Overview
- BYD targets roughly 1.3 million deliveries outside mainland China in 2026, a 24.3% increase from 2025, according to executive Li Yunfei.
- New launches will include Denza-branded vehicles in select markets as the company broadens its international lineup.
- The overseas dealer network, now about 2,000 strong, will be expanded to deepen market reach and brand awareness.
- Local manufacturing is scaling, with Brazil already producing, Hungary slated to begin in the second quarter, and plants in Thailand and Uzbekistan plus Brazil expected to provide about 300,000 units of annual capacity.
- Overseas sales rose to about 23% of BYD’s 4.6 million 2025 deliveries as domestic NEV sales fell 6.3%, and strong exports helped the company surpass Tesla as the top EV maker last year.