September 7, 2026 – In a recent public speech at the Charlotte Economic Club, U.S. Treasury Secretary Scott Bessent highly praised BYD, stating that the automaker delivers a premium driving experience typically associated with a $70,000 vehicle at a price point of just $35,000.
This ultra-high cost-performance ratio and cross-tier premium experience represent BYD’s core advantage in winning over global consumers. For a long time, overseas premium automakers have dominated the pricing power in the mid-to-high-end auto market through brand premiums, often pricing vehicles with equivalent quality and configurations at exorbitant rates.
Relying on its advantages in fully independent research and development across the entire industry chain, BYD has achieved complete self-sufficiency in the three core technologies: batteries, electric motors, and electronic control systems. Through continuous technological upgrades and refined, large-scale production, the company has effectively compressed costs while maintaining strict quality control. This has thoroughly broken the pricing barriers set by foreign automakers and reconstructed the value system of the global automotive market.
Behind this authoritative endorsement lies continuously surging overseas sales data, which serves as solid proof of BYD’s formidable strength.
Data shows that BYD’s overseas sales of passenger vehicles and pickup trucks reached 189,000 units in August, a staggering year-on-year increase of 134.6%, adding over 100,000 units compared to the same period last year. This marks the fifth consecutive month of record-breaking overseas sales for the company.
From January to August of this year, BYD’s cumulative overseas sales surpassed 1.158 million units, already exceeding its total overseas sales volume for the entire year of 2025. Key models such as the Yuan UP, Dolphin, and Song PLUS, with their well-rounded product performance, have continued to deepen their presence in overseas markets, serving as the core pillars of this sales growth.
