BYD's October Deliveries Climb 11% as EU Lawmakers Press Brussels on Vehicle Security
Published on 11/08/2026 at 16:31 | Editorial boerse-global.de
BYD sold roughly 490,000 new-energy vehicles in October 2026, an 11% increase over the same month a year earlier, according to a company statement released on 1 November. The automaker explicitly labels the sales figures as unaudited. Exports accounted for about 170,000 of those units.
The stock finished Friday's session at €8.54, up 1.7%.
Nine-Month Profit Slips Despite Strong Third Quarter
Third-quarter results pointed to accelerating momentum. Revenue rose 13.59% year on year to RMB 221.5 billion, while net profit attributable to shareholders jumped 28.08% to RMB 10 billion, according to media reports.
The broader picture is less flattering. Over the first nine months of 2026, net profit fell 4.24% to RMB 22.3 billion — a decline that sits alongside the third-quarter advance.
Should investors sell immediately? Or is it worth buying BYD?
Cumulative sales for January through October reached about 3.6 million vehicles, down 2.16% from the prior-year period. Reuters, citing the October figures, pointed to sluggish demand in BYD's home market and fierce price competition.
Piper Sandler Cuts Target, Keeps Neutral Rating
Piper Sandler lowered its price target on BYD from HK$95 to HK$74 on Tuesday, maintaining a "Neutral" rating on the stock, according to media reports.
Brussels Under Pressure Over Security Concerns
Fourteen members of the European Parliament have asked the European Commission to assess potential security risks posed by BYD vehicles, Reuters reported on Wednesday. The lawmakers want the Commission to evaluate whether the cars represent a security threat and to examine possible restrictions on the company — including a potential exclusion from public procurement tenders.
BYD told Reuters that European vehicle and cloud data cannot be accessed remotely from China.
Seal 07 Gen 2 Launched, Driver-Assist Claims Rejected
On Thursday, BYD brought the second generation of the Seal 07 to the Chinese market, offered with both battery-electric and plug-in hybrid powertrains. The fully electric version carries a claimed range of 775 kilometres under China's CLTC cycle and features BYD's Flash Charging; prices with trade-in start at RMB 135,900.
BYD at a turning point? This analysis reveals what investors need to know now.
A day earlier, the company pushed back against online claims that production of its God's Eye C driver-assistance system had been halted. BYD also denied an alleged shift in its smart-driving solutions and reaffirmed its commitment to full in-house development.
On Friday, BYD warned Chinese vehicle owners about fraudulent recall notices circulating via scammers, according to media reports. Official recalls are communicated through authorised dealers and require neither payment nor the disclosure of sensitive bank details.
Ad
BYD Stock: New Analysis - 8 November
Fresh BYD information released. What's the impact for investors? Our latest independent report examines recent figures and market trends.
