China’s exports of new-energy vehicles (NEVs) surged 89.4% year-on-year to 1.76 million units in the first nine months of 2025, with BYD Co. Ltd. accounting for nearly 40% of total outbound shipments.
BYD, which produces only NEVs, has rapidly expanded its global footprint. The company’s overseas sales soared 130% to 705,000 units over the same period, lifting it from the sixth- to second-largest Chinese auto exporter, according to data released Tuesday by the China Association of Automobile Manufacturers.
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