BYD exports boost sales again

Chinese company BYD, the world's largest manufacturer of electric vehicles, achieved a rise in its global sales in June, reaching 403,472 cars, an increase of 5.5% compared to the same month last year, following a modest growth in May. This performance was primarily driven by external demand, which offset the decline in sales within the Chinese market, despite intense competition and a slowdown in domestic consumer spending. The company continues its international expansion by entering new markets in Europe and Latin America, as competition with companies like Leapmotor intensifies, with Leapmotor recording significant jumps in sales during the same period.

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