BYD sets up 90 sales outlets in Japan

Staff reporter

Chinese electric car giant BYD (1211) has set up 90 sales outlets in Japan.

BYD sold 1,084 vehicles in Japan in the first half of this year and now holds a 2.7 percent share of the Japanese electric vehicle market.

In the first half of 2024, BYD sold 203,404 new energy vehicles internationally, a 173 percent increase year-on-year, which contributed 12.6 percent to its total sales of 1.61 million NEVs.

The Japanese market accounted for 0.5 percent of BYD's overseas sales during this period.

Meanwhile, in the US former president Donald Trump used false claims about Chinese auto plants in Mexico to call for the United Auto Workers Union president to be fired.

Trump made a pitch for votes from crucial swing state autoworkers during his acceptance speech for the Republican presidential nomination, using false claims to call on them to fire their union president.

Trump said the UAW should be ashamed for allowing Chinese automakers to start building large factories along the Mexican border, from where they will ship cars to the US without paying taxes.

Although GlobalData expects Chinese automakers such as BYD and Chery to set up plants in Mexico in the future, it hasn't happened yet.

Li Ke, BYD's chief executive for the Americas, has said that BYD has no plans to enter the US electric car market for now.