Tech

Tesla China sales rise in Jan–Feb 2026; BYD slips

Tesla's China-made EVs rose more than 35% YoY in Jan–Feb 2026 to 127,728 units, adjusted for the Lunar New Year slowdown. BYD deliveries fell 36% in the same window, signaling shifting demand and a growing export bias for Shanghai-produced Teslas. CPCA data frame a market where Tesla gains share in China while BYD expands its overseas footprint.

📅 March 13, 2026
⏱️ 2 min read
Tesla China sales rise in Jan–Feb 2026; BYD slips

Key Takeaways

  • Tesla China-made EVs Jan–Feb 2026 up >35% YoY to 127,728 after Lunar New Year adjustment
  • BYD deliveries Jan–Feb 2026 down 36% YoY
  • Tesla remained second to BYD in Jan–Feb China-made EV sales, with Shanghai output serving domestic and export markets
  • BYD's February exports exceeded domestic sales, signaling offshore momentum
  • Geely Xingyuan was February's best-selling model; Xiaomi YU7 topped Model Y in January

People Involved

  • No specific individuals mentioned

Entities Involved

  • Tesla, Inc. (TSLA) Electric vehicle manufacturer; Shanghai Gigafactory owner and exporter
  • BYD Co. Ltd. EV and battery maker; lead global EV seller in 2025
  • Geely Automobile Holdings Automaker; Geely Xingyuan best-selling model in February
  • Xiaomi Corp. Electronics and EV maker; Xiaomi YU7 topped Model Y in January
  • China Passenger Car Association (CPCA) Industry association providing China EV sales data
  • Tesla Shanghai Gigafactory Tesla's factory serving domestic and export markets

MarketMoodz Analysis

The Jan–Feb data suggest a shift in demand dynamics that could affect pricing power and margins. Tesla’s export-led growth from Shanghai appears to be gaining traction, while BYD counters domestic weakness by expanding its overseas footprint, potentially reshaping the competitive landscape and supplier mix.

Historically, BYD held the throne as the world’s largest EV seller in 2025, while Tesla has continued to push for international demand—especially from China’s production hubs. Investors should watch March CPCA data and Q1 shipments for a fuller read on trajectory, alongside European registrations and potential price moves that could influence valuations for Tesla, BYD, and key suppliers.

Source: Original Article

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