Chinese electric vehicle (EV) makers BYD and Chery are experiencing a significant surge in overseas sales, with both companies reporting an impressive 80% growth in international demand. As the global shift towards electric vehicles gains momentum, BYD and Chery are capitalizing on the trend, expanding their presence in key markets such as Europe and Southeast Asia. The growth can be attributed to increasing consumer awareness and government incentives promoting the adoption of eco-friendly vehicles, as well as the companies' efforts to improve their product offerings and distribution networks. With the global EV market expected to continue its upward trajectory, BYD and Chery are poised to play a significant role in the industry's expansion.
China’s BYD, Chery chart 80% growth overseas as EV demand spikes South China Morning Post
