BYD sales fell for the first time in 19 months in September following lukewarm demand in China and government pressure to rein in cut-throat price competition.
The Chinese electric vehicle champion sold just over 396,000 cars last month, down 5.5 per cent from a year earlier, according to a Hong Kong stock exchange filing on Wednesday.
The decline ended a growth streak that began in February 2024 for the Shenzhen-based company, which analysts said would increase pressures for the Tesla rival to expand sales outside China.
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