According to the Changjiang Securities Research Report, BYD's overall sales volume in July was 419,000 units, +21.8% year-on-year, +3.9% month-on-month, and passenger car sales volume was 411,000 units, +20.5% year-on-year and +3.5% month-on-month. Going overseas reached a new high. Sales volume in July was nearly 180,000 units. Supported by the new cycle of flash charging technology, domestic sales continued to pick up, and sales continued to grow in July. A global leader in new energy vehicles, technology and scale construction surpass industry competitiveness, megawatt flash charging+smart driving upgrades to meet the new technology cycle. Supported by BYD's next-generation flash charging technology, pure electric technology has ushered in major innovations and continues to consolidate the advantages of electrification technology. Currently, BYD's 2026 new car matrix is gradually being released, and the decentralization of new technology is expected to enhance product competitiveness and boost domestic sales. At the same time, under the big strategy of intelligence, the transformation of smart driving is firm. Tension, Looking, and Equation Panther are rich in model reserves, speeding up the deployment of the high-end market. Overseas travel continues to gain strength, and overseas channels and model matrices will be further improved. With overseas expansion and high-end sales, profitability is expected to continue to increase and maintain a “buy” rating.

According to the Changjiang Securities Research Report, BYD's overall sales volume in July was 419,000 units, +21.8% year-on-year, +3.9% month-on-month, and passenger car sales volume was 411,000 units, +20.5% year-on-year and +3.5% month-on-month. Going overseas reached a new high. Sales volume in July was nearly 180,000 units. Supported by the new cycle of flash charging technology, domestic sales continued to pick up, and sales continued to grow in July. A global leader in new energy vehicles, technology and scale construction surpass industry competitiveness, megawatt flash charging+smart driving upgrades to meet the new technology cycle. Supported by BYD's next-generation flash charging technology, pure electric technology has ushered in major innovations and continues to consolidate the advantages of electrification technology. Currently, BYD's 2026 new car matrix is gradually being released, and the decentralization of new technology is expected to enhance product competitiveness and boost domestic sales. At the same time, under the big strategy of intelligence, the transformation of smart driving is firm. Tension, Looking, and Equation Panther are rich in model reserves, speeding up the deployment of the high-end market. Overseas travel continues to gain strength, and overseas channels and model matrices will be further improved. With overseas expansion and high-end sales, profitability is expected to continue to increase and maintain a “buy” rating.