BYD targets 1.5M overseas NEVs in 2026 after 65% jump
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- BYD sold 300,222 NEVs in March 2026, up 57% from February but 20% lower than March 2025.
- BYD exported 120,083 NEVs in March, a 65% increase from March 2025, with 119,591 passenger cars and pickup trucks.
- BYD aims to sell 1.5 million NEVs overseas in 2026, a 15% rise from its earlier 1.3 million forecast, and says it is “highly confident” of hitting the target.
- BYD’s overseas sales accounted for 40% of total sales in March 2026 and could reach half of total sales within the next month.
- Anutin Charnvirakul was seen driving a BYD Sealion 07 EV in Thailand as fuel prices climbed.
- Surapong Paisitpatnapong warned that higher oil prices could trigger a “significant increase in EV demand” despite lower subsidies.
- BYD introduced Blade Battery 2.0 and Flash Charging technology, which it expects to boost overseas growth in the coming months.
Why it matters: The 65% export jump and BYD’s 1.5 million overseas target could shift a larger share of its sales outside China, giving foreign markets a bigger slice of the EV boom while domestic rivals confront intensified competition.
