
ChinaâsâŊBYD aims to sell up toâŊ1.6âŊmillion vehicles abroad in 2026, Citi says
âĒBy ADMIN
Related Stocks:BYDDY
Chinese electricâvehicle manufacturer BYD Co Ltd plans to ramp up its international sales to between 1.5âŊmillion and 1.6âŊmillion units in 2026âmarking a major increase compared with its expected 900,000 to 1âŊmillion overseas vehicles in 2025, according to a report by Citi. The companyâs overseas mix is heading into Europe, North America and ASEAN markets, each accounting for roughly a third of total nonâChina unit volumes in 2025. Meanwhile, BYD anticipates a drop in capital expenditure in the fourth quarter of this year and a more significant reduction in 2026, as vehicle and battery production capacity is expected to catch up with global demand.
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