On September 29, South China Morning Post reported that Chinese EV manufacturer BYD stated its overseas sales are projected to account for around 20% of its global sales this year, driven by improved logistics and the launch of new models. Li Yunfei, General Manager of BYD Group’s Brand and Public Relations Department, revealed that BYD anticipates deliveries in markets outside mainland China to reach 800,000 to 1 million units by 2025, while its global total sales during the same period are expected to hit 4.6 million units.

Li Yunfei noted, “We expect BYD’s overseas sales proportion to surpass 20% this year. In the coming years, overseas deliveries will contribute even more significantly to BYD’s growth.”

It is worth mentioning that in 2024, BYD’s sales outside mainland China accounted for less than 10% of its total deliveries (4.26 million units). According to BYD’s mid-2025 financial report released on August 29, the company’s overseas deliveries in the second quarter of this year surged 145% year-on-year and 25.3% quarter-on-quarter, reaching 258,182 units, with overseas sales making up 22.5% of BYD’s total sales.

Li Yunfei noted that BYD’s self-owned fleet of car carriers has provided crucial support for its export surge. Currently, BYD operates eight large transport vessels, with the largest capable of carrying 9,200 vehicles. These ships ply long-distance routes connecting China with key overseas markets such as Europe and Southeast Asia.

Li Yunfei also stated that BYD plans to introduce all models developed in China to international markets, further expanding its overseas vehicle lineup. He added that BYD’s assembly plant in Hungary—with an annual capacity of 150,000 units—will begin production early next year. The company also operates factories in Thailand and Brazil.

These remarks underscore BYD’s strategic focus on international markets to boost profitability, as around 50 Chinese EV makers fiercely compete for domestic market share. Earlier this month, BYD Executive Vice President Stella Li revealed at IAA MOBILITY 2025 in Germany that the company aims to double its European showrooms to 2,000 by 2026 and establish a complete local supply chain for its European production operations.

Analysts point out that with the support of the Chinese government and driven by consumers’ willingness to embrace innovative technologies, Chinese automakers like BYD have already taken the forefront in electric vehicle technology and production. Chinese-made EVs, featuring highly attractive prices coupled with high-performance batteries, advanced in-car entertainment systems, and sophisticated driver-assistance technologies, are gaining increasing global attention.