BYD (SHE:002594, HKG:1211) plans to sell half its vehicles outside China by 2030, Reuters reported Thursday, citing people familiar with the matter.
The goal hinges on expansion in Europe and Latin America, according to the report.
Whether the 2030 sales target includes total global sales is unclear, the report said, citing one of the people.
(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)