2025-11-07 11:52Financial Performance - In the first three quarters of 2025, BYD achieved total revenue of CNY 566.3 billion and a net profit of CNY 23.3 billion, with cumulative sales of 3.26 million new energy vehicles, marking an 18.6% year-on-year growth [1] - In Q3 2025, revenue reached CNY 194.98 billion, with a net profit of CNY 7.82 billion, reflecting a 23% quarter-on-quarter increase [1] - As of September 30, 2025, the company had cash and cash equivalents exceeding CNY 175.2 billion, supporting its rapid business growth [1] Global Expansion - BYD's new energy vehicles are now sold in over 110 countries across six continents, significantly increasing market penetration in Europe, Latin America, and Asia-Pacific [3] - In October 2025, overseas sales of passenger cars and pickups reached 83,524 units, a 155.5% year-on-year increase, with a total of 785,103 units sold from January to October [3] - The company has announced plans for new overseas factories in Thailand, Uzbekistan, Brazil, Hungary, Malaysia, and Cambodia, with more capacity expansions in the pipeline [3] Product Innovation - BYD continues to focus on technological innovation to address industry pain points, having introduced several groundbreaking technologies such as blade batteries and advanced hybrid systems [4][5] - The "Tiangshen Eye" intelligent driving system aims to enhance safety by reducing risks associated with driver fatigue, with a commitment to making high-level assisted driving features accessible across all models [6] Energy Storage Development - BYD's battery business, including energy storage, has seen significant growth, with a total installed capacity of over 230 GWh, a year-on-year increase of over 55% [7] - The company launched a new generation of energy storage products, "Haohan," designed for large-capacity storage applications, showcasing its capabilities at the SOLAR&STORAGE LIVE 2025 event in the UK [7]