China's BYD sees first profit drop since 2021, even as the Tesla-rival takes global EV crown 1 / 2 [Yahoo! Finance Canada]
S&P Global Inc. (SPGI)
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Source: Yahoo! Finance Canada
BYD , the largest electric vehicle maker, has been expanding into global markets including Latin America and Europe, where auto analysts say profit margins are typically higher than in China. It's also banking on cutting-edge technology upgrades to grow appeal, announcing a new powerful fast-charging battery days ahead of its earnings report. With competition inside China at punishingly high levels, analysts foresee a tough road ahead this year. But in a boost for EV makers, higher oil and gasoline prices due to the Iran war are starting to recharge interest in renewable energy Domestic sales have been declining recently for Shenzhen-based BYD, which overtook Tesla in 2025 as the world's biggest EV maker, selling 2.26 million electric vehicles last year, up 28% from a year earlier. Tesla said it delivered 1.64 million vehicles, down 9% The Chinese company's revenue grew 3.5% to 804 billion yuan ($116 billion) in 2025, another record, eclipsing rival Tesla's full year revenue of
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News
- Uncertainty over war-induced oil crisis dominates key energy summit [Yahoo! Finance]Yahoo! Finance
- China's BYD sees first profit drop since 2021, even as the Tesla-rival takes global EV crown CFOTO | Future Publishing | Getty Images BYD 's sales are losing momentum Export boost, strategy shift WATCH LIVESTREAM Prefer to Listen? NOW Power Lunch UP NEXAcquire Media Monitor
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- The Tech Download: How Russia could profit from Iran war helium supply chain disruption in the chip sector [MSNBC.com]MSNBC.com
SPGI
Earnings
- 2/10/26 - Miss
SPGI
Sec Filings
- 3/27/26 - Form SCHEDULE
- 3/3/26 - Form 4
- 3/3/26 - Form 4
- SPGI's page on the SEC website