BYD Aims to Double Overseas EV Sales in 2025

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Recorded11 Nov 2025

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BYD, a leading Chinese electric vehicle manufacturer, is set to expand its international sales significantly, aiming for up to 1.6 million vehicles outside of China in 2025. This ambitious goal is a substantial increase from their expected 900,000 to 1 million overseas sales in 2025. New models are expected to drive this growth, with Europe, North America, and ASEAN countries each accounting for about one-third of the companys total overseas sales. Despite this aggressive international push, BYD management anticipates a decrease in capital spending during the fourth quarter and a more significant decline in 2026, as their current vehicle and battery production capacity should be sufficient to meet demand. This expansion comes as BYD faces tougher competition in its home market from rivals like Geely and Leapmotor.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.

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