Zhong Guo Jin Rong Xin Xi Wang·2025-07-25 10:08Group 1 - BYD's overseas expansion is highlighted by the opening of its passenger car factory in Brazil, marking a significant step in its global strategy [1] - The overseas market has become a crucial engine for BYD's sales and performance growth, with expectations for accelerated exports and rapid development in multiple countries [1][6] Group 2 - In the first half of the year, BYD sold approximately 2.146 million new energy vehicles, a year-on-year increase of 33.04%, leading the market [2] - Pure electric vehicle sales accounted for about half of the total sales, exceeding 1.02 million units, with a year-on-year growth of 41% [2] - In Q4 2024, BYD's pure electric vehicle sales surpassed Tesla for the first time, with around 600,000 units sold, reflecting a growth of 13.1% [2] Group 3 - BYD's overseas sales reached over 470,000 units in the first half of the year, exceeding the total overseas sales for the previous year, with a year-on-year growth of over 130% [4] - The company's growth is attributed to strong technology, diverse product offerings, and effective overseas strategies, including local production and marketing [4] - BYD's electric vehicles are now present in 112 countries and regions globally, with notable performance in Italy, Spain, Turkey, Japan, Thailand, Indonesia, and Malaysia [4] Group 4 - Analysts predict that BYD's overseas layout will significantly boost future sales, with plans to increase investment in markets like Brazil, Uzbekistan, Hungary, Turkey, and Indonesia [6] - The company aims for a sales target of 5.5 million units by 2025, having already achieved nearly 40% of its annual target in the first half of the year [6]