SEHK:1211Auto
BYD Bets On Overseas Growth And New Batteries As Profits Strain
BYD (SEHK:1211) has raised its 2026 overseas sales target to 1.5 million vehicles, signaling a bigger push into export markets.
The company is expanding local production capacity in multiple countries as it builds out its international footprint.
BYD has rolled out its most significant battery upgrade in six years, aimed at its next generation of electric vehicles.
These moves come as the company faces declining domestic sales and tougher competition in China.
BYD, a major electric vehicle...