Why Chinese Car Profits Moved Overseas: The 3.4% vs 28.4% Gap

Domestic auto profit margin hit 3.4% in early 2026 while BYD's overseas gross margin sits near 28.4%. The gap explains where the money — and the work — is going.

Domestic auto profit margin hit 3.4% in early 2026 while BYD's overseas gross margin sits near 28.4%. The gap explains where the money — and the work — is going.