Qian Zhan Wang·2025-10-10 08:40Core Insights - BYD's 14 millionth electric vehicle was officially launched in Brazil, marking a significant milestone in the company's overseas expansion efforts [2] - The construction of the new plant in Brazil took only 15 months, showcasing BYD's rapid growth and production capabilities [2] - BYD's sales performance in the first three quarters of 2025 has been outstanding, with a total of 3.26 million vehicles sold, achieving 71% of its annual target [2] Group 1: Production and Expansion - BYD's new plant in Bahia, Brazil, is one of its largest overseas production bases, with an annual planned capacity of 150,000 vehicles [2] - The time taken to reach 14 million vehicles is significantly shorter than previous milestones, indicating accelerated growth [2] - The company has maintained a leading position in the domestic market, with a market share of 31.7% in 2022 [3] Group 2: Market Performance - In the first three quarters of 2025, BYD achieved a global market share of approximately 13.7%, surpassing Tesla for four consecutive quarters [2] - BYD's overseas sales have exceeded 700,000 units by September 2025, significantly surpassing the total for 2024 [2] - The company has established itself as a leading brand in various international markets, including Europe and Southeast Asia [2] Group 3: Innovation and Recognition - BYD's Seagull model was recognized in TIME magazine's list of the best inventions of 2025, highlighting its innovative capabilities [3] - The company has successfully penetrated multiple international markets, securing significant orders for electric buses in countries like Hungary, Colombia, and Finland [5][7]