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BYD's global push is accelerating just as expensive gas jolts EV demand
Business Insider· 2026-03-31 17:00
BYD's global expansion was already accelerating. Now, it's getting a new shot in the arm: high global gas prices. Executives at the Chinese automaker, which overtook Tesla as the world's most popular EV seller in 2025, said on Monday it is "highly confident" it will hit or exceed its target of 1.5 million overseas vehicle sales. Insiders also told Reuters that foreign markets could eventually make up half of BYD's car business.It's a sign of how quickly BYD is moving from a domestic giant to a global conten ...