BYD Q1 China Deliveries Fall 25.5% Year-over-Year; Fourth in South Korea at 2,023

BYD posted Q1 China deliveries of 310,389 units (-25.5% year-over-year), ceding leadership to Tesla (+6.5% YoY). In South Korea, BYD ranks fourth at 2,023 April units; subsidy and tax-incentive phase-outs pressured both markets.