Chinese electric vehicle manufacturer BYD Co expects exports to account for around 20% of its global sales this year, supported by the launch of new models, the South China Morning Post reported on Monday.
According to the paper, BYD projects between 800,000 and 1 million deliveries outside mainland China in 2025, compared with a revised total sales target of 4.6 million units. The company’s general manager of branding and public relations, Li Yunfei, said, “International deliveries will make a greater contribution in the years to come,” noting that BYD’s own fleet of car-carrier vessels has helped boost exports.
The revised forecast confirmed a Reuters report earlier this month that BYD had cut its 2025 sales target by as much as 16%, reflecting its slowest annual growth in five years and signs that its record-breaking expansion may be levelling off.
In 2024, overseas sales represented less than 10% of BYD’s total 4.26 million deliveries, the South China Morning Post added.
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UN Secretary-General António Guterres delivered a stark warning at this year's COP31 summit, saying the climate crisis iss advancing faster than governments' efforts to contain it.
European leaders gathered in Dublin on Thursday, 12 November, for the ninth European Political Community (EPC) summit, with security, defence and energy high on the agenda. Azerbaijani President Ilham Aliyev held talks focused on peace, trade and regional cooperation.
Here's your AnewZ Daily Brief for 11 November. Today, we cover Russia-Ukraine peace talks, political tensions in Washington, strikes in Spain, espionage allegations involving Nvidia's CEO, and climate negotiations at COP31 in Türkiye.
Four million workers across Spain joined a general strike on Wednesday over the country’s deepening housing crisis, unions said, bringing disruption to factories, ports, shops and public transport just weeks before a snap general election.
Iran will not let a single particle of its enriched nuclear material leave the country, and any new U.S. attack would be met with strikes on distant American bases, Iranian security chief Mohsen Rezaei has said.
Azerbaijan's non-oil and gas exports, excluding non-monetary gold, rose 20.8 per cent year-on-year to $3.6 billion in the first 10 months of 2026, according to preliminary figures released by the Center for Analysis of Economic Reforms and Communication (CAERC) on Thursday.
Nvidia's board is scheduled to meet to decide whether to remove CEO Jensen Huang following reports of extramarital affairs, including one involving a woman suspected of links to Chinese intelligence, as U.S. lawmakers intensify scrutiny of the chipmaker's exports to China.
Calls for Nvidia CEO Jensen Huang to resign are growing amid national security concerns, raising questions about the future of the AI chip giant. With billions in quarterly revenue, no announced successor and investors already reacting to the controversy, what happens if its co-founder steps down?
Azerbaijan is seeking international investment to develop more than four gigawatts (GW) of offshore wind power in the Caspian Sea, as part of plans to expand renewable energy and establish electricity export routes to Türkiye and Europe.
The FBI is investigating Nvidia CEO Jensen Huang's relationship with a Chinese businesswoman suspected of passing information to Beijing, U.S. President Donald Trump said on Monday, 9 November.
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