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China's electric-vehicle behemoth BYD posted its first year-on-year decline in deliveries in 2025, even as it entered the peak season for autos, in yet another sign that the market leader is facing a slowdown.

BYD delivered 393,060 units in September, marking an almost a 6% decline year over year.

That comes after the firm reportedly slashed its sales target for this year by as much as 16% to 4.6 million deliveries, amid a fierce price competition in the domestic market.

Still, BYD continued to dominate the market share, taking up more than 54% of total EV sales in September.

Upstarts shine

On the other hand, EV upstarts across the board set new records in their monthly car delivery numbers, with some of them buoy

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