BYD’s Global Expansion Strategy Gains Momentum

Chinese electric vehicle manufacturer BYD is accelerating its international growth strategy with ambitious plans to export up to one million vehicles by 2025. This aggressive target comes as the automaker seeks to counterbalance slowing domestic sales while simultaneously launching new models across key global markets.

The company’s revised export forecast of 800,000 to 1,000,000 units represents a significant strategic pivot for the automotive giant. This projected volume would account for approximately 20 percent of BYD’s total sales target of 4.6 million vehicles—a substantial increase from 2024, when exports comprised less than ten percent of total deliveries.

Recent market activity demonstrates this expansion in practice. BYD has just introduced its Qin L electric sedan as the Seal 6 EV in Malaysia, where it carries... Read more...