BYD's January Export Volume Reaches New High, with Stellar Performance in the Overseas New Energy Vehicle Market
On February 2, BYD released its production and sales report for January 2025. The data shows that it has achieved remarkable results in the new energy vehicle (NEV) field, especially in the overseas market. Its export volume reached 66,336 units, a year - on - year increase of 83.4%, hitting a new monthly high.
In January, BYD's production of new energy vehicles reached 327,864 units, a year - on - year increase of 59.48%; and its sales volume was 300,538 units, a year - on - year increase of 49.16%. Among them, the sales volume of passenger cars was 296,446 units, a year - on - year increase of 47.5%. In terms of overseas sales of passenger cars, the outstanding performance of new energy passenger cars further demonstrates BYD's influence and competitiveness in the global new energy vehicle market.
BYD's continued leadership in the new energy vehicle field benefits from its continuous investment in technology research and development. Technologies such as the Blade Battery technology and DM - i Super Hybrid technology have enhanced product performance and competitiveness, meeting the needs of different consumers. In terms of overseas market layout, the Thai factory, as BYD's first overseas passenger car production base, is expected to have an annual production capacity of 150,000 units, supplying new energy vehicles to Thailand and surrounding ASEAN countries. The Hungarian factory also has an annual production capacity of 150,000 units, helping BYD to penetrate deeper into the European market.
With the growth of new energy vehicle sales, the scale effect is gradually emerging, and the unit production cost is expected to decrease. At the same time, the increase in the installed capacity of power batteries and energy storage batteries not only meets its own production needs but also brings more opportunities for its battery external supply business. The significant increase in export volume in January has made a good start for BYD to further expand its global market share in 2025, and its future performance in the overseas market is highly anticipated.