Carmaker says sales volume this year will be limited by battery production, which it is expanding by 20,000 to 30,000 units per month.

BYD expects China's competitive electric vehicle market to continue growing, even as manufacturers and analysts anticipate domestic demand to taper further.

BYD's Stella Li says China will push to 80% EV penetration, as gas car sales plunge 39% and the Pentagon adds the automaker to its 1260H military list.