BYD Strategic Investment in iCar Group

On September 11, 2025, BYD, a global leader in new energy vehicle manufacturing, announced the completion of a strategic investment in iCar Group. This investment aims to further expand BYD’s overseas sales network for new energy vehicles and strengthen the construction of its after-sales service system.

iCar Group is a company specializing in the sales and after-sales services of new energy vehicles, primarily focusing on the overseas sales and related after-sales services of BYD brand new energy vehicles. With its professional team and extensive market experience, iCar Group has established stable sales channels in multiple overseas markets, providing important support for BYD's internationalization strategy.

This strategic investment marks an important step in deepening the cooperation between BYD and iCar Group. Through this investment, BYD will further consolidate its position in overseas markets, enhance its brand influence, and provide global consumers with higher-quality new energy vehicle products and services. iCar Group will also leverage BYD's technological and brand advantages to further expand its business scale and improve its market competitiveness.