BYD: Overseas Share Tops 40%
According to BYD's production and sales report (compiled by Aijian Securities), BYD's total July 2026 sales reached 419,211 units, up 22% YoY; overseas sales hit 180,545 units, up 120% YoY, accounting for 43.07% of total volume — overseas markets have effectively become BYD's "second home market."
In the key market of Japan, BYD's compact EV RACCO secured 1,002 orders within two weeks of launch, and the company is targeting cumulative sales of 10,000 units by year-end. Japan is renowned for its formidable home-brand loyalty, making this opening performance a closely watched milestone for Chinese EV makers.
China EV Exports: +120% YoY in H1
A recent Wall Street Journal report noted that China's EV exports rose 120% YoY in H1 2026, with emerging markets contributing roughly 60% of the total — the main incremental driver of China's EV globalization push.
In Europe, five Chinese car brands together captured 12.1% of new car registrations in the EU plus the UK in June, and Chinese brands' European market share continues to climb.
The Bigger Picture: 1.037 Million Vehicles Exported in June
Per CAAM data, China exported 1.037 million vehicles in June 2026, up 75.2% YoY, with the following structural highlights:
Passenger vehicle exports: 905,000 units, up 80.3%;
Commercial vehicle exports: 133,000 units, up 47.8%;
NEV exports: 523,000 units, up 155.1% — more than half of the total.
Customs data shows China's vehicle export value reached USD 91.8 billion in H1 2026, up 54% YoY — a clear pattern of rising volume and value in tandem.
Bottom Line
From BYD's overseas share topping 43% to H1 EV exports doubling and vehicle export value exceeding USD 90 billion, China's auto globalization has moved from "product export" to "system export": self-owned car carrier fleets, overseas plants and localized channels. For logistics, homologation and after-sales providers along the export chain, this is a high-visibility growth market. Follow EX1000.COM for more China auto export news and analysis.
