BYD Hits 4.6 Million Sales in 2025, Tops Global EV Market with R&D Investment Exceeding $8.8 Billion

BYD recently released its 2025 financial report, revealing annual vehicle sales of 4.6024 million units, revenue of RMB 804 billion, and net profit of RMB 32.6 billion, solidifying its position as the world’s top-selling new energy vehicle (NEV) manufacturer. The company invested a record RMB 63.4 billion in R&D—far exceeding its net profit—and has ranked first among A-share listed companies in R&D expenditure for multiple consecutive years. Leveraging its fully integrated in-house R&D and manufacturing capabilities, BYD effectively controls costs while ensuring product quality. Its advanced "God's Eye" intelligent driving system has been fully deployed across models, accompanied by the launch of the "Intelligent Driving for All" strategy and a smart parking guarantee policy to enhance user confidence. Overseas exports surpassed 1.05 million vehicles for the first time, surging 145% year-over-year and reaching 119 countries, establishing a diversified global footprint across Europe, Latin America, and Asia-Pacific regions. Sales of its premium brands—Fangchengbao, Denza, and Yangwang—collectively reached nearly 397,000 units, a 109% year-over-year increase, with their share of total sales nearly doubling.