BYD Global New Energy Vehicle Production Surpasses 7 Million Units

2024/03/25
NEV, Market Data
BYD
Malaysia
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
BYD Ocean Network First MPV Spied; More Traditional MPV Style, Launch by Year-End
Spy shots reveal BYD's first MPV for the Ocean Network, caught charging at a BYD ultra-fast charger. The front light signature clearly shows Ocean Network design language, though the overall profile differs significantly from the Ocean-V concept shown at the 2026 Beijing Auto Show, leaning toward a more traditional MPV style. Equipment includes a large grille, conventional door handles and a roof-mounted LiDAR. The Ocean-V concept was a five-seat MPV featuring a sliding center screen, 180-degree rotating seats, auto-retracting steering wheel, front-row screen extension, hidden tables and one-key bed mode – whether these carry over to the production model remains to be seen. Expected launch by year-end.
BYD Increases Investment in Brazilian EV Factory to BRL 5.5 Billion
BYD has announced an increase in investment for its Brazilian EV factory from BRL 3 billion to BRL 5.5 billion. The facility, located in the Salvador metropolitan area of Bahia state, is set to have an initial production capacity of 150,000 units annually, manufacturing both electric and hybrid vehicles. Expected to commence operations within the year, BYD's commitment also includes the construction of five residential buildings for 4,230 employees, highlighting the company's long-term dedication and support for sustainable development in Brazil.
2026 AVATR 06 Launched – from 219,900 Yuan, Extended-Range and Pure EV
The 2026 AVATR 06 launches with extended-range and pure EV variants priced at 219,900-229,900 yuan, or 205,900-215,900 yuan after cash benefits. Limited-time benefits worth up to 58,000 yuan include financing, premium services and lifetime battery warranty for first owners. Futuristic aesthetic design with floating roof, frameless fastback and intelligent front doors. Dimensions 4,855×1,960×1,450mm with 2,940mm wheelbase. Interior features a 35.4-inch 4K panoramic star-ring screen, 15.6-inch center display, dual 6.7-inch rear screens, dual zero-gravity seats, Meridian audio and NAPPA leather. Huawei Qiankun ADS 5 with 4D mmWave radar. Extended-range uses a 1.5L range extender + single motor with 31.7/45.06kWh batteries delivering 230/330km CLTC pure EV range and 1,190/1,250km combined. Pure EV offers single/dual motors with 72.88kWh battery achieving 650/600km CLTC range.
4
All-New BYD Seagull Launching Oct 20; LiDAR, 150mm Longer Wheelbase
The all-new BYD Seagull launches October 20 with blind bookings open, featuring size upgrades and high-level intelligent driving including LiDAR. The exterior adopts a new design language with 6 color options, closed grille with sharp lines and polygonal lights, roof-mounted LiDAR, semi-flush door handles, gloss black wheels and hidden BCD pillars. The rear features a new taillight cluster and aggressive diffuser. Dimensions are 4,205×1,810×1,570mm with a 2,650mm wheelbase – 425mm longer body and 150mm longer wheelbase. Interior removes the instrument cluster but retains physical buttons, adding a larger center screen, wireless charging and massive center storage, with a simpler two-spoke steering wheel. Pure EV with TZ164XYB permanent magnet motor (95kW, produced by Zhengzhou BYD) and LFP battery (produced by Shaoxing Fudi).
5
2027 Proton S70 MC2 Turbo Facelift Leaked – Geely Emgrand Update Shows New Looks
This could be what the 2027 Proton S70 MC2 turbo facelift looks like. Geely released official images of the updated fourth-generation Emgrand in China with extensive visual changes: new eight-point grille, redesigned front bumper with full-width bone-shaped insert and downturned centre air intake. The rear bumper is reprofiled with integrated reflectors, chrome strip and diffuser-like fins. It rides on the same 17-inch multi-spoke alloys from the first MC update. The interior gains a larger infotainment screen with relocated air vents and switches, plus a new tan colour scheme. Powertrains likely include the 120PS/150Nm 1.5L naturally-aspirated BHE15-CFN with CVT or 5MT, and the 181PS/290Nm turbo with 7-speed DCT. Expected launch is late this year, joining Proton's busy schedule including the new Saga Cross/X30.
6
Geely Holding Group Statement: Supports China-EU Auto Trade Consensus
Zhejiang Geely Holding Group issued a statement welcoming and supporting the positive outcomes from the second meeting of the China-EU trade and investment consultation mechanism. Geely supports the three basic principles of respecting facts, non-discrimination and compliance confirmed for hybrid vehicle trade, viewing the consensus as grounded in trade realities, mutual benefit and addressing legitimate industrial concerns. The statement emphasizes that a stable, predictable and sustainable trade and investment environment is crucial for long-term business operations, expressing hope for steady implementation. Geely will continue open cooperation, compliant operations, technological innovation and quality products, actively expanding exchanges with European industrial partners to jointly maintain stable automotive supply chains and promote green development.
Copyright © RUNTO TECH LIMITED. All rights reserved.