China's BYD seizes oil-driven EV momentum with win-win global push
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Published on April 2, 2026.
Chinese automaker, BYD, has pledged to prioritise win-win cooperation and technological innovation as it expands its global footprint. The company's global demand for Chinese new energy vehicles is increasing amid rising fuel prices, reflecting market-driven choices and highlighting the appeal and cost-effectiveness of its products. In Thailand, EV sales have increased due to supportive government policies and rising global oil prices, a competitive product lineup and a robust localization strategy also contributed. The carmaker's global momentum extends beyond Southeast Asia, with over 1.049 million vehicles sold in 2025, a 145 percent year-on-year increase.
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