/ January 26, 2026 While its shares on the Shenzhen exchange (002594) have recently consolidated around 93.65 CNY, BYD is operationally accelerating, announcing significantly raised international ambitions. The company’s management has provided a clear roadmap for overseas sales growth through 2026, further solidifying its substantial lead over rival Tesla in the global electric vehicle race. Revised Export Ambitions for 2026 A central development is BYD’s upward revision of its sales targets outside China. According to Li Yunfei, General Manager of Brand and Public Relations, the automaker is now targeting approximately 1.3 million vehicle sales in international markets for 2026. This figure represents an increase of roughly 25% compared to the previous year. In 2025, the company’s export volume surpassed 1.04 million units, marking a staggering year-on-year surge of about 150%. The new goal signals a strategic shift from a phase of explosive catch-up growth to a sustained period of high-tempo expansion. To support this overseas push, BYD is leveraging its growing international manufacturing footprint: * Production facilities in Thailand and Uzbekistan are already operational. * A factory in Hungary is slated to begin mass production in the second quarter of 2026, serving as a crucial pillar for the European market. * The company’s commercial presence now extends to more than 110 countries worldwide. 2025 Performance: Extending the Lead Over Tesla These forward-looking targets are built upon a position of considerable strength demonstrated in the concluded 2025 fiscal year. The published data reveals a widening gap with Tesla: * BYD Total 2025 Sales: 4.6 million New Energy Vehicles (NEVs), a 7.7% year-over-year increase. * BYD Battery Electric Vehicles (BEVs): 2.26 million units. * Tesla Total 2025 Sales: 1.64 million vehicles. These results show BYD has not only overtaken Tesla in total volume but is also expanding its lead within the pure electric vehicle segment. The company met its adjusted annual target of 4.6 million vehicles, driven by robust domestic demand and a record export month in December 2025.