Daiwa: BYD Company Limited (01211.HK) overseas sales to reach 1.8 million and 2.5 million units this year and next year

Zhito Finance APP has learned that Daiwa issued a report stating that BYD Company Limited (01211.HK) management updated its 2026 sales and gross margin outlook, as well as progress on fast charging. According to the guidance, overseas sales are expected to reach 1.8 million units and 2.5 million units in 2026 and 2027, respectively. Looking ahead to the second half of 2026, management is confident in regaining market share with the ramp-up of second-generation blade battery supply. Daiwa gave BYD a "Buy" rating.