BYD’s Global Expansion: A Look at Top 10 Export Markets
As the demand for new energy vehicles (NEVs) continues to rise worldwide, Chinese car brands are making significant strides in expanding their presence in international markets. Among them, BYD stands out as a key player, rapidly increasing its reach across major global markets.
Here are the top 10 destination countries by BYD passenger vehicle exports from January to April 2025, along with detailed data:
- Brazil: 17,584 battery electric passenger vehicles and 32,260 plug-in hybrid electric passenger vehicles, totaling 49,844 units.
- Mexico: 18,754 battery electric passenger vehicles and 30,555 plug-in hybrid electric passenger vehicles, totaling 49,309 units.
- Belgium: 23,347 battery electric passenger vehicles and 18,752 plug-in hybrid electric passenger vehicles, totaling 42,099 units.
- Turkey: 7,026 battery electric passenger vehicles and 10,691 plug-in hybrid electric passenger vehicles, totaling 17,717 units.
- UK: 8,766 battery electric passenger vehicles and 8,804 plug-in hybrid electric passenger vehicles, totaling 17,570 units.
- Thailand: 14,636 battery electric passenger vehicles.
- Indonesia: 13,717 battery electric passenger vehicles.
- Spain: 6,445 battery electric passenger vehicles and 5,418 plug-in hybrid electric passenger vehicles, totaling 11,863 units.
- Australia: 6,361 battery electric passenger vehicles and 3,873 plug-in hybrid electric passenger vehicles, totaling 10,234 units.
- Philippines: 2,823 battery electric passenger vehicles and 5,545 plug-in hybrid electric passenger vehicles, totaling 8,368 units.
Brazil and Mexico have emerged as key target markets for BYD’s global expansion, with a combined export volume nearing 100,000 units. Favorable policies such as Brazil’s “Rota 2030” program and Mexico’s infrastructure development efforts are creating conducive environments for the growth of BYD’s NEVs.
In Brazil, BYD is collaborating with the government of Bahia state to establish its Camaçari production complex, set to commence operations on June 26. The initial models to be manufactured include the Seagull and Song Pro DM-i. In Mexico, discussions are underway for a local factory as models like the Seagull, Dolphin, Song PLUS, Song Pro, and Destroyer 05 gain traction in the market.
Belgium, a vital logistics hub in Europe, ranks third with 42,099 units exported, with BEVs accounting for approximately 55.5% of the total. Aside from meeting local demand, a significant portion of these vehicles is efficiently distributed to key Western European markets like Germany, France, and the Netherlands, positioning Belgium as BYD’s strategic gateway to Europe. BYD is intensifying its expansion efforts across the region.
On May 21, BYD simultaneously introduced the BYD DOLPHIN SURF in 15 European countries, bolstering its lineup of pint-sized BEVs and expanding market penetration through its established distribution network.
Thailand (14,636 BEVs) and Indonesia (13,717 BEVs) standout as prominent markets for BYD’s exports, representing the BEV segment. Both countries offer government incentives to support BEV adoption. BYD’s Rayong plant in Thailand is operational, enhancing its supply capacity and competitiveness in the local and neighboring markets. In Indonesia, plans for a local factory are progressing.
The data underscores BYD’s balanced approach in driving growth through both BEVs and PHEVs, with markets like Brazil, Mexico, Turkey, and the Philippines favoring PHEVs, while Belgium, Australia, Thailand, and Indonesia are predominantly driven by BEV sales.
