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.BYD Chairman Wang Chuanfu said that the company projects selling more than 800,000 vehicles outside China – up from 417,204 sold overseas in 2024.Car buyers in Britain are “very open” to vehicles sold by BYD and other Chinese competitors, according to Wang, who said he expects a “substantial rise” in sales. The chairman also cite ...