BYD 2025 Annual Report In Context - CleanTechnica
In 2025, BYD became the largest producer of PHEVs, BEVs and NEVs overall globally. They were the top automotive company in China. They were also the largest exporter of BEV buses. And they were the top producer of Battery Energy Storage Systems (BESS) by installed capacity. However, in their recently released annual report, BYD’s net earnings declined 18.97% YoY. A net margin of 4.1% was down from 5.2% a year ago. Revenue was up 3.5% YoY. Exclud…
After years of growth that seemed unstoppable, the world’s largest manufacturer of electric vehicles has clashed with the reality of a saturated market. According to its latest published financial report, BYD has recorded its first fall in annual profits in four years. The net profit of the year 2025 dropped by 19%, reaching 32,600 million yuan (approximately 4.1 billion wuros), a figure that, although solid, marks a turning point in Shenzhen’s …
China's largest manufacturer of electric vehicles and plug-in hybrids reported a decline in annual profit for the 2025 fiscal year, the first such decline in four years. BYD's net profit fell by 19 percent year-on-year to approximately €4.1 billion. This result was significantly weaker than analysts had expected, who had anticipated an average drop of 12 percent. Revenue also fell short of expectations, growing by only 3.5 percent to around €97.…
The price war of the Chinese manufacturers is not without consequence. In fact, BYD records its first decline in profit in four years, in 2025. An important signal that may be the witness of a major change in China and in the electricity segment in the world. Unpublished balance sheet! On Friday, March 27, 2026, BYD officially published its figures for the year 2025. An unprecedented balance sheet that translates into shares in dungeon for the m…
BYD Received 12.5 Billion Yuan in Chinese Government Subsidies in 2025, Filing Shows
BYD reported its earnings results for the final quarter of 2025 last Friday, disclosing its first annual profit decline since 2021. In the annual report that followed the results, the world’s largest electric vehicle maker said that it received 12.47 billion yuan ($1.8 billion) in government subsidies related to its daily operations in 2025. Government subsidies for Chinese automakers have become a flashpoint in the industry for years. In Octobe…
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