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China’s BYD Targets Sale of 1.6m EVs Abroad in 2026: CitiBank

China’s BYD Targets Sale of 1.6m EVs Abroad in 2026: CitiBank

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BYD has been building factories for local assembly in countries such as Hungary and Brazil and it plans a third plant for Europe, with Spain the top candidate.
China’s BYD aims to sell up to 1.6 million vehicles abroad in 2026, Citi says

China’s BYD aims to sell up to 1.6 million vehicles abroad...

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BEIJING (Reuters) -Chinese electric vehicle maker BYD aims to sell up to 1.6 million vehicles abroad next year, ​doubling down on overseas expansions with high double-digit growth from 2025, ‌Citi said in a report on Tuesday. Overseas sales guidance of 1.5-1.6 million vehicles is ‌up from an expected 900,000 to 1 million vehicles sold outside China in 2025, "with growth driven by new model launches," the Citi note said, citing a meeting with BYD management on Tuesday.
BYD Has An Aggressive Plan To Expand Into Foreign Markets

BYD Has An Aggressive Plan To Expand Into Foreign Markets

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BYD is taking the long view, as it seeks to expand sales and production to many countries in Europe, South America, and the Middle East.
Leapmotor B05 hatchback with 605 km range and LiDAR starts pre-sales from 14,850 USD in China

Leapmotor B05 hatchback with 605 km range and LiDAR starts pre-sales...

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Leapmotor B05 hatchback offers up to 605 km CLTC range and roof-mounted LiDAR at under 15,000 USD

The post Leapmotor B05 hatchback with 605 km range and LiDAR starts pre-sales from 14,850 USD in China appeared first on CarNewsChina.com.

Xpeng achieves 2025 sales target two months early, only three NEV brands on track

Xpeng achieves 2025 sales target two months early, only three NEV...

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Only three new energy vehicle brands on track for 2025 sales targets.

The post Xpeng achieves 2025 sales target two months early, only three NEV brands on track appeared first on CarNewsChina.com.

BYD in Trouble? EV Giant's Stock Tanks as Rivals Surge Ahead

BYD in Trouble? EV Giant’s Stock Tanks as Rivals Surge Ahead

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BYD Co. (BYDDF) could be entering a tougher stretch as investor confidence wanes. The automaker's shares slipped 1.9% to HK$98.70 in early Hong Kong trading Monday, hovering near a nine-month low after reporting a 12% year-on-year drop in October sales to 441,706 vehicles. The stock has now fallen…
Leapmotor D19 EREV crossover with 80 kWh battery started taking preorders in China

Leapmotor D19 EREV crossover with 80 kWh battery started taking preorders...

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The Stellantis-backed Leapmotor D19 full-size crossover started taking blind preorders in China. Its EREV version has an 80.3 kWh battery.

The post Leapmotor D19 EREV crossover with 80 kWh battery started taking preorders in China appeared first on CarNewsChina.com.

BYD sells 441,706 cars in Oct, highest this year despite drop year-on-year

BYD sells 441,706 cars in Oct, highest this year despite drop...

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This marks the second consecutive month of year-on-year decline in BYD's monthly sales.
BYD reports biggest quarterly profit fall in over four years

BYD reports biggest quarterly profit fall in over four years

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The consecutive quarterly profit fall comes amid intensifying competition at home market