BYDDY has formalized a new five-year Memorandum of Understanding with ExxonMobil to deepen collaboration on hybrid electric vehicle innovation. The agreement expands joint R&D efforts from two to five dedicated technical centers worldwide, commits to co-developing at least 50 battery management and fuel-integration projects, and establishes a shared working group on industry standards that will meet quarterly. Both parties will also integrate global supply-chain support, leveraging ExxonMobil’s logistics network across 30 countries to streamline component delivery and reduce lead times by an estimated 15%.

In December, BYDDY sold 27,678 vehicles in Europe, marking a 229.7% increase compared with 8,395 units a year earlier. Year-to-date sales reached 187,657 vehicles, up 268.6% from 50,912 units in the prior period, propelling BYDDY past all rivals to become the world’s largest electric-vehicle maker. This surge contributed to Chinese brands capturing a record 12.8% share of the European auto market. The strong overseas performance contrasts with BYDDY’s home market, where December deliveries amounted to 420,398 units, an 18.34% decline year-on-year.

Building on its recent sales momentum, BYDDY has announced a goal to deliver approximately 1.3 million vehicles outside China in the current calendar year, up from 187,657 units sold abroad in 2025. Analysts have revised their outlook on BYDDY, citing its strengthened partnership with ExxonMobil, record European growth and production capacity expansions in Thailand and Hungary. The automaker aims to increase overseas production capacity by 40%, bringing total capacity to 1.8 million units annually by year-end, which industry observers say could support further share gains in North America and Southeast Asia.