In October, a number of pioneering stores in Sweden and Germany will be opened, with the first vehicles expected to be delivered in the fourth quarter.

This is BYD's latest effort to increase its presence in overseas markets.

BYD announced on July 27 that it will participate in the Paris Motor Show, to be held at the end of October, and make its new energy passenger vehicle product matrix available in Europe.

The biennial Paris Motor Show is one of the world's most important auto shows, but the event was last held four years ago due to the Covid epidemic.

This year's event will be held from October 17 to 23, and BYD will bring its new energy technologies and new models to visitors at a booth of nearly 1,000 square meters.

On July 21, BYD announced the company's official entry into the Japanese passenger car market with the unveiling of three battery electric vehicles, the BYD Seal, Dolphin and Atto 3.

BYD said at the time that the Atto 3 was expected to launch in Japan in January 2023, the Dolphin in mid-2023 and the Seal in the second half of 2023.

With other expansions in overseas markets, rumors have recently surfaced that BYD will order vessels for future vehicle exports.

BYD will order multiple pure car/truck carriers (PCTCs) to meet the company's future car export transportation needs, maritime information service platform Xinde Marine News reported on July 29.

BYD will purchase six and up to eight LNG dual-fuel PCTCs capable of transporting 7,700 vehicles, which they expect to deliver from 2025 onward, the report said, citing Lloyd's List.

BYD marches into Japan, home turf of Toyota and Honda