Automundo China

BYD's (BYDDF) reported that the passenger vehicle exports hit 79,603 units in August, a massive 154.5% increase year-on-year and securing the second spot among manufacturers, according to export data compiled by the authoritative automotive media Bitauto

China’s BYD expects to export 800,000 to 1,000,000 EVs in 2025, about a fifth of its 2025 sales as it moves more cars on its own vessels and adds capacity overseas. “We estimate that the proportion of our overseas sales would hit 20 percent this year,” said Li Yunfei, BYD’s ...

The company is also preparing to start production at its new Hungary plant early next year as part of its broader international expansion.

With Xpeng — the so-called "China's Tesla" — establishing a local subsidiary in Seoul following BYD and Zeekr, the wave of competitively priced, high-tech Chinese EVs is making domestic automakers increasingly nervous.

HONG KONG (Reuters) -Chinese electric vehicle maker BYD Co forecast exports will make up about 20% of its global sales this year helped by new model launches, the South China Morning Post reported on Monday. BYD forecasts 800,000 to 1 million deliveries outside mainland China in 2025, compared with projected total sales of 4.6 million units, the newspaper said, citing BYD's general manager of branding and public relations Li Yunfei. "International deliveries will make a greater contribution in the years to come," Li said, according to the SCMP, adding BYD's own fleet of car-carrier ships supported the export surge.

The analyst noted that the company’s slow growth highlights the loyalty of Japanese buyers to domestic brands and hybrids.

BYD is now turning to discounts — a practice that’s put it front and center of an industry crackdown in China — to try and boost sales.