BYD's Racco Heads for Macau and Sri Lanka as Australian Deliveries Double
Published on 10/08/2026 at 06:41 | Editorial boerse-global.de
BYD is widening its Asian footprint on two fronts at once. The Chinese automaker said Sunday that its Racco electric vehicle will go on sale in Macau and Sri Lanka, with order books already open in Macau and a Sri Lankan launch set for October 9. Vice President Liu Xueliang put cumulative Racco orders at close to 2,000 units after just two months on the market.
The compact model fits a deliberate strategy: while competition at home stays brutal, BYD is methodically opening smaller markets and developing economies, targeting urban demand for electric mobility with smaller, cheaper cars.
Flagship SUV Keeps Up Its Own Momentum
Larger models are pulling their weight too. The Great Tang flagship SUV notched 13,010 sales in September, according to media reports, keeping monthly deliveries in five-digit territory since launch. Cumulative sales of the model have reached 40,222 vehicles. A broad lineup is widely seen in the industry as essential for keeping assembly plants busy and squeezing scale benefits out of components.
Exports Provide the Real Spark
The overseas business is where the pace has quickened most. Reuters reported that September shipments of passenger cars and pickups abroad jumped 153.9% year on year to 179,877 units, underlining how much weight exports now carry in the overall volume.
The nine-month picture is more muted. From January through September, BYD moved 3,131,576 new-energy vehicles, a decline of 3.94% from the same period a year earlier. Third-quarter sales were in the spotlight only about a week ago.
Should investors sell immediately? Or is it worth buying BYD?
Australia Emerges as a Growth Engine
Australia's auto market is shifting fast, and BYD has planted itself near the front of the foreign pack. As demand for combustion engines fades, buyers on the continent are increasingly opting for alternative powertrains — a trend that hands the manufacturer considerable room to grow well beyond its home region in Asia.
The numbers bear that out. Through the end of September, the company delivered 76,614 new vehicles in Australia this year, a gain of 102% over the 37,923 units in the same period of 2024. For investors, that overseas surge matters: with the domestic battle still fierce, BYD is visibly shifting its center of gravity toward international sales regions, and strong acceptance in the southern hemisphere shows the lineup can compete outside Asia as well.
Brazil and India Add to the Tally
South America tells a similar story. BYD has run its own manufacturing operation in Brazil since last year, and there the BYD King sedan topped the mid-size segment in September with 1,666 new registrations. In India, the manufacturer grew 35.9% in the same month to 836 units, according to the FADA association.
Those gains point to deepening roots in emerging regions. Local production sites reduce exposure to trade restrictions and steady the supply chain, while the group is managing to take share from traditional players in developing markets that have hesitated to electrify their fleets.
China Remains the Drag
For all the overseas success, the home market is still a burden. Surveys by SMM and CPCA show China sales fell nearly 13% in September to 282,900 units. Worldwide volume climbed to 463,600 vehicles on the strength of the export push, but the domestic decline carries weight.
A bitter price war among Chinese manufacturers is sapping profitability and unsettling market participants, while consumers in the People's Republic are holding back — a combination that puts sales targets under strain. International growth can only partly offset that pressure for now.
Shares Stay Under a Cloud
Equity markets have yet to reward the operational news. The stock closed yesterday down 1.1% at EUR 8.41, and in today's session it is off 1.2%, also at EUR 8.41. Since the turn of the year the shares have lost 21% and continue to trade near their annual low.
For investors, the medium- to long-term case hinges on the balance between those two forces. If management can keep pushing expansion on new continents, dependence on China will gradually ease. Until international volumes fully offset domestic swings, however, the quote is likely to stay vulnerable to market turbulence.
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