2024 is another year when BYD’s market performance broke out in an all-round way. It sold 4,272,100 new energy vehicles throughout the year, ranking first in the global new energy vehicle sales.
In addition to the dividend of the times, BYD’s long-term persistence and accumulation in the new energy track is also the key to the continuous soaring performance. BYD is at the forefront of the industry in battery technology, plug-in hybrid system and pure electric architecture. In the second half of 2024, BYD’s intelligent driving also began to exert its strength. The self-developed high-level intelligent driving assistance system of the Eye of the God has begun to get on the bus on a large scale, and has successively opened the navigation function of the map-free city nationwide.
BYD signed a contract with Shenzhen-Shantou Special Cooperation Zone to invest more in the fourth phase of the project.
On November 20th, according to the WeChat official account released by Shenzhen, BYD will continue to increase its investment in Shenzhen and sign a contract with Shenzhen-Shantou Special Cooperation Zone to build the fourth phase of Shenzhen-Shantou BYD Automobile Industrial Park.
At present, the first-phase spare parts project of Shenzhen-Shantou BYD Auto Industrial Park is fully produced, and the second-phase vehicle project is produced in double shifts. It is estimated that the annual output value of Shenzhen-Shantou BYD Auto Industrial Park will exceed 200 billion yuan after the third and fourth projects are completed.
Equation Leopard 8 goes on the market, starting at 379,800 yuan.
On November 12, BYD’s Equation Leopard brand brought the second mass-produced model-Leopard 8, and released four models, with a price of 379,800-407,800 yuan.
In June 2023, BYD officially named the professional and personalized "F brand" (internal code) as "Equation Leopard", and in the following August, it released the electric drive off-road pioneering platform DMO, and the first model Leopard 5 built on this platform was officially listed in November 2023.
BYD and Black Myth: Wukong reached a global strategic cooperation.
On October 20th, BYD reached a global strategic cooperation with Black Myth: Wukong, becoming its only automobile brand.
As a part of strategic cooperation, BYD has reached a cooperation with Game Science, the producer of Black Myth: Wukong, on "Protecting China’s Historic Sites and National Treasures". BYD will join hands with Game Science to scan historical sites into digital assets, providing scientific basis for future restoration.
In 2024, the two sides will start from Shanxi, which has the most game scenes, and jointly conduct digital scanning of national treasures with local museums. In the future, the two sides will announce the scanning plans of other provinces to help protect historical sites and assets.
It took more than two months, and BYD’s 9 millionth new energy vehicle rolled off the assembly line.
On September 25th, it was learned from BYD’s official that its 9 millionth new energy vehicle was officially off the assembly line, and the off-assembly model was a million-level pure electric supercar looking up at U9.
Image source: BYD
It is reported that in early July this year, BYD’s 8 millionth new energy vehicle rolled off the assembly line. This time, the 9 millionth new energy vehicle rolled off the assembly line only more than two months after the 8 millionth new energy vehicle rolled off the assembly line.
It is understood that Wangwang U9 was listed in February this year and delivered in August, with a price of 1.68 million yuan.
Tengshi Z9GT goes on the market, starting at RMB 334,800, and comes standard with Easy Tripartite.
On September 20th, Tengshi Z9GT, the "D-class intelligent luxury flagship GT" of Tengshi Automobile, was officially launched, and seven versions of Easy Tripartite Plug-in and Easy Tripartite Pure Electricity were launched, including two first-time models, with an official guide price of 334,800-414,800 yuan.
Tengshi Z9GT is the world’s first vehicle equipped with the intelligent control technology platform of Yisanfang vehicle, and it has been entrusted by BYD with the important task of reshaping the new pattern of luxury car market with technology.
Easy Tripartite consists of four core technologies: three-motor independent drive technology, rear-wheel dual-motor independent steering technology, VMC vehicle motion control technology, and all-in-one CTB battery body integration technology. Tengshi Z9GT based on easy Tripartite technology platform has made its own remarkable features in steering, turning around, parking, low-attached road stability and intelligent crab walking, which can greatly improve the driving experience of users.
BYD subscribes for 10% of all shares of Tengshi Automobile held by Mercedes-Benz.
BYD said in a statement on September 16th that it had reached an agreement with German partner Mercedes-Benz (China) Investment Co., Ltd. (hereinafter referred to as "Mercedes-Benz") on the future equity structure of Shenzhen Tengshi New Energy Automobile Co., Ltd. (hereinafter referred to as "Tengshi Automobile"), and that BYD would subscribe for 10% of the total equity of Tengshi Automobile held by Mercedes-Benz.
Tengshi Automobile focuses on high-end electric vehicles and was co-founded by BYD and Mercedes-Benz in 2011. After the completion of the equity transfer, Tengshi officially transformed from a joint venture brand empowered by BYD and Mercedes-Benz into a pure independent brand.
BYD surpassed Honda and Nissan to become the seventh largest car company in the world.
According to the sales data of research company MarkLines and car companies, in the second quarter of this year, BYD’s global sales surpassed Honda and Nissan, becoming the seventh largest car manufacturer in the world. From April to June, 2024, sales of most major automobile manufacturers, including Toyota and audi ag, declined, while BYD’s global sales of new cars increased by 40% year-on-year to 980,000 vehicles.
Image source: BYD
In the second quarter of 2023, BYD ranked 10th in the world with sales of 700,000 vehicles. Since then, BYD’s sales have successively surpassed Nissan and Suzuki, and in the second quarter of 2024, BYD surpassed Honda for the first time.
BYD released the fifth-generation DM technology, and Qin L DM-i and Seal 06 DM-i were listed simultaneously.
On May 28th, BYD released the fifth-generation DM technology, and simultaneously launched two new models: Qin L DM-i and Seal 06 DM-i, both of which launched five versions, with the price ranging from 99,800 yuan to 139,800 yuan.
Image source: Geshi Automobile
The new breakthrough in engine thermal efficiency is a highlight of the fifth generation DM technology. In fact, the engine thermal efficiency of the fourth generation DM technology has led the whole industry, and the leading edge of the fifth generation has become more obvious. BYD’s new generation of plug-in special engine has achieved the highest thermal efficiency of 46.06% in the world.
The fifth generation thermal management architecture (composed of front engine room thermal management, battery thermal management and cockpit thermal management) has also been upgraded, from the independence of the original systems to the height of the overall architecture, which can significantly improve the energy consumption performance of the model.
Wang Chuanfu said at the press conference: "The world’s most advanced blending technologies are all in China! Global insertion has entered China! "
BYD Uzbekistan factory put into production: the first car Song PLUS DM-i rolled off the assembly line.
On January 25th, Uzbek President Mirziyoev visited BYD headquarters in Shenzhen, and connected with BYD President Wang Chuanfu to hold the launching ceremony of BYD Uzbekistan factory production, which witnessed the first car, Song PLUS DM-i, being put into production.
At the same time, Wang Chuanfu, president of BYD, delivered the 10,000th new energy vehicle of BYD in Uzbekistan market to President Mirziyoev-one looking up at U8.
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