BYD marks 30 years with the 10 millionth NEV roll-off.
BYD celebrated a groundbreaking achievement on November 18, 2024, at its Xiaomo Production Base in Shenzhen-Shanwei, China. The company rolled off its 10-millionth NEV, a DENZA Z9, during its 30th-anniversary celebrations, cementing its position as a pioneer in sustainable transportation.
This milestone not only underscores BYD’s commitment to technological innovation but also highlights its rapid growth trajectory. From taking 15 years to produce its first 5 million NEVs to achieving the next 5 million in just 15 months, BYD’s success story is a testament to its strategic focus on revolutionizing mobility.
The Soul of BYD’s Success
At the commemorative event, BYD Chairman and President Wang Chuanfu reflected on the company’s transformation from a small startup in 1995 to a global corporation with nearly one million employees. He credited BYD’s accomplishments to its bold vision, relentless innovation, and a deeply ingrained engineering culture.
“The soul of BYD’s engineers is the soul of our company,” Mr. Wang emphasized, underscoring the importance of technological excellence in driving the company’s achievements. This philosophy is detailed in The Soul of Engineers, a book by financial journalist Qin Shuo, featuring insights from BYD’s executives and employees.
A Visionary Future
Looking ahead, BYD is set to invest 100 billion yuan in developing intelligent technologies that integrate artificial intelligence with automotive systems. This initiative aims to enhance its vehicle lineup and maintain its competitive edge in the global market.
BYD’s Basic Guidelines, a newly unveiled strategic framework, will further guide the company’s growth. These principles combine the lessons of its past with forward-looking strategies, ensuring sustainable development and a continued focus on delivering zero-emission energy solutions.
The Global Impact of BYD
Since its inception, BYD has expanded its footprint to six continents, over 70 countries, and more than 400 cities. With a focus on pure electric and plug-in hybrid vehicles, the company remains at the forefront of the green transition in the global transportation sector. Notable innovations such as the Blade Battery, DM-i Super Hybrid Technology, and e⁴ Platform demonstrate BYD’s capability in mastering the entire industrial chain of NEVs.
The Road Ahead
BYD’s 10-millionth NEV milestone is not just a number; it represents a commitment to shaping a greener future. With continuous investments in advanced technologies and a strong engineering ethos, BYD is well-positioned to lead the next chapter of sustainable mobility.
