BYD reports record H1 2025 revenue and NEV sales

BYD Company Limited achieved revenue of RMB371,281m in the first half of 2025, a 23.30% year-on-year increase, primarily from its new energy vehicle (NEV) business. Net profit attributable to shareholders rose 13.79% to RMB15,511m. Basic earnings per share were RMB1.71. NEV sales reached another record high, securing BYD as the sales champion in both the Chinese and global NEV markets, with over 33.0% year-on-year growth.

The company's R&D investment surged 53.05% to RMB30,880m, underscoring its commitment to technological innovation, particularly in electrification and intelligent driving. BYD also expanded its global footprint, with products in over 110 countries and regions, and overseas sales increasing by 1.3 times year-on-year. The "Super e-Platform" and "Blade Batteries" continue to lead technological advancements, with the "flash-charging battery" achieving 1-megawatt charging power.

In other segments, handset components, assembly services, and other products contributed RMB68,744m to revenue, despite a 5.54% year-on-year decrease. The company's AI data center business demonstrated significant growth, with AI servers experiencing robust shipments. BYD was included in the Hang Seng TECH Index, reflecting strong market recognition of its technological capabilities.