BYD expects 20% of its global sales from exports in 2025.

BYD's Export Projections

Chinese electric vehicle manufacturer BYD expects approximately 20% of its global sales to come from exports by 2025. This information was stated in a recent report published by the South China Morning Post.

Targets and Expectations

BYD anticipates its deliveries outside mainland China to be between 800,000 and 1 million units for 2025. These figures hold a significant place when compared to the total expected sales of 4.6 million.

Slowdown in Growth Rate

The Chinese automaker has revised its 2025 sales targets down to 4.6 million vehicles, a 16% reduction. This situation reflects the challenges accompanying the lowest annual growth rate in the last five years. It is stated that there are signs the company's period of record growth has come to an end.

2024 Export Data

In 2024, less than 10% of BYD's total 4.26 million deliveries comprised exports. This data highlights the importance of the company's export-driven growth targets.