> In the same period they're posting record sales

This says that sales are actually down. Where are you getting record sales from?

https://cleantechnica.com/2026/04/02/byd-sales-down-20-4-in-...

> Where are you getting record sales from?

I posted two links that both say that, of course both appear to mirror the same primary source.

You'd have to drill into both cleantechnica and the BYD presser for the exact details and caveats that come with all such reporting.

  Revenue and deliveries reach new highs

  BYD reported 8039.6 billion yuan (1,123 billion USD) in revenue for 2025, alongside 4.60 million vehicle deliveries, according to the NBD. Overseas deliveries reached approximately 1.05 million units, according to Sina reporting, marking the first time the company surpassed the 1-million-unit mark in exports.

  BYD slashes 100,000 jobs yet posts record sales. Inside the cost cuts, profit squeeze, and why it’s still leading the global EV race.