BYD eyes more than 2.5 million overseas sales in 2027, Deutsche Bank note says

BYD is targeting more than 2.5 million overseas sales in 2027, Deutsche Bank analysts wrote in a note on 7 September, citing management comments on the post-earnings call. The 2026 overseas goal has been raised to 1.9 to 2.0 million vehicles, from 1.3 million in January and 1.5 million in March. Management said a lack of shipping capacity held back exports this year, and BYD plans to enlarge its own fleet of car carriers. Its Indonesian plant has started production and the Hungarian plant is expected to begin assembly in November or December.

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