BYD accelerates global EV dominance as sales surge and European expansion ramps up

Chinese electric‑vehicle maker BYD posted a 5.5 % rise in worldwide sales in June 2026, reaching 403,472 units, with exports up 94.7 % and accounting for 43 % of total sales. The company’s overseas growth helped offset a 22 % drop in Chinese domestic demand.

In South Korea, BYD‑branded EVs registered 2,023 new vehicles in April 2026, overtaking Japanese imports for the first time and capturing about 6 % of the Korean import market, led by BYD’s own models. In Europe, BYD’s May 2026 registrations hit 32,380 units, surpassing Citroën and moving the brand into the top‑15, with a 145 % year‑on‑year increase and a market share of roughly 10‑11 %.

China’s EV exports surged 49 % YoY to a record US$9.2 billion in May, driven by strong demand from ASEAN, especially Thailand and the Philippines. BYD is also preparing a second European production site, evaluating existing plants in Spain or France to complement its upcoming Hungarian factory, aiming to produce up to 70 % of its European sales locally.

Additionally, BYD became the official automotive partner of the Khaleeji 27 football tournament in Saudi Arabia, expanding its brand presence in the Gulf region.