BYD profit rebounds as overseas sales offset China slowdown

AutomobilesLoss of domestic market share contrasts with strong momentum abroadBYD's Hungary plant ramp-up and new models underpin its second-half outlook. © ReutersGLORIA LIAugust 28, 2026 20:22 JSTHONG KONG -- Chinese electric vehicle champion BYD saw its profits rebound in the second quarter, as strong overseas sales made up for lost share in the ultracompetitive domestic market.Read NextAutomobilesBYD's first-half sales fall 16% on China's EV subsidy changesOpinionJapan automakers bought time with hybrids, now must spend it on softwareElectric vehiclesBYD to employ tech used for Japan-only mini-EV on new European modelTechnologySmartphone king Xiaomi's profits drop 43% on memory crunch, weak demandAutomobilesVolkswagen's China comeback faces fresh doubts as sales slideBusiness dealsGeel