Ge Long Hui A P P·2025-08-14 06:12Core Viewpoint - BYD is accelerating its overseas expansion, with a significant increase in exports and a reduction in fuel consumption for its DM-i models, despite facing short-term sales pressure due to seasonal inventory adjustments [1] Group 1: Sales Performance - In July, BYD exported 81,000 vehicles, a year-on-year increase of 169%, but a slight month-on-month decrease of 10% [1] - Cumulative exports from January to July reached 545,000 vehicles, representing a year-on-year growth of 133% [1] - The short-term decline in exports is attributed to increased tariffs in Brazil, which raised the import tax on pure electric vehicles from 18% to 25% and on plug-in hybrids from 20% to 28% starting in July [1] Group 2: Market Focus - BYD's key overseas markets include Turkey, the UK, and Europe as a whole [1] - The main models being exported are hybrid vehicles, particularly the Song PLUS DM-i [1] Group 3: Future Outlook - The company is expected to see steady growth in both sales and profitability due to an increase in the proportion of high-end products and accelerated overseas expansion [1] - Projections for vehicle sales from 2025 to 2027 are 4.99 million, 5.72 million, and 6.58 million units, respectively, with net profits attributable to the parent company expected to be 50.9 billion, 62.6 billion, and 74.4 billion yuan [1]