Etiqueta: BYD

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.

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.

BYD has recently started a price battle in Japan to attract customers with a discount offer.

In 2024, BYD’s sales outside the mainland accounted for less than 10 per cent of its total of 4.26 million deliveries.

The BYD Dolphin Surf proved itself on a long-distance adventure when one Barcelona man put it to the test on a 1,000-mile European road trip to Germany

It's never ideal to hear that the world's most famous investor sold his stake of a company, but should investors follow?

It's never ideal to hear that the world's most famous investor sold his stake of a company, but should investors follow?