BEIJING, Sept 8 (Reuters) - Chinese electric vehicle maker BYD expects overseas shipments to exceed 2.5 million vehicles in 2027, two major brokerages said on Tuesday, citing a group meeting with company management.
BYD did not immediately respond to a request for comment.
• The export target is underpinned by continued market-share gains overseas, an expanding fleet of dedicated car carriers and a growing local manufacturing footprint, Deutsche Bank said in a note.
• BYD management guided overseas shipments to reach 1.9 million to 2 million vehicles in 2026, nearly double last year's level, Deutsche Bank said. Management indicated that shipping constraints limited overseas sales this year and that export volumes could otherwise have been higher.
• BYD's Hungary plant is expected to start ******* embly in November or December. Management is also evaluating additional overseas manufacturing locations, according to Deutsche Bank.
#overseas #export
BYD did not immediately respond to a request for comment.
• The export target is underpinned by continued market-share gains overseas, an expanding fleet of dedicated car carriers and a growing local manufacturing footprint, Deutsche Bank said in a note.
• BYD management guided overseas shipments to reach 1.9 million to 2 million vehicles in 2026, nearly double last year's level, Deutsche Bank said. Management indicated that shipping constraints limited overseas sales this year and that export volumes could otherwise have been higher.
• BYD's Hungary plant is expected to start ******* embly in November or December. Management is also evaluating additional overseas manufacturing locations, according to Deutsche Bank.
#overseas #export
4 days ago
