China’s EV king BYD expects international sales to top 20% this year

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Chinese electric-vehicle (EV) king BYD expects exports to make up about 20 per cent of its global sales this year, spurred by improved logistics and new model launches.The Shenzhen-based carmaker forecasts 800,000 to 1 million deliveries outside mainland China in 2025, compared with projected total sales of 4.6 million units, said Li Yunfei, the company’s general manager of branding and public relations.“We estimate that the proportion of our overseas sales would hit 20 per cent this year,” he...