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BYD, a leading global manufacturer of new energy vehicles (NEVs) and power batteries, celebrated the roll-off of its 10-millionth NEV at the Xiaomo Production Base in the Shenzhen-Shanwei Special Cooperation Zone. The milestone coincides with BYD’s 30th anniversary, marking its evolution from a small startup to a major force in the automotive industry. The achievement underscores BYD’s commitment to sustainable transportation and its ongoing technological innovation.
Key Highlights:
- BYD is the first automaker to achieve the 10-million NEV milestone.
- The second 5 million vehicles were produced in just 15 months, a rapid growth compared to the first 5 million.
- The 10-millionth vehicle, a DENZA Z9, was presented to Mr. Feng Ji, CEO of Game Science.
- BYD announced a strategic plan to invest 100 billion yuan in intelligent technologies, including artificial intelligence.
- A new framework, the BYD Basic Guidelines, was introduced to guide future growth and innovation.
At the event, BYD’s Chairman and President, Mr. Wang Chuanfu, delivered a keynote address reflecting on the company’s evolution from a small startup to a multinational corporation with nearly one million employees worldwide. He emphasized the role of technological innovation and BYD’s impact on the future of mobility.
BYD’s journey to the 10 million NEV milestone reflects its strategic focus on sustainable development. It took 15 years to produce the first 5 million NEVs, whereas the next 5 million were achieved in just 15 months. This acceleration is indicative of BYD’s relentless pursuit of new energy solutions and continuous technological advancements.
The 10-millionth vehicle, a DENZA Z9, was ceremonially presented to Mr. Feng Ji, Founder and CEO of Game Science, who is best known for his work on the game Black Myth: Wukong. During the ceremony, Mr. Wang attributed BYD’s success to its technological capabilities and the strong engineering culture embedded within the organization. He noted, “The soul of BYD’s engineers is the soul of our company.”
To further explore BYD’s unique culture, financial journalist Qin Shuo conducted interviews with almost 100 mid-to-senior level executives and employees at BYD. These insights were compiled into a book titled The Soul of Engineers, offering an in-depth look at the company’s engineering-driven ethos.
Looking forward, BYD plans to invest 100 billion yuan in developing intelligent technologies, focusing on integrating artificial intelligence into automotive systems. This initiative aims to drive comprehensive upgrades across its vehicle lineup, helping BYD maintain a competitive edge in the global market and meet consumer demands for advanced, sustainable mobility solutions.
Mr. Wang also outlined the company’s BYD Basic Guidelines, a framework that encapsulates BYD’s foundational principles, past experiences, and future strategies. This guide will serve as a roadmap for continued growth and innovation, ensuring that BYD remains at the forefront of technological advancement.
With a steadfast focus on the engineering spirit and a commitment to sustainable development, BYD is positioning itself to strengthen its standing as a world-class high-tech enterprise, delivering on the aspirations of millions seeking better, greener lifestyles.
About BYD
BYD is a multinational high-tech company committed to leveraging technological innovations for a better life. Established in 1995, BYD began as a rechargeable battery manufacturer and has since expanded its scope to include automobiles, rail transit, new energy, and electronics. BYD is dedicated to providing zero-emission energy solutions across 6 continents, over 70 countries, and more than 400 cities, reducing global reliance on fossil fuels. The company is listed on the Hong Kong and Shenzhen Stock Exchanges and is recognized as a Fortune Global 500 enterprise.
About BYD Auto
BYD Auto, founded in 2003, is the automotive arm of BYD, focusing on accelerating the green transition of the global transportation sector. It has developed a range of core technologies, including the Blade Battery, DM-i Super Hybrid Technology, e Platform 3.0, and the BYD DiSus Intelligent Body Control System. BYD Auto became the world’s first automaker to cease production of fossil-fueled vehicles, maintaining leadership in new energy passenger vehicle sales in China for the past decade.
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