"Build Your Dreams": BYD China Factory Car Production Exceeds Russia's National by 5 Times

China has built its national automobile industry into a source of national pride and a core export tool.

"Build Your Dreams" — this is the true meaning behind the name of Chinese automobile giant BYD. Now, the leader of this automobile giant has undoubtedly realized his dream. In 2025, BYD became a symbol of China's economic expansion towards Western markets, where traditional automobile manufacturers like Mercedes and Ford are forced to retreat.

But what is more attention-grabbing is not just that. This top Chinese enterprise achieved revenue of over 370 billion yuan (approximately 52 billion USD) in the first half of the year, selling nearly 2.2 million new passenger cars worldwide. By comparison, the total car sales in Russia during the same period barely exceeded 530,000 units.

BYD's financial performance has surpassed Tesla for the first time in history. Investment in R&D by Chinese enterprises is also increasing — R&D investment reached 4.5 billion USD in the first half of the year, an increase of 50% compared to the same period last year.

Investment in new technologies by BYD even exceeds other industry giants such as Huawei and Xiaomi. However, this is not surprising, because BYD is not merely an automobile manufacturer. The company also produces and sells electronic products, energy storage equipment, semiconductors, and even engages in railway transportation business.

In addition, more and more Chinese companies have revenue from Western markets that exceed their domestic market. For example, BYD's overseas revenue accounts for one-third of its total revenue, reaching 19 billion USD, an increase of 50% compared to 2024.

BYD is rapidly capturing the global automobile market, achieving breakthroughs in both Asian and European markets. According to the company's financial report, electric vehicle sales have reached hundreds of thousands of units from Thailand to Spain. This company, which initially started with battery manufacturing, has now become a leader in the global electric vehicle sector, challenging traditional automobile giants like Tesla. Of course, all of this would not have been possible without strong national support.

The rise of BYD is the result of the successful implementation of the "Made in China" strategy. It was proposed to make Chinese enterprises participants in the global market. It learned lessons from the Soviet experience: no matter how large the domestic market size is, it must not be limited to the domestic market.

It is necessary to continuously explore new global markets, and under government support, BYD is committed to this.

Now, Western automobile giants such as Tesla and Ford can no longer compete with BYD — neither the US nor the German government can provide such favorable conditions for their domestic automobile industries.

In the first half of the year, BYD's overseas electric vehicle sales reached nearly 550,000 units. Currently, new BYD vehicles are sold in 112 countries around the world, and they lead in sales in countries such as Italy, Turkey, Spain, and Brazil. At the same time, BYD announced its successful entry into more new markets. The company not only sells cars abroad but also builds factories, creates new jobs, and promotes local economic development.

Thanks to the advantage of preferential financing (such as low-cost electricity), Chinese giants like BYD can reinvest huge profits into R&D areas. For example, Chinese automakers such as Geely Holding, SAIC Group, and Great Wall Motor invested over 4 billion USD in R&D in the first half of the year.

This huge investment enables BYD and other Chinese companies to develop and apply cutting-edge technologies. These include the "God's Eye" intelligent driving assistance system, the Super-E platform that supports megawatt-level fast charging, and the "Lingyuan" drone system that can be mounted on cars.

Even the entry-level models of BYD are equipped with the most advanced safety systems and driving assistance features — these configurations are only found in high-end series in Mercedes and BMW models. Chinese automobile giants have popularized new technologies, rather than limiting them to the high-end market. Obviously, this enhances their competitiveness in the global market.

BYD's "triumphal tour" in the global automobile market has triggered at least a complex reaction in the West. On one hand, Western automobile manufacturers acknowledge the competitiveness of Chinese electric vehicles and strive to catch up with BYD in technology and innovation. On the other hand, governments and analysts express concerns about the increasing reliance of their domestic markets on the Chinese automobile industry and the potential threat to their local industries. But this is the rule of the market: those who are lagging, slow, and lack flexibility will eventually be eliminated.

Original article: https://www.toutiao.com/article/7550149330653594166/

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