BYD Shares Climb in Hong Kong Following Teaser for Song Ultra EV in Popular SUV Lineup

BYD's New EV Model: BYD has previewed the Song Ultra EV, a high-powered all-electric vehicle featuring advanced driver-assistance systems, as part of its strategy to enhance its product lineup and maintain strong sales momentum.

Global Expansion Plans: The company aims to increase overseas EV sales by approximately 25%, targeting around 1.3 million vehicles outside China this year, while also focusing on maintaining its domestic sales through popular models like the Song series.

Sales Performance: Despite a significant drop in December sales, BYD delivered about 4.6 million vehicles globally in 2025, surpassing Tesla to become the world's largest EV seller, driven by strong growth in exports to Europe, Southeast Asia, and Latin America.

Market Sentiment: Retail sentiment around BYD's stock has been bearish, with shares declining nearly 2% over the past year, reflecting concerns amid fluctuating sales and market conditions.