2023-08-14 09:08:34
A battery specialist since 1995, BYD founded its automotive division in 2003. It only took the brand thirteen years to produce 1 million “new energy” vehicles, in other words hybrid or electric. Eighteen months later, the Chinese manufacturer had already produced 3 million vehicles. Nine months later, that is today, the brand has passed the milestone of 5 million vehicles assembled for the entire world.
Better than Tesla
Yes, China is a huge market. But the progression in Europe is real and the figure of 5 million vehicles produced is the envy of many. Tesla, for example, has yet to assemble 2 million cars, although it is true that Elon Musk’s brand is even younger than BYD. Indeed, the first Tesla was only produced in 2008.
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#Insolent #growth #Chinese #manufacturer #BYD
