BYD Signals It’s Confident Exports Will Beat 2026 Target By 15%
Bloomberg.com • • business
Key Points:
- BYD Co., the world's largest electric vehicle maker, indicated to analysts that its exports this year are expected to surpass its previous target by 15%.
- The company is relying on growth in overseas markets to offset a decline in domestic sales.
- In a recent analyst briefing, BYD management expressed confidence that exports will reach 1.5 million vehicles in 2026, up from the earlier target of 1.3 million.
- This updated forecast was shared following worse-than-expected fourth-quarter earnings.
