Zhi Tong Cai Jing·2025-08-05 08:31Group 1 - The core viewpoint of the report is that BYD is expected to exceed its overseas sales targets for 2025, with a positive long-term growth outlook in international markets [1] - In July, BYD's sales reached 344,000 units, remaining stable year-on-year, while cumulative sales from January to July totaled 2.49 million units, reflecting a 27% year-on-year increase [1] - Overseas sales for the first seven months reached 524,000 units, representing a 124% year-on-year increase, driven by deeper market penetration and the establishment of brand presence [1] Group 2 - The company plans to introduce several executives with experience from overseas automotive companies in 2024 and will begin product strategy adjustments by the end of 2024, including the introduction of multiple plug-in hybrid models [2] - BYD aims to establish 500 sales points in Europe by the end of 2025, with approximately 250 points established by March 2024 [2] - In the first five months of this year, BYD's market share in the European electric passenger vehicle market increased by 2.8 percentage points to 4%, while its market share in several Southeast Asian countries reached 47%, up 15 percentage points year-on-year [2]