BYD’s Big Global Bet: 1.6 Million Cars, Three New Plants, and a New Automotive Order
BYD is rapidly transforming from a Chinese EV champion into a true global automaker. With an ambitious target of 1.6 million overseas car sales by 2026, the company is backing its vision with major investments in new production plants in Hungary, Brazil, and potentially Spain. This bold expansion strategy strengthens BYD’s presence in key markets, helps it navigate tariffs and trade barriers, and signals a reshaping of the global automotive order led by electrification and cost-competitive innovation.
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