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BYD celebrates 30th anniversary with production of 10 millionth NEV

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BYD, the world’s leading manufacturer of new energy vehicles (NEVs) and power batteries, marked a historic moment in celebration of its 30th anniversary with the roll-off of its 10 millionth NEV at its Xiamen production base in Shenzhen-Shanwei Special Cooperation . Zone. This significant milestone underlines BYD’s unwavering commitment to sustainable transportation and solidifies its position as a global leader in the automotive industry.

At the event, Mr. Wang Chuanfu, Chairman and President of BYD, delivered a keynote speech, highlighting the company’s remarkable transformation from a small startup with only 20 employees to a multinational corporation with nearly one million employees worldwide. Mr. Wang highlighted BYD’s dedication to technological innovation and its important role in shaping the future of mobility.

Achieving the milestone of 10 million NEVs is a testament to BYD’s strong commitment to sustainable development. The company has now become the first automaker in the world to reach this unprecedented figure. Remarkably, BYD took 15 years to produce the first 5 million NEVs and achieved the next 5 million in just 15 months, demonstrating the company’s strategic focus on new energy vehicles and its continuous technological progress.

The 10 millionth vehicle, DENZA Z9, was presented to Mr. Feng Jie, Founder and CEO of Game Science and visionary of the critically acclaimed game Black Myth: Wukong.

Mr. Wang emphasized that BYD’s success is built on the foundation of bold vision, relentless execution and unwavering perseverance. He attributed the company’s achievements to its strong technical capabilities and deeply embedded engineering culture. “The soul of BYD’s engineers is the soul of our company,” he said.

To take an in-depth look at BYD’s culture, renowned Chinese financial journalist and author Qin Shuo conducted interviews with nearly 100 mid- to senior-level executives and employees. These insights are compiled in the book The Soul of Engineers.

Looking to the future, Mr. Wang outlined BYD’s strategic roadmap and introduced BYD Basic Guidelines – a comprehensive document that encapsulates the company’s fundamental principles, historical experiences and forward-looking strategies. This framework will guide BYD’s continued growth and innovation in the years to come.

Looking ahead, BYD will invest 100 billion yuan in developing intelligent technologies that will integrate artificial intelligence with automotive systems, leading to a comprehensive upgrade of its entire vehicle lineup. This commitment will ensure BYD remains at the forefront of technological advancements, maintaining a competitive edge in the global market while meeting people’s aspirations for a better life. With a strong focus on engineering spirit and dedication to sustainable development, BYD is poised to consolidate its position as a world-class high-tech enterprise.

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