Chinese car manufacturer BYD has reached a milestone in the New Energy Vehicle (NEV) sector, with a total of 6 million vehicles produced since 2008.

In April 2022, BYD made a strategic transition by stopping production of all internal combustion engine (ICE) vehicles and focusing only on NEV models, including plug-in hybrid (PHEV) and electric vehicles (EVs).

BYD is proud to be the first car manufacturer in the world to achieve this milestone. However, it is important to note that this achievement is specific to the NEV lineup, as other manufacturers have produced larger quantities of electric vehicles in various categories. For example, Toyota announced the production of 15 million self-charging hybrid vehicles in 2020. Meanwhile, Tesla reached the milestone of 5 million purely electric vehicles in September 2023, with a target of 6 million vehicles by early 2024.

The 6 millionth vehicle from BYD is the Fang Cheng Bao Leopard 5, which was just rolled off the production line at the Zhengzhou factory. This plug-in hybrid SUV is slightly smaller than the Toyota Land Cruiser Prado and was first introduced in August last year.

Looking at BYD’s previous production milestones, it can be seen that NEV sales are increasing at an unprecedented pace. Specifically, BYD took 13 years to produce the first million NEVs, only 1 year for the second million, and just 6 months for the third million.

Since then, the Chinese car manufacturer has achieved an additional 2 million NEVs in the following 9 months. Finally, the milestone of 6 million vehicles was reached in just 3 months.

BYD currently has 9 PHEV and BEV production plants across China, located in Tay An, Te Nam, Trinh Chau, Thuong Chau, Tuong Duong, Hop Phi, Truong Sa, Phuc Chau, and Tham Quyen.

In addition to China – the largest consumer market for BYD, the company also exports vehicles to 57 countries worldwide. As part of its global expansion strategy, BYD plans to establish new plants outside of China, with locations including Thailand and Brazil. Notably, BYD recently introduced the Han sedan model in the United Arab Emirates and inaugurated a new flagship showroom in Dubai.

TT (Tuoitrethudo)

Reference: Carscoops

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