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BYD Achieves Historic 10 Millionth NEV Milestone

The Chinese automaker becomes the first to produce 10 million new energy vehicles, accelerating its global expansion.

Overview

  • BYD's production of its 10 millionth new energy vehicle marks a significant achievement in the global automotive industry.
  • The company has seen rapid growth, with October marking its fifth consecutive month of record-breaking NEV sales.
  • BYD is expanding internationally, opening new manufacturing plants in Thailand, Hungary, Brazil, Pakistan, Turkey, and Mexico.
  • In the first ten months of 2024, BYD sold over 3.25 million NEVs, a 36% increase from the previous year.
  • BYD is poised to surpass Volkswagen as China's top carmaker and is closing in on global leaders like Ford and Tesla.

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