BYD Global New Energy Vehicle Production Surpasses 7 Million Units

2024/03/25
NEV, Market Data
BYD
China
BYD, a world leader in the manufacturing of new energy vehicles and batteries, reached a historic milestone on March 25th by producing its 7 millionth new energy vehicle. The iconic DENZA N7 model was unveiled at the factory in Jinan, China, marking a significant achievement in the brand's innovative journey. Since producing its first new energy vehicle in May 2021, BYD has experienced exponential growth, tripling its production in just 18 months and surpassing 5 million units in a record additional 9 months. In 2023, BYD's cumulative annual sales of new energy vehicles reached 3.02 million units, solidifying its position as the global leader in this sector. Committed to the international market, BYD rapidly expanded its global presence in 2023, with new energy vehicle sales abroad exceeding 240,000 units, representing a year-on-year growth of 337%. This achievement positioned BYD as the leading exporter of new energy vehicles from China in 2023. To date, BYD's new energy vehicles have been introduced to 64 countries and regions worldwide, supported by strategic investments in manufacturing facilities in Thailand, Brazil, Uzbekistan, and Hungary. Additionally, this year, BYD has been named the official partner of the UEFA Euro 2024™, providing a global platform to showcase its new energy vehicles. Looking ahead, BYD is committed to expanding and deepening its localization strategies in products, technologies, and brand presence in international markets, continuing to lead the global automotive industry towards a more sustainable era.
Click original text link for more information
BYD
Hot News
GAC-Huawei Joint Venture Qijing Teases First Shooting Brake Coupe; April Debut Confirmed
Qijing has unveiled teaser images of its first shooting brake coupe, developed jointly by GAC and Huawei. The vehicle features Huawei's Qiankun ADS Level 3 conditional autonomous driving architecture with roof-mounted LiDAR, a low-slung aerodynamic silhouette, and semi-flush door handles. Equipped with an exclusive marque identity, the smart EV shooting brake is scheduled for debut in April with market launch following in June, targeting the premium intelligent coupe segment.
BMW Explores Larger Flagship SUV Above X7 to Challenge Cadillac Escalade in Full-Size Segment
BMW is evaluating a larger flagship SUV above the X7 to compete against American full-size rivals like the Cadillac Escalade. With the current X7 measuring 5,151 mm long with a 3,105 mm wheelbase, it trails the Escalade ESV by 615 mm in length and offers less than half the cargo capacity. The National Dealer Forum suggests utilizing the Alpina brand or iX9 trademark to penetrate the F-segment luxury SUV market.
Toyota Teases New US SUV Launch; Likely Fifth-Generation Highlander EV to Rival Kia EV9
Toyota has teased a new US-market SUV believed to be the fifth-generation Highlander, potentially transitioning to full electrification on the e-TNGA architecture. The teaser image reveals a boxy silhouette, pronounced fenders and full-width LED taillights echoing the 2021 bZ Large SUV concept. The three-row battery-electric vehicle is expected to compete against the Kia EV9 and Hyundai Ioniq 9, with the existing Grand Highlander continuing to serve internal combustion customers.
4
Cadillac CT5-V Blackwing Limited Edition Unveiled with Deep Ocean Package; Global Run Limited to 200 Units
Cadillac has officially released images of the CT5-V Blackwing Limited Edition featuring the Deep Ocean Package, priced at $27,000 (approximately RMB 188,000) with global production capped at 200 units. The vehicle features exclusive Deep Ocean Tintcoat paint, 19-inch forged wheels, carbon fiber exterior accents, and semi-aniline leather bucket seats. The powertrain remains a 6.2L supercharged V8 producing 677 horsepower, paired with either a 6-speed manual or 10-speed automatic transmission.
5
MINI Countryman EV Range Extended with Silicon Carbide Inverter and Enhanced Battery Technology
The updated MINI Countryman EV features a silicon carbide inverter and increased net battery capacity to 65.2 kWh, boosting WLTP range to 501 km for the E variant and 467 km for the SE All4. Enhanced front wheel bearing friction reduction contributes to efficiency gains. The SE All4 delivers 313 PS and 494 Nm, accelerating from 0-100 km/h in 5.6 seconds, with 130 kW DC charging capability retained.
6
Updated BMW M2 G87 Launches in Malaysia with M Performance Parts from RM656,800
The updated second-generation BMW M2 (G87) has officially launched in the Malaysian market. The coupe features optional M Performance carbon fibre exterior components and a titanium exhaust system. Power comes from the S58 3.0-litre twin-turbo inline-six engine producing 480 PS and 600 Nm, paired with an eight-speed M Steptronic transmission and M Sport differential. Standard equipment includes an M Carbon roof, M Sport seats, and a curved display combining a 12.3-inch instrument cluster with a 14.9-inch infotainment touchscreen. Pricing starts at RM656,800 with a standard two-year warranty.
Copyright © RUNTO TECH LIMITED. All rights reserved.