In the past, joint venture cars always dominated China's domestic automotive market. Even after domestic car brands gradually rose, they were long left behind in terms of sales. However, with the emergence of New Energy Vehicles, the landscape of the domestic car market underwent a transformation. After years of development, domestic New Energy Vehicles have surpassed joint venture NEVs in both quantity and sales.
Apart from performing notably in the domestic automotive market, many domestic car brands have opened up overseas markets, selling domestic New Energy Vehicles to the world. For example, BYD Motors, which performed outstandingly in the domestic New Energy Vehicle market, also achieved solid performance in overseas markets. Recently, BYD announced its sales data for overseas markets. As of August, the sales volume of passenger cars and pickup trucks under the BYD brand in overseas markets reached 189,000 units, up 136% year-on-year. Compared to the same period last year, this added a sales volume of over 100,000 units, continuously breaking sales records for five consecutive months. In addition, BYD's total overseas sales from January to August were 1.158 million units, surpassing the 1.0496 million overseas sales data for the entire year of 2025.
Currently, BYD has achieved the top spot in New Energy Vehicle sales in countries such as Thailand, Singapore, Italy, Saudi Arabia, the UAE, South Africa, Brazil, and others. In addition, BYD has gained recognition from high-level officials of multiple countries through its strength. Recently, US Treasury Secretary Bessent mentioned BYD during a speech at the Charlotte Economic Club event, stating, "BYD is the best car worth $70,000 that consumers can buy for $35,000." Besides Bessent's public mention, after experiencing the Yangwang U8, California Governor Newsom also called it a breakthrough technology for the new era. Additionally, Uzbekistan awarded the "Friendship Medal" to BYD; furthermore, Brazilian President Lula, Thai Prime Minister Anutin, former Chilean President Piñera, and other high-level officials from multiple countries praised BYD's innovative technology.
The main reason BYD has been able to obtain positive evaluations from officials of multiple countries is that BYD has achieved independent and controllable capabilities in the core areas of New Energy Vehicles—batteries, electronic controls, and motors. Therefore, pricing is naturally controllable, reshaping the pricing logic of the automotive industry, so BYD can be said to have won global recognition with its product strength!






