Etiqueta: exports

BYD just took its first hit in 19 months. The automaker’s September sales dropped 5.5% year-on-year, with just over 396,000 cars sold, according to its Hong Kong stock filing on Wednesday. This is the first year-on-year decline since the streak began, and it’s happening while China’s domestic demand weakens and government pressure ramps up against […]

The automotive industry is a critical pillar of China’ s national economy. With an exceptionally long industrial chain - extending upstream to resource development, spanning midstream through...

BYD (BYDDY) stock fell 5% in September as Japan EV sales disappoint and Berkshire Hathaway exits its 15-year stake, raising investor concerns.

BYD projects to export between 800,000 and 1 million units in 2025, which is about 20% of its total sales.

STORY: China’s BYD forecast exports will make up about 20% of its global sales this year...Helped by the EV maker’s launch of new models. That’s according to the South China Morning Post Monday (September 29).Citing an executive, it said BYD’s projected total sales for the year are 4.6 million units…And it forecasts up to 1 million of those deliveries outside mainland China. That confirmed a Reuters report earlier this month that BYD has slashed its sales target for 2025 by up to 16% to 4.6 million vehicles.That’s as the Chinese EV company faces its slowest annual growth in five years.It could spell the end of an era of record-setting expansion.BYD said exports will make a greater contribution in the years to come, according to the SCMP.And BYD's own fleet of car-carrier ships supported the export surge.It added that in 2024, BYD's sales outside the mainland accounted for less than 10% of its total of 4.26 million deliveries.

Chinese EV giant BYD projects 800,000, 1 million overseas deliveries in 2025, fueled by expanded logistics, European factories, and showroom growth.

Strong vertical integration, particularly in terms of its shipping network, are helping to propel BYD’s global ambitions. By Stewart Burnett

BYD has officially launched its 8th car transporting vessel. This brings the Chinese EV maker’s total exporting capacity to over one million annually.

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

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