BYD targets 1.5 million overseas vehicle sales for 2026

BYD expects overseas markets to account for half its business. New factories in Europe and Indonesia will start mass production this spring to aid growth.

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BYD Company Limited has expressed high confidence in reaching its 2026 overseas sales target of 1.5 million vehicles. During a post-earnings call on Monday, the electric vehicle manufacturer from China indicated that international markets could eventually represent approximately half of its total business operations. This ambitious goal follows a period of rapid growth, with overseas sales as a share of the total more than doubling to 22.7% last year and reaching 50% in the January-February period of 2026.

The logo of Chinese automaker BYD is displayed on a Sealion 7 electric vehicle at the 2026 Indonesia International Motor Show in Jakarta. REUTERS/Willy Kurniawan/File Photo
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