One of the biggest electrified vehicle maker BYD, celebrated the roll-off of its 10-millionth new energy vehicle (NEV) at the Xiaomo Production Base in the Shenzhen-Shanwei Special Cooperation Zone.
Achieving the milestone of 10 million NEVs is a testament to BYD’s steadfast commitment to sustainable development. The company is now the first automaker in the world to reach this groundbreaking figure.
Remarkably, BYD took 15 years to produce the first 5 million NEVs and achieved the next 5 million in just 15 months, demonstrating the company’s strategic focus on new energy vehicles and its continuous technological advancement.
The milestone coincides with BYD’s 30th anniversary, marking its evolution from a small startup to a major force in the automotive industry.
At the event, BYD’s Chairman and President, Mr. Wang Chuanfu, delivered a keynote address reflecting on the company’s remarkable transformation from a small startup with just 20 employees to a multinational corporation with nearly one million staff worldwide. Mr. Wang highlighted BYD’s dedication to technological innovation and its crucial role in shaping the future of mobility.
Looking to the future, Mr. Wang outlined BYD’s strategic roadmap and introduced the BYD Basic Guidelines—a comprehensive document that encapsulates the company’s foundational principles, historical experiences, and forward-looking strategies. This framework will guide BYD’s continued growth and innovation in the years ahead.
Looking ahead, BYD will invest 100 billion yuan (over 13 billion euros) in developing intelligent technologies that integrate artificial intelligence with automotive systems, driving comprehensive upgrades of its entire vehicle lineup.