BYD marked a groundbreaking achievement by rolling out its 6 millionth NEV from the assembly line, solidifying its position as the world’s first automaker to attain this remarkable milestone. The company, committed to spearheading global automotive industry transformation through technological innovation, aims to collaborate with partners in advancing the adoption of NEVs.
The historic 6 millionth NEV produced by BYD is the Bao 5, representing the inaugural model under the Fangchengbao personalized brand, with its initial delivery taking place recently. This accomplishment comes just over three months after BYD celebrated its 5 millionth NEV, the N7 SUV from its sub-brand Denza, underlining the rapid pace of the company’s NEV production.
BYD reaches a remarkable milestone with the production of 6 millionth NEV, the BAO 5, a Super Hybrid Hardcore SUV under BYDâs professional personalized sub-brand FANGCHENGBAO, at our Zhengzhou factory.
This achievement underscores our unwavering commitment to spearheading the⊠pic.twitter.com/KaqJjm4ulr
— BYD Global (@BYDGlobal) November 24, 2023
BYD made a strategic shift in March 2022, discontinuing the production and sale of vehicles exclusively powered by internal combustion engines. The focus transitioned to NEVs, encompassing battery electric vehicles (BEVs) and plug-in hybrid vehicles (PHEVs).
The timeline of BYD’s NEV production highlights a noteworthy trajectory. It took the company 13 years to achieve its first million units, followed by an acceleration in production rates. The interval between the 2 millionth and 3 millionth NEV was a mere six months.
October 2023 witnessed BYD reaching a record-breaking milestone by selling 301,833 NEVs, surpassing the 300,000-unit mark for the first time. This achievement marked the sixth consecutive month of record-high sales. From January to October, BYD reported a year-on-year increase of 70.36%, with 2,381,471 NEVs sold.
In addition to its domestic success, BYD is making strides in international markets, having sold 176,041 vehicles overseas in the first ten months of the year, including 30,521 in October alone. BYD’s NEVs have penetrated 58 overseas markets, including prominent countries such as Germany, Japan, France, Brazil, Australia, and the United Arab Emirates, with overseas sales surpassing 200,000 units.
As BYD continues its global expansion and innovation in NEV technology, the company remains at the forefront of shaping the future of sustainable transportation.
