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Ride Radar > Blog > News > Top stories of BYD in 2024
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Top stories of BYD in 2024

Last updated: February 3, 2025 5:30 pm
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BYD’s Remarkable Achievements in 2024

2024 was a groundbreaking year for BYD, the Chinese electric vehicle and battery manufacturing giant, as it continued to make waves on a global scale. From production and sales milestones to significant advancements in technology and far-reaching global expansion efforts, BYD solidified its position as a leader in the new energy vehicle (NEV) industry.

BYD’s Global Expansion Efforts

BYD made significant strides in expanding its global footprint in 2024. The company officially launched in the Ethiopian market, opened its first flagship store in Kuwait, and established two new dealerships in Estonia. Additionally, BYD opened its first showroom in Suriname, marking its foray into the Surinamese market.

BYD’s Technological Advancements

BYD introduced several new models across different markets, including the YANGWANG U7, SEALION 7, BAO 8, and TAI series. The company also rolled out significant OTA updates for its YANGWANG U8 and U8 Off-road Player Edition, bringing new features and enhancements to its high-end brand.

BYD’s Commitment to Sustainability

BYD demonstrated its commitment to sustainability by launching new energy vehicle models in various markets, such as the BYD HAN, ATTO 3, SEAL, SONG PLUS DM-i, and QIN PLUS DM-i. The company also introduced the MC Cube-T energy storage system, offering a substantial capacity for energy storage solutions.

BYD’s Strategic Partnerships

BYD forged strategic partnerships with companies like OPPO, CEVA Logistics, and Arista to advance the integration of smartphones and vehicles, enhance logistics and ground transportation services in Europe, and promote new energy vehicles in Indonesia. These partnerships aim to drive innovation and accelerate the adoption of sustainable technologies.

See also  China EV insurance registrations for week ending Nov 10: Nio 3,000, Tesla 17,300, Xiaomi 5,500, BYD 85,900

BYD’s Vision for the Future

BYD unveiled its Integrated Vehicle Intelligence strategy and XUANJI Architecture at the 2024 BYD Dream Day, signaling a transformative trajectory in the evolution of intelligent new energy vehicles. The company also celebrated the maiden voyage of its first car transport Ro-Ro ship, the EXPLORER NO.1, marking a new phase of expansion into the overseas market.

Overall, 2024 was a year of remarkable achievements for BYD as it continued to lead the way in the new energy vehicle industry, showcasing innovation, sustainability, and a commitment to driving positive change in the automotive landscape.

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