BYD has raised its export target to 1.5 million vehicles for 2026. The Chinese manufacturer, which surpassed Tesla with record sales in 2025, continues its growth in international markets.
BYD has set its sights higher in the international market. The company has raised its export target to 1.5 million vehicles for 2026. This goal is seen as part of the company's strategy to balance risks against potential weaknesses in its domestic market.
BYD management stated in an analyst meeting held on Monday that they are confident they will achieve 1.5 million vehicle exports in 2026. This new target is 15 percent higher than the 1.3 million vehicle export target announced by the company at the beginning of the year. Compared to last year, it represents a 24 percent growth.
BYD Recorded 150 Percent Growth Last Year
In 2025, the company exported a total of 1,046,083 new energy vehicles (PHEV + electric), recording a 150 percent annual growth. These vehicles include both passenger and commercial vehicles. Total sales for 2025 reached 4.6 million. Within this, passenger battery electric vehicle (BEV) sales surged to a record 2,256,714 units.
This strong performance allowed BYD to surpass Tesla for the first time in the BEV segment. Tesla's global sales for the same period were recorded at 1,636,129 vehicles.
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