BYD and Xiaomi Shares Surge on Strong June 2026 EV Delivery Figures
Hong Kong-listed shares of BYD surged around 9% on July 2, 2026, while Xiaomi’s stock climbed about 5%, following the release of strong June 2026 delivery figures by both Chinese automakers.[1][2] The gains reflect growing investor confidence in China’s electric vehicle sector, driven by sustained production momentum and better-than-expected sales performance.
The delivery updates underscore the competitive dynamics in the world’s largest EV market, where established players like BYD and newer entrants such as Xiaomi are scaling up rapidly. The data highlights a broader trend of accelerating adoption and production capacity expansion, reinforcing positive sentiment across the industry.
BYD’s Record Monthly Sales and Quarterly Growth
BYD posted a vehicle sales volume of 403,472 units in June 2026, marking a 5.46% increase from 382,585 units in June 2025.[6][7] This monthly figure represents a new record for the company, underscoring its dominant position in the new energy vehicle market.
Deutsche Bank noted that BYD’s second-quarter 2026 sales volume rose 58% from the previous quarter to 1.1 million units.[8] The bank also forecast BYD’s quarterly net profit to increase 145% quarter-over-quarter to RMB 10 billion in the second quarter of 2026.[9]
Xiaomi’s SU7 Exceeds Delivery Targets
Xiaomi reported its third consecutive month of having over 30,000 deliveries in June 2026, demonstrating consistent production ramp-up for its SU7 electric sedan.[3] The company’s shipments from January to June 2026 totaled over 180,000 units, putting it on track toward its annual delivery target of 550,000 units.[4][5]
The sustained delivery pace highlights Xiaomi’s growing foothold in the competitive EV landscape, as it leverages its brand and manufacturing capabilities to scale operations.
Market Response and Sector Optimism
The share price movements on July 2, 2026, with BYD up around 9% and Xiaomi up about 5%, reflect immediate market approval of the delivery results.[1][2] The positive reaction contributed to broader optimism in China’s electric vehicle sector, as investors interpreted the figures as evidence of resilient demand and effective execution.
For more context on China’s EV and battery industry, visit our EV & Battery section.
| Metric | BYD | Xiaomi |
|---|---|---|
| June 2026 Sales/Deliveries | 403,472 units | Over 30,000 units (third consecutive month) |
| Year-over-Year Change | +5.46% from June 2025 | N/A |
| H1 2026 Total | N/A | Over 180,000 units |
| 2026 Annual Target | N/A | 550,000 units |
| Q2 2026 Sales Volume (QoQ) | 1.1 million units (+58%) | N/A |
| Q2 2026 Net Profit Forecast (QoQ) | RMB 10 billion (+145%) | N/A |
Sources
- CNBC: China EV stocks Xiaomi, BYD jump after reporting strong June deliveries
- CNBC: China EV stocks Xiaomi, BYD jump after reporting strong June deliveries
- CNBC: China EV stocks Xiaomi, BYD jump after reporting strong June deliveries
- CNBC: China EV stocks Xiaomi, BYD jump after reporting strong June deliveries
- CNBC: China EV stocks Xiaomi, BYD jump after reporting strong June deliveries
- CNBC: China EV stocks Xiaomi, BYD jump after reporting strong June deliveries
- CNBC: China EV stocks Xiaomi, BYD jump after reporting strong June deliveries
- CNBC: China EV stocks Xiaomi, BYD jump after reporting strong June deliveries
- CNBC: China EV stocks Xiaomi, BYD jump after reporting strong June deliveries
