Overview
- BYD targets roughly 1.3 million sales outside mainland China in 2026, a 24% increase from last year’s overseas tally, according to a company briefing.
- The company will expand its dealer network and roll out additional models in key markets, including vehicles from its Denza premium brand.
- BYD plans to begin vehicle production in Hungary in the second quarter and is leveraging plants in Thailand, Uzbekistan and Brazil that together add about 300,000 units of capacity.
- Overseas sales surged in 2025 to about 1.05 million vehicles, roughly 23% of BYD’s 4.6 million global deliveries, helping cement its position as the world’s top EV maker.
- Rival Xpeng is also stepping up abroad, with more than 90,000 overseas deliveries targeted for 2026 according to people familiar, focusing on Europe, the Middle East and Southeast Asia.