On November 16, BYD ushered in the roll-off of its 3 millionth new energy vehicle.

At the event site, Wang Chuanfu, chairman and president of BYD Co., Ltd., delivered BYD's 3 millionth new energy vehicle to Ms. Wang Shuang, the Asian soccer player.

  Behind the figure of 3 million is BYD's 27-year persistence.

According to public information, it took BYD 13 years to go from "the first new energy vehicle to the millionth new energy vehicle", one year to go from "1 million to 2 million", and only half a year to go from "2 million to 3 million".

  How did BYD achieve such a large-scale growth of new energy vehicles?

BYD's 3 millionth new energy vehicle rolled off the production line

Break the boat and sink the boat - comprehensive transformation of new energy

  In the first half of this year, BYD took the lead in stopping the production of fuel vehicles, which caused an uproar in the industry.

  As the first vehicle manufacturer to "eat crabs", BYD has also reaped a lot.

According to data from the China Association of Automobile Manufacturers, in the first half of 2022, BYD's new energy vehicle market share reached 24.7%, nearly a quarter, an increase of more than 7.5 percentage points from 2021.

  According to the data released by BYD, from January to October this year, BYD's new energy vehicle sales totaled 1.39 million, a year-on-year increase of 240%, ranking first in the world and creating China's trump card with global competitiveness.

  "The roll-off of the 3 millionth new energy vehicle is an important milestone in BYD's development." In Wang Chuanfu's view, such achievement is inseparable from the support of car owners. , evolved into today's 'mass trend'."

BYD will use subversive technology and products to build a brand to look up to

Core research - helping to achieve double carbon goals

  Research data show that batteries account for more than 30% of the cost of new energy vehicles.

As one of the core components of new energy vehicles, batteries also have the characteristics of high technical barriers and difficult research and development.

  According to the latest data released by the research institution SNE Research, Chinese power battery companies account for 60% of the top ten companies with installed power battery capacity in the world.

From January to September this year, BYD ranked third in the world in installed capacity of power batteries, with a market share of 12.8%.

  As one of the few car companies in China that has mastered battery manufacturing, BYD adheres to the lithium iron phosphate battery route of raw material safety and product safety, and has successively launched the industry's top technologies such as blade batteries and CTB battery body integration.

  In addition, technologies such as DM-i super hybrid, DM-p king hybrid, and e-platform 3.0 have also played an active role in promoting the transformation of the global new energy vehicle industry and achieving leapfrog development.

  In addition, according to Wang Chuanfu, BYD will use subversive technologies and products to build a brand new million-level high-end brand - Yangwang, which will officially release its first model in the first quarter of 2023.

A highly professional and personalized new brand will also be launched in 2023 to meet the increasingly prominent individual needs of consumers.

BYD will further develop the global market and promote the internationalization of the passenger car industry

Going Abroad——Global Vision Layout

  At present, the footprint of BYD's pure electric buses covers more than 400 cities in more than 70 countries and regions around the world, providing locals with high-quality green travel options.

  Relying on the solid foundation laid by the internationalization of bus, photovoltaic, energy storage and other businesses, BYD will further develop the global market and promote the internationalization of the passenger vehicle industry.

  According to BYD's recent disclosure of investor relations activity records, the company has deployed overseas business and has successively entered the passenger car markets of Japan, Germany, France, the United Kingdom, the Netherlands, India, Australia, Colombia, Brazil, Singapore, Costa Rica, and Thailand.

  Among them, the Yuan Plus (right-hand drive version) model has been pre-ordered in Thailand since the beginning of October, and the "reservation wave" ushered in that day. The price of Yuan Plus in Thailand is 1.199 million baht, equivalent to about 226,000 yuan.

In October, Yuan PLUS was unveiled in Colombia, which is another Latin American country after the model entered the markets of Costa Rica, Uruguay and Dominican Republic.

  The rapid development of BYD in overseas markets is the best footnote of China's transformation from a "big auto country" to a "powerful auto country", and it is also the best witness to accelerate the realization of global green travel.