US Treasury Secretary Singles Out BYD for High Praise: BYD Wins Global Recognition with Product Strength

Recently, US Treasury Secretary Scott Bessent publicly evaluated BYD in a speech at the Charlotte Economic Club, stating it is "the best car worth $70,000 that a consumer can buy for $35,000." This straightforward statement from a Western political figure quickly went viral globally, serving as a vivid example of Chinese new energy vehicles breaking through the global market with solid strength, and also confirming BYD's developmental foundation of winning global recognition with product strength.

Consumer-friendly pricing delivers high-end product experience

The core of Bessent's evaluation is that the actual value of BYD's products far exceeds the pricing. A selling price of $35,000 corresponds to a $70,000-level experience; this "cross-level value perception" is the core code that moves global consumers.

For a long time, the global car pricing system has been bound to the brand premium of traditional luxury brands; consumers often pay extra costs for brand labels, but the actual experience may not match. BYD, relying on the cost and technical advantages of whole industry chain independent research and development, broke through this outdated logic, downgraded high-end configurations and cross-level experiences to consumer-friendly prices, allowing ordinary consumers to enjoy the quality and functions of high-end models. This experience of getting more for money is a general consensus among global users and is also the realistic foundation for Bessent's judgment.

Technical strength wins official recognition from multiple countries

Bessent's evaluation is not an isolated example; BYD's technology and industrial value have long gained recognition and endorsement from political figures and industry celebrities in many countries worldwide.

California Governor Newsom personally experienced the Yangwang U8, praising it as a breakthrough technology spanning an era; Uzbekistan President presented BYD with a national-level "Medal of Friendship", recognizing its industrial contribution; Brazilian President Lula, Thai Prime Minister Anutin and other high-level officials from multiple countries also liked BYD's technological innovation, green transformation, and localized development results. Positive official evaluations from different countries outline BYD's global influence and also confirm that its product strength has broken regional boundaries, becoming a Chinese smart manufacturing name card recognized globally.

Reconstructing the global car value evaluation system

Bessent's comments triggered heated discussion on the US internet; many netizens directly said "Bessent is BYD's best salesman", looking forward to BYD entering the US market.

Positive feedback from the public marks that the global car value logic is being rewritten by BYD. In the past, the perception of car quality was mostly defined by brand history and circle premium, with technology and experience relegated to secondary. BYD has brought consumer evaluation standards back to core technology, true configurations, and actual experience; consumers do not need to pay for brand premiums to obtain better intelligent experiences and reliable three-electric technology. BYD is reconstructing the global automotive industry value chain through continuous technology iteration and grasping industry discourse power in the new energy era.

Overseas markets continue exponential growth

Reputation accumulation finally translates into impressive market results; BYD's overseas sales show exponential growth.

Data shows that from January to August 2026, BYD's overseas cumulative sales reached 1.158 million units, exceeding the 1.0496 million units sold in the full year of 2025; single-month sales in August were 189,000 units, a year-on-year increase of 134.6%, breaking the overseas sales record for the fifth consecutive month. In multiple countries such as Thailand, Singapore, Italy, and Brazil, BYD has topped the local new energy sales list, with models like Yuan UP, Dolphin Family, etc., becoming market mainstays. This achievement is definitely not relying solely on price advantages, but hard-core results of whole industry chain independent research and development. BYD has achieved complete independence and controllability of three-electric technology, sticking to quality through technology iteration and refined manufacturing, reshaping industry value logic.

Hard-core product strength stands on the global big stage

From Western political figures giving specific high praise to leading sales in multiple countries globally, BYD's overseas journey has always adhered to technology as the foundation and products as the core.

It insists on compliant deep diving into the overseas market, not relying on low-price dumping and capital expansion, but gaining global user trust and market respect with real product experiences and full-chain technology independence. In the wave of global automotive new energy transformation, BYD is not only a core name card for Chinese smart manufacturing going global but also redefining the value standards for global new energy vehicles, proving with strength: good products have no market boundaries, and substantial product strength will ultimately win a broader global stage.