BYD Celebrates 3 Millionth Electric Vehicle and Debuts A New Passenger Car Brand Matrix

SHENZHEN, China – On November 16, the roll-off production line ceremony of BYD’s 3 millionth electric vehicle was held at the company’s global headquarters. It was not only a symbolic milestone for BYD but also an important achievement for the development of new energy vehicles worldwide. While it took BYD 13 years to achieve the first one million EV landmark, just one year later, BYD accomplished the milestone from “one million to two million electric vehicles”. Now, just in 6 months, BYD reached the milestone of ” from two million to three million electric vehicles”. BYD has showcased a massive “acceleration” in the EV industry, facilitating the rapid change of global green mobility. At the ceremony, Mr. Wang Chuanfu, Chairman and President of BYD, expressed his sincere gratitude to customers, media friends, industry partners, peers, and employees.

At the event, Wang Chuanfu, Chairman and President of BYD, delivered the 3 millionth electric vehicle to Wang Shuang, a soccer player who was named Asian Football Confederation (AFC) Women’s Player of the Year in 2018. “It is a great honor to be the owner of BYD’s 3 millionth new energy vehicle”, said Wang Shuang, “I hope everyone can support sustainable mobility to help Cool the Earth by 1℃ and show our strength to the world.”

“Dealing with the industrial transformation and the ever-changing consumption trends in the future, BYD will continue to focus on scientific and technological innovation. In addition to that, BYD will keep on fulfilling people’s pursuit for a better life with leading technologies and diversified products”, said Wang Chuanfu.

He also stated that building on the existing “four-in-one” security system that guarantees the safety of battery’s raw materials, battery cells, battery packs, and vehicles, the company would introduce another pioneering technology to further improve the security system. “To reassure our customers about safety, we have made it a mission that we will carry to the end”, said Wang Chuanfu.

During the event, Wang Chuanfu announced that BYD would build a high-end brand targeting the luxury market, Yangwang, with disruptive technologies and products. Its upcoming model will launch in the first quarter of 2023, bringing users unprecedented high performance.

In addition, in 2023, the company will release a new brand grounded in highly professional and personalized identities, to meet the diversified demand of consumers. The brand will harness the co-creation with users and warmly welcome all the franchised dealerships to join BYD for its promotion.

In the future, BYD Auto will form a powerful brand matrix including BYD (Dynasty & Ocean), Denza, Yangwang, and another new brand that specializes in professional and personalized identities, covering family cars and luxury cars. With popularized and personalized design, BYD will constantly provide high-quality products that address customers’ ever-rising expectations.

Furthermore, BYD will adhere to its global strategy by further developing the global market and promoting the passenger vehicle industry globally. Currently, it has extended its electric vehicle footprint to over 400 cities across 70 countries and regions on 6 continents.

The roll-off of the 3 millionth EV is not only an important milestone in BYD’s history but also a vital landmark of witnessing the acceleration of global green mobility. In the future, the company will continue to cooperate with partners from various sectors to achieve high-quality development. Under this collaboration, BYD will also persist in facilitating the progress of the global electric vehicle industry and accelerating the transition of our mother planet to become a greener world.

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