BYD targets more than 2.5 million vehicle exports in 2027, brokerages say
Corroborated by 2 sources from 2 publishers
globalgeneral3h ago
TL;DR
BEIJING, Sept 8 (Reuters) - Chinese electric vehicle maker BYD expects overseas shipments to exceed 2.5 million vehicles in 2027, two major brokerages said on Tuesday, citing a group meeting with company management. BYD did not immediately respond to a request for comment. • The export target is underpinned by continued market-share gains overseas, an expanding fleet of dedicated car carriers and a growing local manufacturing footprint, Deutsche Bank said in a note.