BYD Company Limited (01211) October sales exceeded 490,000 units, reclaiming the top spot among Chinese automakers.

On November 1, multiple automakers successively announced their October sales results. Amid fierce market competition, BYD Company Limited delivered a dazzling scorecard of counter-trend growth. Data shows that BYD Company Limited's October new energy vehicle sales reached 490,168 units, up 11% year-on-year, setting a new monthly sales high for the year. Among the automakers and groups that have disclosed data, BYD Company Limited firmly holds the top spot in sales among Chinese automaker groups. Pure electric explosive growth, high-endization continues to accelerate By power type, October pure electric passenger vehicle sales reached 305,743 units, up 37.38% year-on-year, refreshing historical records for three consecutive months; plug-in hybrid passenger vehicle sales were 177,382 units. The strong performance of pure electric models marks continuously strengthening consumer confidence in pure electric technology, and also confirms that the company's long-term investment in battery technology and charging infrastructure is being converted into market returns. By brand, the Dynasty and Ocean series delivered 423,843 units, firmly maintaining the base; Fangchengbao delivered 43,872 units, up 41.3% year-on-year, also becoming the top-selling new force brand with an average price above RMB200,000; Denza delivered 15,152 units, up 49.5% year-on-year, with Denza's average transaction price at RMB330,000; Yangwang delivered 258 units. The three major high-end brands combined sold nearly 60,000 units, with cumulative sales in the first three quarters up 75.1% year-on-year, accounting for 13.3% of the group's total passenger vehicle sales, with high-endization results continuing to emerge. In the third quarter, sales of models priced above RMB200,000 reached 173,507 units, taking the top spot in sales among Chinese brands in the above-RMB200,000 price segment. Overseas markets continue high growth, globalization layout advances in depth In October, BYD Company Limited exported a total of 170,194 new energy vehicles. Among them, overseas sales of passenger vehicles and pickups reached 169,564 units, with cumulative sales in the first 10 months exceeding 1.5 million units, covering more than 120 countries and regions globally. With the 100,000th new energy vehicle rolling off the line at its Brazil plant, BYD Company Limited is accelerating the advancement of product exports and local manufacturing, with its globalization layout continuously reaching new levels. Technology-driven development, R&D investment forges a moat Behind the performance growth is continuous technological 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 already built nationwide, and the release of the AI super intelligent agent "Didi Xia AI", BYD Company Limited is taking technological innovation as its core DRIVE, accelerating its transformation from an automaker to a new energy technology giant. Third-quarter financial report shines, R&D expenses far exceed same-period profit. Previously, on October 29, the 2026 third-quarter report released by BYD Company Limited Group showed revenue of RMB566.3 billion and net profit attributable to shareholders of RMB22.3 billion; R&D expenses of RMB36.3 billion, far exceeding same-period net profit, with cumulative R&D investment exceeding RMB280 billion! Among them, third-quarter revenue was RMB221.5 billion, up 14% year-on-year; net profit was RMB10 billion, up 28% year-on-year, with core operating indicators growing against the trend. In the fourth quarter, with the successive launch of multiple new models, the accelerated rollout of the flash charging network, and the continuous advancement of overseas localized production, BYD Company Limited is expected to sustain its growth momentum and bring the full-year performance to a successful conclusion.