BYD Company
Chinese manufacturing company
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2025 | BYD began phasing out warship-named vehicle models, merging them into the Sealion and Seal nameplates. |
2025 | BYD plans to expand operations in El Salvador to San Miguel and Santa Ana. |
February 10 2025 | BYD introduced Smart Driving Edition versions across 21 models, featuring enhanced advanced driver assistance systems (ADAS) called God's Eye, with prices starting at 100,000 yuan. |
February 2025 | BYD Energy Storage announced a contract with Saudi Electricity Company to provide 12.5 GWh of energy storage. |
2024 | BYD achieved total global sales of 4,272,145 vehicles, a 41.3% increase from 2023, becoming the seventh-largest automaker globally and maintaining market leadership in China with a 16.2% overall and 34.1% new energy vehicle market share. |
2024 | BYD global sales surpassed Honda and Nissan, making it the seventh-largest automaker in the world. |
2024 | BYD introduces the e-Platform 3.0 Evo, an improved version of their electric vehicle platform featuring a 12-in-1 electric drive system, the world's highest speed mass-produced electric drive motor at 23,000 rpm, faster charging capabilities, and a high-efficiency heat pump. The BYD Sealion 07 EV becomes the first vehicle to use this new platform. |
2024 | BYD sold 417,204 vehicles overseas, with the company aiming to deliver 50% of its production output outside its home market. |
2024 | BYD achieved record production of 4,075,449 vehicles. The Yangwang brand grew to 8,560 vehicles, and Denza produced 126,036 vehicles. |
2024 | BYD achieved 4,272,145 total sales, a 41.3% increase from 2023, with 3,718,281 retail sales in the Chinese domestic market. |
2024 | BYD introduced a bounty program in China to report evidence of internet 'black campaigns', offering rewards between 200,000 to 5 million yuan for information about negative campaigns by individuals, PR firms, or rival car companies. |
2024 | BYD hired close to 200,000 new employees specifically in car manufacturing and components. |
2024 | BYD became the second largest electric vehicle battery producer globally, producing 17.2% of the world's output through its FinDreams Battery subsidiary. |
December 2024 | BYD announced plans to increase investment in the Subang, Indonesia manufacturing plant, expanding the facility area, increasing projected workforce to 18,000, and advancing the start of operations from early 2026 to late 2025. |
December 2024 | Brazilian authorities discovered 163 Chinese nationals working in slavery-like conditions at a BYD plant construction site in Bahia, Brazil. The workers were allegedly victims of human trafficking. Brazil's Ministry of Justice threatened to revoke residence permits for the workers, and the Ministry of Foreign Affairs stopped issuing temporary work visas for BYD. |
December 2024 | Construction of the Brazilian manufacturing plant was stopped due to accusations of labour law violations and 'slavery-like conditions'. |
November 2024 | BYD started selling Denza vehicles in Thailand. |
November 18 2024 | BYD held an event in Shenzhen to celebrate its 30th anniversary and becoming the first automaker globally to produce 10,000,000 new energy vehicles, with the milestone vehicle being a Denza Z9. |
November 12 2024 | BYD Thailand rolled out its 10,000th electric vehicle, just four months after the manufacturing plant went operational. |
October 2024 | BYD announced a global strategic partnership with Game Science, becoming the exclusive automotive brand partner for the action role-playing game Black Myth: Wukong, expanding their brand presence in the gaming and entertainment sector. |
October 2024 | BYD launched the Shark 6 plug-in hybrid vehicle in Australia. |
September 2024 | Mercedes-Benz completely withdraws from the joint venture by transferring its remaining 10% stake to BYD, making Denza a wholly owned brand of BYD. |
September 2024 | BYD established an advanced technology R&D center to support smart driving systems, smart cockpits, dual-mode technology, and other computing-related departments, with a dedicated team of 5,000 R&D engineers focused on driver assistance technologies. |
September 2024 | BYD launched its first showroom in San Salvador, El Salvador, through a partnership with Energy Motors, introducing electric and plug-in hybrid vehicles. |
September 25 2024 | BYD achieves 9,000,000th NEV production milestone with the Yangwang U9 |
August 2024 | BYD entered the Pakistani automotive market by launching three electric vehicle models: the Atto 3, Seal, and Sealion 6. |
July 2024 | Fangchengbao, BYD's off-road vehicle brand, reduced the price of its Bao 5 model in China by 50,000 yuan, sparking protests from previous buyers who felt unfairly treated. |
July 2024 | Reports emerged that BYD Electronics became part of the iPhone 16 supply chain, with production moving back to China from India. |
July 8 2024 | BYD signed an agreement with Turkey to invest $1 billion in a new factory with an annual production capacity of 150,000 vehicles. |
July 5 2024 | Thai Prime Minister Srettha Thavisin and BYD CEO Wang Chuanfu discussed the pricing controversy after opening the BYD Thailand manufacturing plant, with Wang promising to resolve the issue. |
July 4 2024 | BYD produces 8,000,000th NEV, a Thai-built BYD Dolphin |
July 4 2024 | BYD officially opened its first wholly-owned facility outside of China in Rayong, Thailand, coinciding with the production of its 8,000,000th new energy vehicle. |
July 1 2024 | BYD reduced the price of the BYD Dolphin in Thailand by 140,000–160,000 baht, contradicting earlier sales claims and causing customer dissatisfaction. |
June 2024 | BYD Property & Casualty Insurance opened for registrations and announced expansion of car insurance services across 7 major provinces in China, with regulatory approval to independently adjust premium rates. |
June 2024 | The European Commission completed its investigation and imposed an additional 17.4% import duty on BYD vehicles, effective 4 July 2024. |
June 2024 | BYD announced a goal to sell 350,000 vehicles annually in Brazil by 2028 and aim to become one of the top 3 car brands in the country. |
June 2024 | BYD introduced the Denza brand in Hong Kong by launching the D9 EV minivan and opening its first Denza flagship store in Kowloon Bay, marking the brand's first presence outside mainland China. |
June 2024 | BYD began selling three battery electric vehicle (BEV) passenger car models in Poland. |
June 27 2024 | BYD launched its first vehicle, the Song Plus DM-i, from its new joint venture assembly plant located in Jizzakh, Uzbekistan, marking the start of local production of BYD vehicles in the country. |
June 19 2024 | A BYD salesperson in Thailand convinced a customer to purchase a BYD Dolphin by claiming prices would increase after a discount period, which later proved false. |
May 2024 | Fire broke out at a BYD dealership in Fuzhou, Fujian. BYD acknowledged the incident but denied vehicle battery involvement. |
May 2024 | BYD filed a lawsuit against Chinese blogger Yao Qiang, demanding a public apology and compensation over claims about poor fuel consumption of the Fangchengbao Bao 5, after an investigation revealed abnormal driving conditions in the test drive video. |
May 2024 | BYD introduced its fifth-generation DM-i (Dual Mode-intelligent) hybrid electric system with the launch of BYD Qin L and BYD Seal 06 DM-i models. This new system claims to have the world's highest engine thermal efficiency at 46.06%. |
May 2024 | BYD Electronics was announced to be added to Hong Kong's Hang Seng Index. |
April 2024 | BYD formally announced the location of its Indonesian manufacturing plant in Subang, West Java, initially planned to be operational in early 2026. |
April 2024 | BYD filed a lawsuit against a Chinese blogger named Huang for a false social media claim that BYD instructed employees to organize consumers to 'defend their rights against Tesla'. The court ruled that Huang must publish an apology and compensate BYD. |
March 2024 | Ministry of Industry and Information Technology approved BYD's plan to move its passenger vehicle factory from Pingshan, Shenzhen to the Shenzhen-Shantou Special Cooperation Zone in Shantou, Guangdong. |
March 2024 | Became a cell supplier to Tesla's energy storage manufacturing in China, set to provide 20 percent of cells for Megapack production starting first quarter of 2025. |
March 25 2024 | BYD reaches 7,000,000th NEV production milestone with the Denza N7 |
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