BYD sold more cars in May more than any other month of this year, as the sales of a vehicle raised 382,476 after lowering prices by up to 34 % in the last days of the month, according to the company’s statement on Sunday.
From the total, 376,930 was passenger compounds. 204,369 was completely electrical, while 172,561 was the component hybrid-only the second time since early 2024, the electrical sales defeated the hybrid. The company’s goal is sitting for the entire year 5.5 million, and by the end of May, it had already reached 1.76 million units sold.
The numbers did not occur in a vacuum. These tremendous discounts late May not only send customers who rush to agents, but also sent BYD shares, along with other EV shares, directly. Car manufacturers who did not like prices suddenly.
Which sparked a violent reaction. The Chinese Automobile Manufacturers Association dropped a warning on Saturday, saying, “Unbeatable price wars intensify evil competition, which increased the margins of corporate profit.” The group did not call anyone directly, but no one needs a hint. It was a clear response to byd.
The industry interacts to deduct chaos
Traffic in BYD showrooms exploded after the discounts. Citi Research analysts estimated that agents have jumped 30 % to 40 % per week. Customers were not waiting for prices to decrease. They appeared quickly, bought.
The company did not issue data about the meaning of price cuts for margins or long -term profits, but the reaction of players in the industry and market analysts was immediate. Everyone in EV space was either lowering prices or leaving behind them.
While the local BYD boom got all the attention, the company was also moving in Europe. In April, Chinese car makers, led by BYD, got 8.9 % of the EV market in the region – the highest share in nine months. This apostasy came after the European Union slapped the customs tariff on the Chinese EVS in November 2024.
The definitions slowed for a short time, but they did not last. Over the past two months, Chinese brands have returned back. The researchers in Dataforce confirmed the return, pointing to a strong growth in both electrical and hybrid sales from Chinese companies.
“The Chinese brands have successfully succeeded with the new market.” He pointed out that the jump in hybrid sales helped to pay the total performance in Europe.
Chinese hybrid like MG Pivots rises
The Chinese hybrid began to occupy a real space in the European market. Last month, these brands made up 7.6 % of all hybrid car sales, an increase of less than 1 % last year. BYD is correct in the center of this height.
It is not just their competitors like Tesla. It also pushes more strongly to the hybrid models to meet the new demand. While EVS still constitutes the essence of its growth, the company clearly sees the need to spread its bets. This strategy now shows the results.
One of the competitors that were on the quick reaction is MG, which was the best Chinese brand EV in Europe. The brand, owned by Saic Motor Corp, which has been severely exposed to the European Union’s duties now leads 45 % on EVS. Even in Norway and the United Kingdom – where this customs tariff does not apply – MG has witnessed a decrease in EV sales.
The brand is now on the hybrid, trying to meet buyers where the drivers cannot reach. Felipe Monoz, an analyst at Jato Dynamics, said that MG is now focusing on the ZS and MG3 Subcompact, both of them are non -electric models that work well.
“Focus now not only on electric cars but on other energy trains,” Monoz added.
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Source: https://www.cryptopolitan.com/byd-may-sales-hit-2025-hight/