Mei Ri Jing Ji Xin Wen·2026-01-03 01:55Core Viewpoint - BYD is projected to surpass Tesla in global electric vehicle sales in 2025, with an expected sales volume of 2.25 million pure electric vehicles, marking a 28% year-on-year increase, while Tesla's forecasted sales are 1.64 million, an 8% decline from 2024 [1][2]. Group 1: Sales Performance - BYD's total new vehicle sales for 2025 are expected to reach 4.6 million units, reflecting an approximate 8% year-on-year growth, with 2.25 million being pure electric vehicles and 2.28 million being plug-in hybrid vehicles [2][3]. - In December 2025, BYD's total new energy vehicle sales were 420,398 units, a year-on-year decline of about 18.2%, while the cumulative sales for the year reached 4,602,436 units, a 7.73% increase [3]. Group 2: Market Expansion - BYD is actively expanding its overseas sales, with significant growth in markets such as Europe, Latin America, and Southeast Asia, and is increasing local production capabilities [2][3]. - The company has commenced production at its factory in Brazil in 2025 and plans to expand exports to Europe from its Thailand factory, which will also cater to local market demands [3]. Group 3: Competitive Position - BYD's achievement in surpassing Tesla indicates its potential to enhance component procurement capabilities through scale advantages, thereby improving price competitiveness in the market [2].