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BYD Reclaims China Auto Sales Crown in October, Global Expansion Pace Continues to Accelerate

2026-11-06 10:10:00
SeasideEVJourneyTour
643 Fans   47 Following   430 Posts

Entering November, multiple automakers successively announced October sales figures. According to the latest report from BYD, amidst fierce market competition, BYD turned in a dazzling performance report showing resilient growth. Data shows that BYD's October new energy vehicle sales reached 490,168 vehicles, up 11% year-on-year, setting a new single-month sales high for the year. Among the disclosed auto companies and groups, BYD firmly holds the top spot in China's auto company group sales.

Pure Electric Explosive Growth, Premiumization Continues to Accelerate

From the perspective of power types, October pure electric passenger car sales reached 305,743 vehicles, up 37.38% year-on-year, refreshing historical records for three consecutive months; plug-in hybrid passenger car sales were 177,382 vehicles. The strong performance of pure electric models marks that consumer confidence in pure electric technology continues to strengthen, and also confirms that the company's long-term investment in battery technology and charging infrastructure is being converted into market returns.

From a brand perspective, the Dynasty and Ocean series deliveries reached 423,843 vehicles, firmly holding the core market; Fang Cheng Bao deliveries were 43,872 vehicles, up 41.3% year-on-year, also becoming the sales leader among new force brands with average prices above 200,000 yuan; Denza deliveries were 15,152 vehicles, up 49.5%, with Denza average transaction price of 330,000 yuan; Yangwang deliveries were 258 vehicles. The combined sales of the three high-end brands approached 60,000 units, with cumulative sales for the first three quarters up 75.1% year-on-year, accounting for 13.3% of the group's total passenger car sales, showing increasing effectiveness of the premiumization strategy. Sales of 200,000 yuan+ price point models in the third quarter reached 173,507 units, securing the number one sales position for Chinese brands in the price bracket above 200,000 yuan.

Overseas Market Continues High Growth, Globalization Layout Deeply Advanced

In the just concluded October, BYD's total exported new energy vehicles amounted to 170,194 units. Among them, overseas passenger car and pickup truck sales reached 169,564 units, with cumulative sales in the first 10 months exceeding 1.5 million units, business covering over 120 countries and regions. With the 100,000th new energy vehicle rolling off the assembly line at the Brazil plant, BYD is accelerating the promotion of product exports and local manufacturing, with its globalization layout constantly reaching new heights, and the pace of global expansion continuing to speed up.

On October 14, BYD officially released the second-generation Blade Battery and Flash Charging technology in Indonesia, and announced the official launch of the new Denza D9 and Z9GT. Relying on two disruptive technological innovations, it achieved world-leading ultra-fast charging speeds, truly achieving "5 minutes to charge well, 9 minutes to charge fully", making charging as convenient and efficient as refueling. This breakthrough not only brings a freer and more relaxed electric travel experience to consumers, but also injects new momentum into the industrial transformation and upgrading of new energy vehicles in Indonesia.

Liu Xueliang, Vice President of BYD Company Limited and General Manager of Asia-Pacific Auto Sales Division, stated: "True technical passion is believing in a future and firmly turning it into reality. In development to date, BYD's thinking on technological innovation has long surpassed the simple scope of 'making cars, selling cars'. We always believe that the value of an enterprise lies not only in how powerful itself is, but more importantly in whether it can create greater value for society through technological innovation, allowing advanced technology to truly benefit more people. It is this belief that drives BYD to constantly break through technical boundaries and turn once seemingly distant technical visions into reality step by step. Bringing the second-generation Blade Battery and Flash Charging technology to Indonesia this time is a concrete realization of this concept. We hope to let more Indonesian consumers feel the changes brought by technological progress, allowing advanced technology to truly enter people's daily lives."

From continuous breakthroughs in core technologies, to the launch of high-end models, to the gradual layout of fast-charging infrastructure, BYD is accelerating the construction of a new energy vehicle ecosystem covering products, technology, and energy services.

Technology-Driven Development, R&D Investment Forges Moat

Behind the performance growth lies continuous technical investment. From the second-generation Blade Battery and Flash Charging technology, Xuanji A3, China's first 4nm intelligent driving chip, to the 12,165 flash charging stations built nationwide so far, to the launch of the AI super intelligent agent "DIDI SHA AI", BYD is taking technological innovation as the core driving force and accelerating the transformation from an automobile manufacturer to a new energy technology giant.

"Zao Dong Che" learned that BYD has achieved 100% full coverage of flash charging stations in first and second-tier cities. In core cities such as Shenzhen, Shanghai, Hangzhou, Xi'an, and Chongqing, there is a flash charging station on average every 3 kilometers within the urban area, making finding a flash charging station as convenient as finding a gas station. In third and fourth-tier cities, the flash charging station coverage rate also reaches 100%, with a flash charging station within an average of 4 kilometers in the urban area.

From urban districts, towns and counties, highway networks, to scenic route edges and extreme landforms, BYD flash charging stations are everywhere. North to Hailar, Inner Mongolia, south to Sanya, Hainan, east to Shuangyashan, Heilongjiang, west to Kashgar, Xinjiang, even at the world's highest peak, the hottest Turpan, and the most borderland city of Khorgos, there are figures of BYD flash charging stations.

BYD adheres to the concept of openness and sharing, cooperating with partners to jointly build an efficient and convenient fast-charging ecosystem, having reached deep cooperation with Sinopec, PetroChina, China Resources, Shell, TELD, etc. Previously, the first flash charging flagship station jointly built by BYD and Sinopec Youjie in East China has landed in Shanghai Hongqiao.

Third Quarter Financials Shining, R&D Expenses Far Exceed Current Profit

According to the 2026 Third-Quarter Report released by BYD Group on October 29, revenue was 566.3 billion, net profit attributable to parents was 22.3 billion; R&D expenses were 36.3 billion, far exceeding net profit at the same time, cumulative R&D investment exceeds 280 billion! Among them, third-quarter revenue was 221.5 billion, up 14% year-on-year; net profit was 10 billion, up 28% year-on-year, with core operating indicators growing counter-trend. With the successive launch of multiple new models in the fourth quarter, the acceleration of the flash charging network layout, and the continuous promotion of overseas localization production, BYD is expected to continue the growth momentum and draw a perfect ending to the annual performance.

As the world's largest new energy vehicle enterprise, BYD's new energy vehicle operation footprint has spread to over 100 countries and regions, continuously providing green technology and products for global consumers. In the process of global operation, BYD adheres to the concept of sustainable development. With the vision of "Cool the Earth by 1°C", BYD became the first in the world to stop producing fuel vehicles in 2022, and proposed striving to achieve carbon neutrality across the entire value chain by 2045; in 2025, BYD officially released the "DREAMS" sustainable development strategy around green low-carbon, innovation and change, equal opportunities, collaborative cooperation, integrity and uprightness, and value sharing. In the green travel segment, in 2025, BYD's cumulative sales of new energy vehicles reached 4.6 million, achieving carbon reduction of 46.6 million tons, equivalent to planting 776 million trees; in terms of social value, BYD established a 3 billion yuan education charity fund for university scholarships and new energy vehicle technology popularization.

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