Chinese electric vehicle manufacturer BYD reported a year-over-year gain in total vehicle sales for June, with deliveries rising 5.5% to 403,472 units, according to a stock filing released today. The company said the calculations were based on company filings.
The June outcome marks the automaker's second consecutive month of rising sales after May's 0.3% increase, which had ended an eight-month run of declining monthly figures. The filing noted that strong export performance played a role in offsetting weaker demand in the domestic Chinese market.
While BYD's June performance shows a rebound compared with earlier months, the filing highlights a mixed demand picture - with international shipments lifting overall volumes even as local sales faced softness. The filing did not provide further breakdowns within the release beyond the aggregate total and the attribution to export strength and softer domestic demand.
In the same month, competitor Leapmotor reported a markedly stronger year-over-year increase, stating sales of 93,376 electrified vehicles in June, an increase of 95% from the prior year. The Leapmotor figure was included in the filing alongside BYD's reported totals.
The stock filing specifying BYD's June deliveries provided the headline numbers but did not elaborate on regional splits, model-level performance, or other operational details within this announcement. The release reiterated that the sales calculations were produced from company filings.
What this means
- BYD achieved a return to month-on-month growth in June, with exports cited as a key supporting factor.
- The company's recovery follows a stretch of eight months of declining sales that concluded with a modest rebound in May.
- Competition in the electrified vehicle space is notable, with Leapmotor reporting significant year-over-year volume gains for June.
Limitations of the filing
The stock filing contains aggregate sales totals and direction on demand trends but does not include detailed segmental disclosures, regional breakdowns, or model-specific figures within the published note. Where the filing refers to calculations, it states they were based on company filings.