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
Mercedes-Benz Partners with Geely on New EV Platform, China R&D Center Leads Global Compact Vehicle Development for First Time
According to 36Kr, Mercedes-Benz is developing a new EV platform codenamed 'Phoenix' using Geely's GEEA 4.0 E/E architecture, scheduled for production around 2030 to replace the current MMA platform for next-generation entry-level models including the A-Class, B-Class, GLA, GLB, and CLA. This marks the first time in the luxury brand's history that new platform development occurs outside Germany, with its China R&D centre serving as the global headquarters for compact vehicle development while the German base focuses on mid-size and large vehicles. The GEEA 4.0 architecture supports both EV and non-EV applications, succeeding the GEEA 3.0 debuted in the Geely Galaxy E5 (Proton eMas 7 twin). The move reflects Mercedes-Benz's cost-reduction strategy through deepened Geely partnership, following similar collaborations announced by Volkswagen and Stellantis with Chinese brands.
Honda to End GM Fuel-Cell JV by Late 2026, Mass-Produce Next-Gen System in 2027
Honda will cease fuel-cell production at its Brownstown, Michigan JV plant with GM by end-2026 and dissolve the 2017-formed FCSM partnership. Leveraging joint achievements such as the 2024 plug-in CR-V e:FCEV, Honda will commercialise its next-generation self-developed fuel-cell system in 2027, positioning hydrogen as a new core business after 30-plus years of R&D.
Fifth-Gen Wuling Hongguang MINIEV to Launch Late March: Four-Door, Four-Seat Layout with Extended Wheelbase
SAIC-GM-Wuling has announced the fifth-generation Hongguang MINIEV will launch in late March. The new model adopts a four-door, four-seat configuration with significantly upgraded dimensions of 3268/1520/1575mm and a 2190mm wheelbase, substantially improving interior space. The exterior features a "Sweet Sugar Cube" design language with large circular headlights and connected chrome-trimmed taillights. Three new retro two-tone color options—Green Glaze, White Velvet, and Grey Cute—are offered. Enhanced cabin experience and comfort features further strengthen its competitiveness in the micro-EV segment.
4
Porsche Malaysia Reintroduces Limited-Run ICE Macan: 265PS Turbo Four, Priced at RM469,000
Responding to sustained local demand for internal combustion engines, Porsche Malaysia has reintroduced the previous-generation petrol-powered Macan in limited numbers, priced at RM469,000 on-the-road without insurance. The 2.0-litre inline-four turbocharged unit produces 265PS and 400Nm, paired with a seven-speed PDK dual-clutch transmission and all-wheel drive for a 0-100km/h time of 6.2 seconds. This final iteration of the 2022 facelift features standard PDLS LED headlights, Sport Design mirrors, GT Sport steering wheel, PASM active suspension, and the Sport Chrono Package, backed by a two-year factory warranty and complimentary maintenance.
5
Refreshed Stelato S9/S9T to Launch March 23: New Color Options, Huawei ADS 4.1 Autonomy System
Stelato has confirmed the refreshed S9/S9T will debut at Huawei's Spring Launch Event on March 23. The updated models introduce new Moon Velvet White and Star Rose Pink colorways alongside redesigned 20-inch wheels and an optional Black Edition package. The vehicles feature Huawei's Qiankun ADS 4.1 autonomous driving system with four LiDAR units and 36 high-precision sensors. Powertrain options include an 800V pure electric variant with over 800km range and an EREV version featuring Huawei's Snowy Owl intelligent range-extender system, delivering combined CLTC range exceeding 1,300km. The brand also plans to launch a rugged SUV and family MPV later this year.
6
WEY V9X Reveals Seven Color Options: Features Super Hi4 Hybrid Architecture and 800V High-Voltage Platform
WEY has officially unveiled seven color options for its flagship V9X model: Purple Palace Gold, Black Obsidian Gold, Wenyuan Black, Shadow Wall Grey, Moonlight Silver, Tianhua Green, and Dan Chen Purple. As the debut vehicle on the Guiyuan S platform, the V9X features a Super Hi4 hybrid architecture with a 2.0T engine and dedicated 4-speed hybrid transmission, paired with an 800V high-voltage architecture and 6C ultra-fast charging capability. The chassis incorporates large-angle rear-wheel steering and a closed dual-chamber air suspension. Measuring 5299/2025/1825mm with a 3150mm wheelbase, the design features a star-ring full-width light bar with flowing welcome effects, an illuminated logo inspired by Baoding's cultural landmarks, and distinctive oval-shaped tail lamps integrated with autonomous driving indicator lights.
Copyright © RUNTO TECH LIMITED. All rights reserved.