BYD targets 20% exports in 2025 as EV push goes global
BYD to ramp exports to 20% of sales in 2025 amid global EV expansion
BYD targets 20% exports in 2025 as EV push goes global
BYD plans exports to reach about 20% of sales in 2025, shipping 800k-1M EVs as it accelerates international expansion in Europe, Latin America and SE Asia.
2025-09-29T12:45:40+03:00
2025-09-29T12:45:40+03:00
2025-09-29T12:45:40+03:00
BYD, China’s largest maker of electric cars, expects exports to make up around 20% of its sales in 2025. According to the South China Morning Post, the company projects 800,000 to 1 million vehicles shipped abroad out of a 4.6 million sales plan. For context, in 2024 overseas deliveries represented under 10% of total sales of 4.26 million vehicles.Ambitions notwithstanding, BYD earlier trimmed its overall sales target by 16% versus initial projections, a sign of cooling momentum after several years of record-breaking growth. Even so, the international push is moving to the center of the strategy.Branding and PR chief Li Yunfei indicated that exports are set to play a larger role, supported by the company’s own fleet of car carriers. That capability is helping BYD reinforce its presence in Europe, Latin America, and Southeast Asia, where interest in Chinese EVs is rising. It’s a sensible way to keep the expansion pace steady without leaning too heavily on the home market.With China’s domestic arena nearing saturation, the company is shifting the spotlight to exports, setting them up as a key driver of growth in the years ahead.
BYD, BYD exports, 2025 EV sales, electric cars, Chinese EVs, international expansion, Europe, Latin America, Southeast Asia, car carriers, sales target, global EV market, China
2025
Michael Powers
news
BYD to ramp exports to 20% of sales in 2025 amid global EV expansion
BYD plans exports to reach about 20% of sales in 2025, shipping 800k-1M EVs as it accelerates international expansion in Europe, Latin America and SE Asia.
Michael Powers, Editor
BYD, China’s largest maker of electric cars, expects exports to make up around 20% of its sales in 2025. According to the South China Morning Post, the company projects 800,000 to 1 million vehicles shipped abroad out of a 4.6 million sales plan. For context, in 2024 overseas deliveries represented under 10% of total sales of 4.26 million vehicles.
Ambitions notwithstanding, BYD earlier trimmed its overall sales target by 16% versus initial projections, a sign of cooling momentum after several years of record-breaking growth. Even so, the international push is moving to the center of the strategy.
Branding and PR chief Li Yunfei indicated that exports are set to play a larger role, supported by the company’s own fleet of car carriers. That capability is helping BYD reinforce its presence in Europe, Latin America, and Southeast Asia, where interest in Chinese EVs is rising. It’s a sensible way to keep the expansion pace steady without leaning too heavily on the home market.
With China’s domestic arena nearing saturation, the company is shifting the spotlight to exports, setting them up as a key driver of growth in the years ahead.
