Economy

BYD profits drop by more than half as Chinese sales slow

Phasing out of electric vehicle subsidies has driven slump in domestic sales growth following years-long boom

F
Financial Times
April 28, 2026·1 min read
BYD profits drop by more than half as Chinese sales slow

Image: Financial Times

Phasing out of electric vehicle subsidies has driven slump in domestic sales growth following years-long boom

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BYD profits drop by more than half as Chinese sales slow

Published by Financial Times

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