BYD Eyes 2.5 Million Exports in 2027

Chinese automaker BYD expects overseas shipments to surpass 2.5 million vehicles by 2027. Brokerages report the ambitious goal is driven by new plants and expanding fleets.

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FILE PHOTO: A man films the newly presented Z Convertible EV of BYD's luxury brand Denza at the company’s booth at the Beijing International Automotive Exhibition (Auto China), in Beijing, China, April 24, 2026. REUTERS/Maxim Shemetov

BYD CO LTD-H targeted overseas shipments to exceed 2.5 million vehicles by 2027, according to two major brokerages on Tuesday morning. The aggressive export goal builds on management guidance for 1.9 million to 2.0 million overseas deliveries in 2026. International expansion allows the automaker to diversify revenue as it chases a 25% share of the domestic market in China.

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