BYD does what even Tesla hasn't; is first automaker to make 6 million PHEVs, EVs

  • No other manufacturer in the world has rolled out a combined six million units of plug-in hybrids and fully-electric models.
BYD
BYD cars parked side-by-side for export to markets outside China.
BYD
BYD cars parked side-by-side for export to markets outside China.

Tesla may be the global leader when it comes to electric vehicles (EVs) and has a sizeable lead over all its rivals. But China's BYD is mounting a massive challenge and recently became the first automaker anywhere in the world to manufacture six million EVs and plug-in electric vehicles (PHEVs).

While Tesla has no PHEV model in its portfolio, BYD has managed to diversify its electric offerings and hit the key milestone of six million combined production figure before any other manufacturer. The company began manufacturing EVs and PHEVs in 2008 and in less than two decades, managed to reach the figure. It is interesting to note here that BYD also used to manufacture cars with internal combustion engines but decided to focus only on electric iterations in April of 2022.

Also check these Cars

Find more Cars
Byd Atto 3 (HT Auto photo)
60.48 kWh 160 Kmph 521 km
₹ 33.90 Lakhs
Compare
Tata Avinya (HT Auto photo)
UPCOMING
500 km
₹ 30 - 60 Lakhs
View Details
Tesla Model 3 (HT Auto photo)
UPCOMING
82kWh 225 kmph 555 km
₹ 70 - 90 Lakhs
View Details
Tesla Model S (HT Auto photo)
UPCOMING
75 kWh 200 396 km
₹70 Lakhs - 1 Cr
View Details
Byd Seal (HT Auto photo)
UPCOMING
82.5 kWh 200 Kmph 700 km
₹ 55 - 60 Lakhs
View Details
Hyundai Creta (HT Auto photo)
1497 cc Multiple Both
₹ 11 - 20.15 Lakhs
Compare
View Offers

Also Read : From Huawei and Xiaomi to Apple, why tech giants are turning to electric cars

BYD informed that the six-millionth unit was a Fang Cheng Bao Leopard 5 plug-in hybrid SUV that rolled out from its factory in Zhengzhou. The vehicle had made its debut in August of last year and is slightly smaller in dimensions when compared to the Toyota Land Cruiser Prado.

BYD
The Fang Cheng Bao Leopard 5 from BYD is claimed to be a rugged electric SUV.
BYD
The Fang Cheng Bao Leopard 5 from BYD is claimed to be a rugged electric SUV.

The Chinese company's rise has been quite meteoric and its focus on PHEVs and EVs may be adding strong winds to its proverbial sales. And while Toyota has manufactured over 15 million self-charging hybrid car units and Tesla hit five million mark for its range of fully-electric vehicles in September, BYD can still walk away with the crown when it comes to PHEVs and EVs combined.

PHEVs and EVs combined are referred to as New Energy Vehicles (NEVs) in China. The Chinese market is the largest in the world and while the competition between local and global players is absolutely intense, there is enormous opportunities as well. And these are the opportunities that BYD may have taken full advantage of. After all, while it took the company 13 years to manufacture its first million NEV units, the second million came in just one year. Six months is what BYD took to reach the three million mark while the next two million came in nine months. The most-recent million came in three months after the company expanded its production capacity. BYD has nine production factories across China and supplies the local market as well as ships units to 57 markets across the world.

First Published Date: 30 Nov 2023, 10:24 AM IST
NEXT ARTICLE BEGINS

Please provide your details to get Personalized Offers on

Choose city
+91 | Choose city
Choose city
Choose city

Want to get the best price for your existing car?

Powered by: Spinny Logo
By clicking "View Offers" you Agree to our Terms and Privacy Policy

Dear Name

Please verify your mobile number.

+91 | Choose city
Couldn't verify the OTP.
It's either expired or it's incorrect.