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Chinese EV Stocks Mixed as BYD Beats Estimates, Nio Drops on Slow Demand
ByAinvest
Monday, Dec 1, 2025 9:11 pm ET1min read
BYD shares rose 4% in Hong Kong as exports boosted sales, beating Citigroup estimates. Nio and Xpeng declined due to sluggish demand. BYD's sales were 480,186 vehicles, beating expectations. The company is on track to meet its 2025 export target of 1 million vehicles. BYD's sales may rise 20% next year to 5.6 million units, driven by new product launches and a technology platform upgrade.
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