Published 8 days ago • loading... • Updated 5 days ago

It’s the world’s hottest car company. You can’t buy one in America

BYD aims to double its overseas sales to over 800,000 cars in 2025, according to Chairman Wang Chuanfu during an earnings call.
Wang Chuanfu indicated that BYD would assemble cars locally to avoid tariffs without specifying the countries involved.
Wang mentioned that BYD is targeting sales of 5.5 million units this year, with expectations that most profits will eventually come from overseas markets.
Wang Chuanfu noted that BYD sold 417,204 units overseas in 2024 and expects significant growth in market share, particularly in Britain.

Insights by Ground AI

Does this summary seem wrong?

32 Articles

All

Left

Center

Right

juancole.com

Left

China's BYD has a $16K "Tesla-killer," as IEA finds EVs are an Oil Company-Killer

Ann Arbor (Informed Comment) – Incredible new developments in electric vehicles are taking place in China with global implications. China’s BYD sold $100 billion worth of its electric vehicles (EVs) in 2024, outstripping Tesla, the sales of which were $97 billion. Since CEO Elon Musk has ruined the Tesla brand by attacking Americans’ social security, it is likely that BYD will go on dominating this sector. (Truth in advertising: I have a small a…

5 days ago

Read Full Article

NDTV

Lean Right

BYD To Setup Rs 85,000 Crore Plant In Hyderabad: Report

BYD will reportedly set up a manufacturing facility on 500 acres of land with a capacity to manufacture 6,00,000 vehicles by 2032.

6 days ago·New Delhi, India

Read Full Article

CNN

+8 Reposted by 8 other sources

Lean Left

It’s the world’s hottest car company. You can’t buy one in America

In the world of electric vehicles (EV), a Chinese car maker has gotten the upper hand over Tesla in just a few years. And it seems to be just getting started.

6 days ago·Atlanta, United States

Read Full Article

New York Post

Lean Right

China’s BYD aims to double overseas sales to 800K cars in 2025 as Tesla competition heats up

Chinese electric vehicle maker BYD plans to double its overseas sales this year as it steps up competition with Elon Musk’s Tesla and other automakers, a top executive said Tuesday.

6 days ago·New York, United States

Read Full Article

Nikkei

Lean Right

BYD to double overseas sales to 800,000 in 2025, chairman says

SHANGHAI (Reuters) -- Chinese electric vehicle giant BYD aims to double its sales outside China to more than 800,000 cars in 2025 and will look to ove

7 days ago·Japan

Read Full Article

CNBC

Reposted by

The Globe & Mail

Center

BYD aims to double overseas sales to 800,000 in 2025, chairman tells analysts

Chinese EV giant BYD aims to double sales outside China in 2025 and will try to assemble cars locally, its chairman said in an earnings call on Tuesday.

7 days ago·United States

Read Full Article

Think freely.Subscribe and get full access to Ground NewsSubscriptions start at $9.99/year