After calling out the goal of “number one in the world,” BYD directly pointed to Toyota's “base camp” — the Japanese market. The leading product is the Sea Otter RACCO, a light electric vehicle that BYD Japan Branch opened for sale to authorized dealers at the end of July. “As of August 10, sea otters have ordered more than 1,000 units in the Japanese market.” On August 12, BYD revealed to the “Daily Economic News” reporter that by the end of 2026, the order target for sea otters is 10,000 vehicles. According to the global market research agency Research and Markets, Japan's NEV market will reach 1.99 billion US dollars in 2026 and 2.68 billion US dollars in 2030.

After calling out the goal of “number one in the world,” BYD directly pointed to Toyota's “base camp” — the Japanese market. The leading product is the Sea Otter RACCO, a light electric vehicle that BYD Japan Branch opened for sale to authorized dealers at the end of July. “As of August 10, sea otters have ordered more than 1,000 units in the Japanese market.” On August 12, BYD revealed to the “Daily Economic News” reporter that by the end of 2026, the order target for sea otters is 10,000 vehicles. According to the global market research agency Research and Markets, Japan's NEV market will reach 1.99 billion US dollars in 2026 and 2.68 billion US dollars in 2030.