Li Yunfei, general manager of BYD Group's brand and public relations department, said in an interview on November 10 that BYD expects overseas sales of 1.8 million vehicles in 2026, nearly 40% above the 1.3 million target announced in January. At the end of March, chairman Wang Chuanfu raised that goal to 1.5 million.
BYD's production and sales report published in early November shows cumulative sales of 3,621,700 vehicles in the first ten months of 2026, of which 1,507,400 were sold overseas, accounting for 41.62%. Overseas sales reached 189,000, 181,000 and 169,600 units in August, September and October respectively, up 134%, 110% and 102% year on year.
Li said localised manufacturing and the global build-out of fast-charging networks are BYD's moat overseas. The company's Brazil plant is already in production and its Hungary plant is due to start before the end of 2026. Wang Chuanfu has said he hopes domestic and overseas sales will each account for half of the group's total in the future.