BYD raises overseas sales target to 2.5 million vehicles by 2027
Chinese automaker BYD has set a new target of selling over 2.5 million vehicles overseas by 2027, according to a Deutsche Bank research note. The company has also raised its 2026 overseas sales target to between 1.9 million and 2 million vehicles. This expansion includes ramping up production at its plants in Indonesia, Brazil, and Hungary.