Chinese automaker BYD celebrates important milestone

Chinese automaker BYD celebrated an important milestone when its 3 millionth new energy vehicle rolled off the assembly line this month.

It took BYD 13 years to achieve one million new energy vehicles, but just one year later, it reached the milestone of “1 million to 2 million new energy vehicles.” The next milestone, “2 to 3 million new energy vehicles,” was achieved within six month, the company said.

During a ceremony held at its corporate headquarters in Shenzhen, China, BYD Chairman and President Wang Chuanfu expressed his sincere gratitude to BYD’s customers, media partners, industry partners, colleagues and employees.

At the event, Wang delivered the 3 millionth new energy vehicle to soccer player Wang Shuang, who was the recipient of the Asian Football Confederation (AFC)’s 2018 Asian Female Player of the Year Award. 

During the event, Wang also announced that BYD will launch Yangwang, a high-end brand targeting the high-end market with disruptive technologies and products. Its upcoming model will be unveiled in the first quarter of 2023. BYD further revealed that it will launch a new brand in 2023.

As part of its global strategy, BYD will further penetrate the global car market. BYD has now expanded its reach to more than 400 cities in 70 countries and regions on six continents.

In particular, BYD’s new energy passenger vehicles have entered Norway, Germany, Japan, Thailand, Brazil and other markets around the world. In the future, BYD’s new energy passenger vehicles are expected to enter more markets and be manufactured and sold globally.