2023-08-11 12:03:46
BYD, the Chinese car manufacturer and specialist in 100% electric cars and one of the world’s largest manufacturers of new energy vehicles, has put its 5 millionth new energy vehicle (NEV) into circulation, a DENZA N7 that rolled off the production lines on August 9.
This makes it the first car manufacturer in the world to reach this milestone.
“Today is a historic moment for BYD as we have witnessed the roll off of the production line of our 5 millionth new energy vehicle,” said Wang Chuanfu, the company’s President, at the ceremony held at the world headquarters. BYD to celebrate this historic moment.
“As we take advantage of this very special occasion, we would like to extend our sincere gratitude to our customers around the world for their confidence in our products, to our partners for joining us on this journey, and to each of our employees, whose hard work and dedication have made this milestone possible.
It took BYD 13 years to reach its first million NEVs, another 18 months to reach three million, and amazingly just 9 more months to reach the incredible five million mark. In 2022, BYD’s new energy vehicles experienced remarkable growth, with total sales exceeding 1.86 million units.
This trend continued in 2023, when the company achieved an impressive cumulative sales volume of 1.5 million units from January to July, including a remarkable 92,469 units sold abroad that exceeded the total foreign sales for the full year. 2022.
In July 2023, BYD’s global new energy vehicle sales soared to over 4.8 million cumulative units, becoming another proof of the company’s commitment to sustainable transportation solutions.
BYD began its global expansion in 2010, strategically introducing new-energy buses and taxis to electrify public transportation in cities. After a decade of efforts and development, BYD’s electric public transportation solutions are already operating in more than 400 cities in more than 70 countries.
Meanwhile, BYD’s new energy vehicles have made their mark in more than 54 countries, with BYD ATTO 3, the brand’s C-segment SUV, leading NEV sales in Thailand, Israel and Singapore for several months.
In July 2023, BYD announced its intention to build three new factories in Brazil, reinforcing its role as a driver of the sector.
Since its founding in 1995, BYD has always been at the forefront of technological advances. Innovations such as the Blade Battery, the DM-i Super Hybrid System, the e-Platform 3.0, Cell-to-Body (CTB) technology, the e4 Platform or the DiSus intelligent body control system have set new standards in the sector and have consolidated BYD’s position as a pioneer brand in the electric vehicle market.
In 2022, BYD invested more than 20 billion yuan (regarding 2.5 billion euros) in research and development, experiencing a remarkable year-on-year increase of 90.31%. As of July 2023, driven by a strong team of more than 90,000 R&D professionals, BYD has demonstrated its ability to innovate by applying for more than 40,000 patents globally, of which more than 28,000 have already been approved.
In addition, BYD has managed to climb to the 212th position in the 2023 edition of the prestigious Fortune Global 500 list, achieving a rise of 224 positions compared to last year, an achievement that makes it the fastest growing company with Chinese nationality in the whole list.
In the future, BYD, already leading the new energy revolution, will remain true to its philosophy of being environmentally friendly and offer innovative mobility experiences to more customers around the world, accelerating the transition to a greener future and contributing to his vision of Cooling the Earth by 1°C.
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