Overview
- BYD has set a goal to sell half of its vehicles outside China by 2030, focusing on Europe and Latin America for growth.
- The company aims to sell 5.5 million vehicles globally in 2025, including 800,000 units in overseas markets.
- Overseas sales accounted for 28.5% of BYD's total sales year-to-date, with April exports exceeding 78,000 vehicles, doubling year-over-year.
- BYD is expanding its production footprint with planned factories in Hungary and Turkey, alongside existing facilities in Thailand and Brazil.
- Despite rapid global growth, BYD remains locked out of the U.S. market due to high tariffs and regulatory restrictions.