BYD hits production milestone of 19 million NEVs

Monika From Gasgoo
Main productsNew Energy Vehicles Module Products: DC Fast Charging Modules, Energy Storage and Charging Modules, On-board Power Modules Monitoring Products: Charging Control Modules, Charging Cloud Platform System Products: Standard DC EV Chargers, Split-type Charging Systems, Fully Liquid-cooled Supercharging Systems, AC EV Chargers, V2G EV Chargers

Gasgoo Munich- BYD's 19 millionth new energy vehicle rolled off the production line on November 9, according to the Shenzhen Release WeChat account. The milestone vehicle was a FANGCHENGBAO TAI 9.

Key Takeaways

·BYD reached cumulative production of 19 million NEVs, with the FANGCHENGBAO TAI 9 serving as the milestone vehicle.

·BYD sold 3.6217 million vehicles in the first 10 months of 2026. 

·Overseas passenger-vehicle and pickup sales reached 1.507 million units during the period, up 92% year on year. Overseas markets accounted for 41.6% of third-quarter sales, an increase of 25.9 percentage points from a year earlier.

·Combined sales of BYD's FANGCHENGBAO, DENZA and YANGWANG brands rose 75% year on year to 410,000 units in the first three quarters. FANGCHENGBAO sold 126,000 vehicles in the third quarter, up 32.6% from the previous quarter and accounting for about 70% of the three brands' combined quarterly sales.

Image source: Shenzhen Release

R&D and technology

BYD reported R&D expenses of 36.3 billion yuan in the first three quarters of 2026, bringing its cumulative R&D investment to more than 280 billion yuan.

In March this year, BYD introduced its second-generation Blade Battery and flash-charging technology alongside a nationwide charging rollout.In May, the company unveiled its "DiDi Xia" AI agent and announced a one-year safety assurance covering urban navigation-assisted driving. BYD said its 10,000th flash-charging station was completed in August.

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Location: China/Guangdong/Shenzhen/Nanshan District
Main productsNew Energy Vehicles Module Products: DC Fast Charging Modules, Energy Storage and Charging Modules, On-board Power Modules Monitoring Products: Charging Control Modules, Charging Cloud Platform System Products: Standard DC EV Chargers, Split-type Charging Systems, Fully Liquid-cooled Supercharging Systems, AC EV Chargers, V2G EV Chargers

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