Chinese automaker BYD Co. Ltd. (OTC:BYDDY) (OTC:BYDDF) has broken its months-long sales decline streak as the Tesla Inc. (NASDAQ:TSLA) rival bolsters its global positioning.
BYD Charts May Growth
The Chinese automaker reported a 0.3% growth in May sales globally to 383,453 units, according to filings accessed by Reuters on Monday. Production figures also grew 8.8% YoY after a decline that had continued since July 2025, the report said.
Overseas markets continued to showcase growth for the automaker as BYD sold 160,644 units in May, demonstrating an 80.4% YoY growth. However, domestic sales continue to be a challenge as the Chinese Communist Party (CCP) has undertaken efforts to curtail the domestic price war.
Meanwhile, China was reportedly investigating automakers like BYD amid claims by EV owners of experiencing battery degradation and longer charging times after over-the-air (OTA) updates.
Tesla European Sales
Tesla continued its European growth, where it reported a 655% increase in French sales during May to 5,446 vehicles. Registrations also surged in countries like Sweden, where sales grew 71% to 858 vehicles, as well as a 136% growth to 1,750 units in Denmark. Sales grew 113% to 1,690 units in Spain and 29% to 3,345 units in Norway.
The EV maker also reported growth in European sales during April, selling over 9,169 units last month. The figure represented a 67.2% surge over April 2025’s 5,483 units.
The EV giant’s sales recently recorded an uptick, with investor Ross Gerber saying that the Iran war could have prompted customers to shift to EVs amid soaring gas prices. Musk also recently hit back at critics of the company, touting the Model Y’s sales.
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