BYD has set a target to sell 1.3 million vehicles outside China in 2026, according to statements made at a Shanghai media event on January 24, as reported by IT-home. The target implies a year-on-year increase of about 25 percent compared with the company’s reported overseas deliveries in 2025. The announcement provides a concrete volume benchmark for BYD’s next phase of international expansion following rapid growth over the past year.
Li Yunfei, general manager of BYD’s branding and public relations department, stated at the event that the company plans to reach 1.3 million units in overseas sales in 2026. The comments were made during a Saturday media briefing in Shanghai and were reported by Chinese technology outlet IT Home. The target refers specifically to deliveries outside mainland China.
BYD reported total new energy vehicle sales of about 4.6 million units in 2025. Of this total, around 2.26 million units were battery electric vehicles. The remaining volume consisted of plug-in hybrid models sold primarily in the domestic market, reflecting BYD’s dual powertrain strategy during the year.
Overseas deliveries in 2025 exceeded 1.04 million units, including passenger vehicles and pickup trucks. IT Home reported that this figure was higher than BYD’s total overseas sales for the entire year of 2024, indicating that international markets accounted for a larger share of the company’s overall volume in 2025. The reported overseas deliveries form the baseline for the 2026 growth target.
BYD’s overseas sales growth in 2025 was supported by expanded activity in multiple regions. The company recorded increased presence in Europe while also accelerating market entry and sales in Latin America and Southeast Asia. According to the report, BYD’s vehicles had reached more than 110 countries and regions by the end of 2025, based on cumulative export coverage.
In parallel with export growth, BYD has continued to invest in localized production outside China. Passenger vehicle plants in Thailand, Uzbekistan, and Brazil have already been completed and entered operation. BYD’s first European passenger vehicle factory, located in Hungary, is also approaching the start of production, according to the same source.
Separately, Citigroup stated in November last year that BYD had set an overseas sales target of 1.5-1.6 million units for 2026, indicating that higher export volumes have been under consideration by the company and external analysts.
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