BYD Co.’s overseas sales jumped 65% in March to 120,083 units, lifted by higher
oil prices boosting EV demand, but total deliveries fell about 20%, extending a
seven-month decline amid weak China momentum. The firm regained its lead over
Geely Automobile Holdings Ltd.. BYD is relying on exports to offset slowing
domestic demand, though subsidy cuts and cautious consumers weigh on sales, with
future growth tied to overseas plant expansion and global conditions.
