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Express News | The Shenzhen Stock Exchange held its first service event for single champion enterprises in the manufacturing industry.
Tesla Rival BYD Enters Omani Market, Launches Five EV Models As Part Of Gulf Expansion: Report
BYD's Lian Yubo: It is expected that BYD's annual sales will reach 4.25 million vehicles.
Gelonghui, December 13 | According to Yicai, BYD's chief scientist, Lian Yubo, stated: “As of now, BYD's cumulative sales of New energy Fund vehicles have exceeded 10 million units. By the end of this month, we expect to achieve an annual sales volume of 4.25 million units.” He also mentioned: “There are still some challenges in industry development, such as the overall risk resistance capability of our Industry Chain needs to be improved, and there are still breakthroughs needed in areas such as chips, operating technologies, industrial Software, and core materials, requiring us to strengthen our efforts to achieve complete autonomy and control.”
Express News | BYD's chief scientist, Lian Yubo: It is expected that BYD's annual sales will be 4.25 million vehicles.
Puhui International: It is estimated that by 2025, the penetration rate of new energy Passenger Vehicles in China will reach 53.7%, maintaining an accelerating upward trend.
The accelerating penetration rate has been the fundamental determination for the Electric Vehicles Industry in recent years.
BYD (01211.HK) expects annual sales to reach 4.25 million vehicles.
BYD (01211.HK) chief scientist, chief engineer of Automobiles, and director of the Automobile Engineering Research Institute, Lian Yubo, stated that BYD has broken the foreign brands' monopoly on the market. In 2023, sales have already exceeded 3 million units, making it the global sales champion of new energy vehicles. One in every five electric vehicles in the global market is a BYD vehicle. As of now, BYD's cumulative sales of new energy vehicles have surpassed 10 million units. By the end of this month, it is expected to achieve an annual sales volume of 4.25 million vehicles.