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BYD, Geely Benefit From Overseas Orders Amid Middle East Energy Shock

Exports helped BYD and Geely offset weaker domestic demand, with BYD shipments reaching a record 135,098 and Geely overseas sales jumping 244.7%.

Retail sales of EVs fall 11 per cent year on year in April to 614,000 units – but foreign markets are providing a boost.

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Chinese automaker BYD continues to solidify its position as a major global player in the electric vehicle market, with a sharp jump in exports. Last April, the company delivered 321,123 new energy vehicles, with overseas sales jumping by 71% compared to last year, reaching more than 134,000 units. The main factor behind the growth is the global energy crisis, which was exacerbated by the war in Iran that began in late February. The closure of th…

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ecotopical.com broke the news on Monday, May 4, 2026.
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