BYD's 5 millionth new energy vehicle officially rolled off the production line

On August 9, BYD's 5 millionth new energy vehicle officially rolled off the production line, becoming the first car company in the world to achieve this milestone. This is not only a new milestone for BYD, but also a witness to the good and upward development of Chinese brands. At the press conference, Wang Chuanfu, Chairman and President of BYD Co., Ltd., expressed his heartfelt gratitude to the 5 million new energy users, government departments, media friends, upstream and downstream partners, fellow traders and more than 600,000 employees. 

At the event, Wang Chuanfu delivered BYD's 5 millionth new energy vehicle, Denza N7, to Luo Zhenyu, the keynote speaker of the "Friends of Time" New Year's Eve speech and the founder of Get App. As the owner of Denza N7, Luo Zhenyu said that he was very honored to be the owner of BYD's 5 millionth new energy vehicle. BYD spent 20 years working on a proof question about new energy and Chinese automobiles. Do the right thing and wait for time's rewards. BYD's long-termism is the best interpretation of "friend of time".

Wang Chuanfu delivered BYD's 5 millionth new energy vehicle - Denza N7 to Luo Zhenyu

  As the earliest participant and promoter of the new energy vehicle industry, BYD has persisted on this path for 20 years before ushering in its current rapid development. Even though it was questioned and opposed by all walks of life at the beginning of building cars, BYD still firmly entered the "no man's land" of new energy vehicles and always adhered to technological innovation. As of now, BYD has 11 research institutes, more than 90,000 R&D personnel, and a total R&D investment of over 100 billion. It now submits an average of 19 patent applications every working day and obtains 15 patent authorizations. BYD has launched a series of disruptive technologies such as blade batteries, DM hybrid, CTB battery body integration, Yi Sifang, and Yunnan, building a technological moat and promoting continuous change in the new energy automobile industry.

BYD insists on using technological innovation to prove a problem

 The current development trend of the automobile industry fully confirms that "the development of new energy vehicles is the only way for my country to move from a big automobile country to a powerful automobile country." Under the wave of the new energy era, Chinese car people have used one milestone after another to push Chinese cars from catching up to surpassing, rewriting the history of "big but not strong". Today, China ranks first in the world in terms of exports of new energy vehicles. More than 60% of the world's new energy vehicles are produced and sold in China. China accounts for 70% of the world's new patent disclosures. Over 63% of the world's power batteries are supplied by China. . China has mastered the core technology of new energy vehicles and a complete industrial chain. The new energy vehicle industry is no longer "stuck" and has become a veritable new energy vehicle power.

China has become a new energy vehicle powerhouse

Wang Chuanfu said that the development trend of new energy is irreversible, and predicted that the penetration rate of new energy vehicles in the Chinese market will exceed 60% in 2025, and the market share of Chinese automobile brands will increase to 70%, achieving leapfrog development. At the same time, China has the foundation and strength to create world-class automobile brands, and the Chinese automobile industry will surely give birth to a number of respectable world-class brands.