Industry dynamics

BYD's 7 millionth NEV rolls off production line

Publishtime:1970-01-01 08:00:00 Views:32
A view of Chinese carmaker BYD's assembly line of new energy vehicles in Zhengzhou, Henan province. XINHUA

SHENZHEN - The 7 millionth new energy vehicle (NEV) produced by BYD, China's leading NEV manufacturer, rolled off the production line on Monday in Jinan, East China's Shandong province.

The car was the Denza N7 model, and BYD has since become the world's first automaker to reach such a large NEV production output scale, the company said.

BYD's sales of pure electric passenger cars surpassed those of Tesla in the fourth quarter of 2023, ranking first globally for the first time. BYD also reported annual NEV sales of more than 3.02 million units last year, maintaining its lead in the global NEV market.

BYD has sold NEVs to 78 countries and regions around the world and built overseas factories in countries including Brazil, Hungary and Thailand, according to the company.