BYD expands overseas layout, globalization has a bright future

In November, BYD's export sales of new energy vehicles were 31,000 units, up 1.1% year-on-year and down 0.7% month-on-month. In the first 11 months of 2024, the cumulative exports reached 360,000 units, up 74.2% year-on-year, continuing the growth trend. This year, the company has increased its investment in overseas markets, set up factories in Brazil, Uzbekistan, Hungary, Turkey, Indonesia and other places, and accelerated exports.