--- title: "BYD says demand is double its capacity, but its sales data tells a different story" url: https://daily.dev/posts/byd-says-demand-is-double-its-capacity-but-its-sales-data-tells-a-different-story-y6dgjb66v source_url: https://thenextweb.com/news/byd-80-percent-ev-penetration-china-pentagon-list type: article source: "The Next Web" published: 2026-06-09T09:17:10.900Z updated: 2026-06-09T09:17:32.021Z reading_time: 5 upvotes: 0 comments: 0 language: en --- > ## Documentation Index > Fetch the complete documentation index at: https://daily.dev/llms.txt > Use this file to discover all available pages before exploring further. # BYD says demand is double its capacity, but its sales data tells a different story **[The Next Web](https://daily.dev/sources/tnw)** · 5 min read · 0 upvotes · 0 comments ## Summary BYD executive vice president Stella Li predicts China's EV market will reach 80% penetration, citing record NEV sales of 62.9% in May and a 39% plunge in petrol car sales. However, BYD's own domestic sales were flat year-on-year in May, and Q1 net profit fell 55% amid a fierce price war. Li claims demand is double BYD's supply capacity, a claim analysts view skeptically. The company is also navigating the Pentagon's 1260H military-affiliated designation, labour allegations at its Hungary factory, 100% US tariffs, and falling margins — even as exports surged 80% year-on-year to a record 160,644 units in May. ## Full article daily.dev links to this article rather than hosting it. Read it at the original source: ## Similar posts on daily.dev - [Chinese EV reviews flood US TikTok and YouTube as 100% tariffs fail to stop demand for BYD, Xiaomi, Zeekr](https://daily.dev/posts/chinese-ev-reviews-flood-us-tiktok-and-youtube-as-100-tariffs-fail-to-stop-demand-for-byd-xiaomi--kkho2ving) · The Next Web · 0 upvotes · 0 comments - [China’s EV brands cross 15% in Europe, with Britain leading the charge](https://daily.dev/posts/china-s-ev-brands-cross-15-in-europe-with-britain-leading-the-charge-qnd0x8dpt) · The Next Web · 0 upvotes · 0 comments - [Europe EV sales surge 51% as Iran war drives oil past $100](https://daily.dev/posts/europe-ev-sales-surge-51-as-iran-war-drives-oil-past-100-yiciyvrr6) · The Next Web · 0 upvotes · 0 comments --- [View this post on daily.dev](https://daily.dev/posts/byd-says-demand-is-double-its-capacity-but-its-sales-data-tells-a-different-story-y6dgjb66v)