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BYD Experiences First Profit Drop Since 2021

BYD's net profit fell 19% to 32.6 billion yuan in 2025 due to fierce competition, weaker domestic demand, and reduced subsidies despite record revenue and sales.

Summary by PerthNow
BYD, the world's largest electric vehicle maker, has been expanding into global markets but says its profit has fallen for the first time since 2021.

6 Articles

BYD, the world's largest electric vehicle manufacturer, recorded a decrease in annual profit for the first time in the last four years, which...

·Ilfov County, Romania
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They are only fourth at home.

·Hungary
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The e-car giant from China is shaken: for the first time in four years, BYD's profits are falling. Those who are now at the forefront of the gigantic market.

·Düsseldorf, Germany
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The Chinese giant of electric vehicles BYD reported this Friday that its annual net profit fell 19% in 2025 compared to the previous year, in the middle of a conjuncture marked by a weak domestic expense.The net profit attributable to BYD shareholders last year was 32,600 million yuan (about 4.7 billion dollars), compared to 40,300 million yuan (about 5,800 million dollars) of 2024, the company said in a statement to the Hong Kong Stock Exchange…

·Costa Rica
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South China Morning Post broke the news in Hong Kong on Friday, March 27, 2026.
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