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Market Analysis
February 10, 2026
4 min read

BYD Achieves Over 5,000 Electric Vehicle Sales in Vietnam

Chinese automaker hits this sales milestone in its first full year of operations in the Vietnamese market.

Sarah Chen
Sarah Chen
Senior Automotive Journalist with 10+ years covering the Chinese EV market
BYD Achieves Over 5,000 Electric Vehicle Sales in Vietnam

BYD Hits Sales Milestone in Vietnam’s Growing EV Market

HANOI, Vietnam — February 10, 2026 — Chinese electric vehicle maker BYD Auto has surpassed 5,000 total vehicle sales in Vietnam, a notable achievement for the brand’s rapid growth in the Southeast Asian nation. This milestone comes less than two years after BYD began selling vehicles in Vietnam, reflecting rising local demand for electrified mobility options.

The figure includes BYD deliveries since the company’s market entry in mid-2024 and a robust sales performance throughout 2025, its first full calendar year of operations in the country.

Sales Breakdown and Model Lineup

BYD first launched in Vietnam in June 2024, introducing three initial models — the Dolphin compact EV, the Seal sedan, and the Atto 3 crossover. Since then, the brand has expanded its repertoire to a nine-model lineup, encompassing vehicles that appeal to a broad spectrum of Vietnamese car buyers.

In detail:

  • 2024 deliveries: Early market launch with initial units sold after introduction.
  • 2025 deliveries: Strong growth, with approximately 3,718 units delivered, contributing the majority of the cumulative total.
  • Cumulative total: Over 5,000 vehicles sold through coordinated dealer and service network efforts across major Vietnamese cities.

Local Market Confidence

Surpassing 5,000 cumulative vehicle sales in Vietnam within our first full year underscores the growing acceptance of new energy vehicles here and validates our product and service strategy.

Binh Tran, Regional Director for BYD Southeast Asia

This quote reflects BYD’s emphasis on both product competitiveness and customer service experience in expanding markets.

Partnerships and Infrastructure Progress

Beyond sales figures, BYD is also moving forward with industrial partnerships that support localized EV ecosystem development. In early 2026, local automotive firm Kim Long Motor announced plans to build a new EV battery plant in collaboration with BYD.

The planned facility — valued at approximately $130 million — is expected to roll out production in two phases:

  • Phase I: Targeting an initial capacity of 3 GWh annually to serve commercial EV applications.
  • Phase II: Expanding to 6 GWh yearly as demand grows.

This investment signals a broader push toward localized production elements in Vietnam’s EV value chain, complementing BYD’s vehicle sales growth and contributing to regional industrial development.

Why Vietnam Is Strategic

Vietnam has emerged as an important market for electrified vehicles in Southeast Asia, due to factors including:

  • Growing consumer interest driven by broader awareness of sustainable transport.
  • Expanding charging infrastructure supported by both public and private initiatives.
  • Government incentives that promote new energy vehicles and related industries.

Industry observers note that Chinese EV brands like BYD have gained traction in Vietnam by offering a compelling combination of affordability, varied model choices, and extensive after-sales support.

Key Highlights

  • BYD has surpassed 5,000 cumulative vehicle sales in Vietnam since mid-2024.
  • 2025 deliveries reached approximately 3,718 units, driving most of the total.
  • The brand now has a nine-model lineup in the Vietnamese market.
  • Plans are underway for a $130 million battery plant project with local partner Kim Long Motor.
  • Vietnam’s EV market is growing, supported by infrastructure, incentives, and rising consumer interest.

Source: https://www.moomoo.com/hans/news/post/65364029/byd-surpasses-5000-vehicles-sold-in-vietnam?level=2&data_ticket=1768407021638950

Tags:
BYD
Vietnam

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BYD logo

BYD

BYD Company Limited

Shenzhen, Guangdong, China · Founded 1995

BYD Company Limited is a Chinese multinational manufacturing company headquartered in Shenzhen, Guangdong, China. Originally founded as a rechargeable battery manufacturer, BYD has grown to become the world's largest electric vehicle manufacturer and a leader in renewable energy solutions.

BYD logo

BYD

by BYD

BYD is a pioneering Chinese automotive brand under BYD Company Limited, symbolizing innovation and sustainability in mobility. Since entering the automobile industry in 2003, BYD has transformed from a newcomer into a global leader in new energy vehicles. Its brand philosophy — Build Your Dreams — reflects a commitment to making electric mobility accessible and inspiring a cleaner future.

Models

Dolphin

Dolphin

Hatchback · 418 km range

Atto 3

Atto 3

SUV · 430 km range

Seal

Seal

Sedan · 450 km range

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