U.S. Treasury Secretary Sbernert said in a speech at the Charlotte Economic Club that BYD can offer a vehicle experience comparable to one worth 70,000 US dollars at a price of 35,000 US dollars. This view is based on BYD’s advantage of independent research and development across the entire industrial chain, enabling it to control the three core technologies of batteries, motors, and electronic control. Through technological upgrades and large-scale production, BYD has reduced costs, broken through pricing barriers imposed by overseas automakers, and redefined the global automotive market value system. Behind its authoritative reputation are continuously rising overseas sales figures: in August this year, BYD’s overseas sales of passenger cars and pickups reached 189,000 units, a sharp increase of 134.6% year-on-year, hitting a record high for five consecutive months; from January to August this year, cumulative sales exceeded 1.158 million units, surpassing its total overseas sales for the entire year of 2025.
U.S. Treasury Secretary Sبنسٹ said in a speech at the Charlotte Economic Club that BYD can offer a vehicle experience comparable to one priced at $70,000 when sold for $35,000. This view is based on BYD’s advantage of independent research and development across the entire industrial chain, enabling it to control the core technologies of batteries, motors, and electronic controls independently. Through technological upgrades and large-scale production, BYD has reduced costs, broken through pricing barriers imposed by foreign automakers, and restructured the global automotive market value system. Behind this authoritative reputation are continuously rising overseas sales figures: in August this year, BYD’s overseas sales of passenger cars and pickups reached 189,000 units, a sharp increase of 134.6% year-on-year, hitting a record high for five consecutive months; from January to August this year, cumulative sales exceeded 1.158 million units, surpassing its total overseas sales for the entire year of 2025.