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the market of electrified cars It continues to advance, although it is still less compared to the production of conventional fuel cars. However, the Chinese company BYD has managed to make 5 million of these modern vehicles, proving that mass manufacturing is possible.
And this number is not just a coincidence. China is one of the main manufacturers and consumers of this technology called new energy vehicles (NEV). According to a China Daily report, BYD and Great Wall Motors, along with startups like XPeng, Li Auto and NIO, have experienced steady growth.
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In that regard, the China Association of Automobile Manufacturers noted that in the first half of 2023, China’s total auto exports reached 2.14 million units, representing a solid year-on-year increase of 75.7%. In addition, NEV’s exports increased by 160 percent over the same period last year.
And the president of BYD, Wang Chuanfu, is very clear about the panorama of technological change that we are experiencing. “As long as Chinese automakers persist in technological innovation, seize the opportunities presented by electrification, intelligence and connectivity, and strive to meet market demands, we can accelerate the journey to become a powerhouse in the auto industry. the NEVs,” he said.
That is why the importance of the brand that BYD has achieved, and more because it is a relatively new company compared to other classic brands. According to a report by Somos Eléctricos, the company was founded in 1995 and today it is considered a group with a presence in 70 countries around the world.
And what is the famous vehicle number 5 million? This is the Denza N7, an SUV belonging to a BYD sub-brand that has a presence in China. But this is not his only model. It has an exclusive offer: the BYD ATTO 3, BYD Han EV and BYD Tang EV, and the BYD Seal and BYD Dolphin will soon be on sale.
Source: Elcomercio
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