BYD Company Limited reported first-half 2026 revenue of 344.8 billion yuan ($51.3 billion) and net profit attributable to shareholders of 12.33 billion yuan ($1.8 billion). Overseas revenue exceeded half of total revenue for the first time, reaching 52.57% and overtaking China’s domestic market as the company’s largest revenue source. Overseas operating revenue rose 33.92% year on year to 181.27 billion yuan ($27.0 billion), compared with 135.36 billion yuan a year earlier. New energy vehicle sales totaled 1.81 million units, including 790,000 overseas vehicles, while China Association of Automobile Manufacturers data put the group’s exports at 792,000 units, up 67.8%. Sales by Fangchengbao, Denza and Yangwang climbed 61% to 228,000 units. BYD said foreign-exchange losses weighed on profit, while core business profitability remained stable. Research and development spending reached 28.9 billion yuan ($4.3 billion), supporting battery, fast-charging, smart-driving and artificial-intelligence technologies. The company is also expanding into AI computing infrastructure, including servers, liquid cooling, high-voltage power supplies and high-speed interconnects. BYD said its new energy vehicle business now covers 121 countries and regions across six continents, but noted that currency, geopolitical and overseas demand risks will complicate its next phase of global expansion.