China's BYD aims to sell up to 1.6 million vehicles abroad in 2026, Citi says

Core Insights - Chinese electric vehicle maker BYD aims to sell up to 1.6 million vehicles abroad next year, indicating a strong commitment to international expansion [1] - The company is expected to achieve high double-digit growth in overseas sales starting from 2025, as reported by Citi [1] Company Strategy - BYD's strategy focuses on increasing its presence in international markets, with a target of doubling its overseas sales [1] - The ambitious sales target reflects BYD's confidence in its product offerings and market demand [1] Market Outlook - The report suggests that BYD's growth trajectory aligns with broader trends in the electric vehicle industry, which is experiencing significant global demand [1] - High double-digit growth projections indicate a robust market environment for electric vehicles, particularly in international markets [1]