BYD’s Global Ambition: Can Overseas Growth Offset Domestic Challenges?

Chinese electric vehicle manufacturer BYD is making an aggressive push into international markets as it confronts headwinds at home. The company aims to nearly double its overseas vehicle sales within a year, prompting a 2.3 percent stock price increase in Hong Kong trading. However, questions remain about whether this expansion can drive a sustained recovery for the automaker.

BYD’s international strategy comes as a necessary response to mounting difficulties within China. The company has reduced its overall 2025 sales target by 16 percent to 4.6 million vehicles amid an increasingly competitive landscape.

A brutal price war has severely compressed profit margins across the Chinese EV sector. BYD felt this impact directly in the Read more...