BYD sells the most vehicles in June but no sales bump despite price cuts

BYD's sales climbed to a fresh monthly high for 2025 after a round of price cuts, though the move sparked scrutiny from the government authorities and drew criticism from industry groups.

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BEIJING -

The Chinese car-making juggernaut sold 377,628 passenger vehicles in June, including 206,884 battery electric cars.

That was up 11 per cent from a year earlier, according to a statement on July 2. But sales barely grew month on month, placing greater pressure on BYD's second-half strategy to hit its annual target for 5.5 million deliveries.

The incremental rise in sales takes BYD's performance through June to 2.1 million units, but that means it needs to sell 559,000 units for each of the remaining six months on average.

At the same time, rival Geely Automobile Holdings sold more than 193,000 cars in June, a 59 per cent year-on-year increase.

The showing prompted Geely to raise its delivery target for 2025 by 11 per cent to three million.

The sales figures signal that BYD's discounting of as much as 34 per cent across some models in late May did not give it the sales bump it had hoped for.