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=== 2020–present: Rapid growth and global expansion === BYD experienced a substantial surge in vehicle sales from 2020 to 2024. The company sold 4,272,145 vehicles globally in 2024, a ten-fold increase compared to the 2020 figure of 427,302 vehicles. The increase was partly attributed to the increasing popularity of new energy vehicles in China, which accounted for 27.5% of vehicle sales in China in 2022, up from 5.8% in 2020.<ref>{{Cite web |date=2023-05-09 |title=【图】问道掌门人{{!}}"禁燃"后 比亚迪开挂狂奔_汽车之家 |trans-title=Ask the boss {{!}} BYD cheated and ran wild after the "burning ban" |url=https://www.autohome.com.cn/news/202305/1284313.html |access-date=2023-12-11 |website=Autohome}}</ref><ref name="O-2023">{{Cite web |last=O |first=Meemi |date=2023-04-27 |title=Introducing China's Auto Industry (Part 1) |url=https://www.investorinsights.asia/post/introducing-china-s-auto-industry-part-1 |access-date=2023-12-11 |website=Investor Insights |language=en}}</ref> [[File:2020 BYD Han EV front.jpg|thumb|The [[BYD Han]], as of 2024, is BYD's upscale [[full-size car]].|left]] BYD introduced its first vehicle equipped with the [[Blade battery]], the [[BYD Han]] large sedan, in early 2020. The Han went on sale in July 2020 with an option of plug-in hybrid electric (Han DM) and battery electric (Han EV) variants.<ref name="Kane-2020">{{Cite news |last=Kane |first=Mark |date=2020-03-23 |title=BYD Han Electric And Plug-In Hybrid Sedan: Everything We Know |url=https://insideevs.com/reviews/405461/byd-han-everything-we-know/ |access-date=2023-12-11 |website=InsideEVs |language=en}}</ref> The range-topping variant of the Han EV was claimed to be the fastest electric car in China, while the DM version was the fastest hybrid sedan.<ref>{{Cite news |last=Kane |first=Mark |date=2020-07-19 |title=BYD Han Officially Goes On Sale In China |url=https://insideevs.com/news/434637/byd-han-officially-on-sale-china/ |access-date=2023-12-11 |website=InsideEVs |language=en}}</ref> BYD announced its entry to the European passenger car market in May 2020, starting with Norway. The first batch of 100 [[BYD Tang|BYD Tang EVs]] equipped with the Blade battery were sent to Norway in June 2021.<ref>{{Cite web |last=Kane |first=Mark |date=2021-06-13 |title=First Batch Of 100 BYD Tang Heads For Norway |url=https://insideevs.com/news/513626/first-100-byd-tang-norway/ |access-date=2023-12-11 |website=InsideEVs |language=en}}</ref>[[File:BYD Atto 3 1X7A6491.jpg|thumb|The [[BYD Atto 3|BYD Atto 3 / Yuan Plus]] helped increase the sales of BYDs globally; it is one of the best selling electric cars in Australia.]]In April 2021, BYD introduced the e-Platform 3.0, a third-generation [[Car platform|platform]] for battery electric vehicles that integrated and standardised core components along with a new body structure, new electrical architecture, and [[operating system]].<ref>{{Cite web |last=Kane |first=Mark |date=2021-04-21 |title=BYD Introduces 800V E-Platform 3.0 And New EVs: EA1, X DREAM |url=https://insideevs.com/news/502427/byd-eplatform3-ea1-x-dream/ |access-date=2023-12-11 |website=InsideEVs |language=en}}</ref> The platform began production starting with the [[BYD Dolphin]] and the [[BYD Yuan Plus]] that were announced in August 2021.<ref name="Kane-2021">{{Cite web |last=Kane |first=Mark |date=2021-08-16 |title=Affordable BYD Dolphin (EA1) Enters The Market In China |url=https://insideevs.com/news/527019/byd-dolphin-enters-market-china/ |access-date=2023-12-11 |website=InsideEVs |language=en}}</ref><ref>{{Cite web |last=Kane |first=Mark |date=2021-08-31 |title=BYD Introduces Yuan Plus At The Chengdu Auto Show |url=https://insideevs.com/news/529915/byd-introduces-yuan-plus-chengdu/ |access-date=2023-12-11 |website=InsideEVs |language=en}}</ref> It also established the Ocean Series line of products, which consists of models named after [[marine animals]].<ref>{{Cite web |last=Kane |first=Mark |date=2021-08-30 |title=BYD Launches Dolphin At The Chengdu Auto Show |url=https://insideevs.com/news/529696/byd-dolphin-chengdu-auto-show/ |access-date=2023-12-11 |website=InsideEVs |language=en}}</ref> In December 2021, Daimler AG reduced its stake in its joint venture brand with BYD Auto from 50% to 10%, with BYD Auto controlling 90%. BYD refreshed Denza's line-up with the release of the [[Denza D9]] minivan in 2022, followed by the [[Denza N7]] SUV in 2023.<ref name="Zhang/CnEVPost-2021">{{Cite web |last=Zhang |first=Phate |date=2021-12-24 |title=BYD to increase stake in its JV with Daimler to 90% |url=https://cnevpost.com/2021/12/24/byd-to-increase-stake-in-its-jv-with-daimler-to-90/ |access-date=2023-12-11 |website=CnEVPost |language=en-US}}</ref> in March 2022, BYD ended the production of pure [[internal combustion engine]] vehicles.<ref name=":11">{{Cite news |last1=McDee |first1=Max |date=2022-09-06 |title=BYD reaches 1 million car sales this year as China EV adoption explodes |url=https://www.arenaev.com/byds_1_millionth_car_this_year_is_chinas_most_popular_suv-news-678.php |website=ArenaEV.com}}</ref> In January 2023, BYD established its second premium brand called [[Yangwang]] by introducing the [[Yangwang U8]] plug-in hybrid electric large SUV,<ref>{{Cite web |last=Costello |first=Mike |date=2023-01-05 |title=BYD reveals luxury electric SUV |url=https://www.carexpert.com.au/car-news/byd-reveals-luxury-electric-suv-brand |access-date=2023-11-14 |website=CarExpert |language=en}}</ref><ref>{{Cite web |last=Stopford |first=William |date=2022-11-09 |title=BYD launching Yangwang premium brand in 2023 with off-roader |url=https://thewest.com.au/lifestyle/motoring/byd-launching-yangwang-premium-brand-in-2023-with-off-roader-c-8812918 |access-date=2023-11-14 |website=The West Australian |language=en}}</ref> and the [[Yangwang U9]] battery electric [[supercar]].<ref name="Quick-2023">{{Cite web |last=Quick |first=Jack |date=2023-01-06 |title=BYD's Yangwang reveals U9 electric supercar |url=https://www.carexpert.com.au/car-news/byds-yangwang-reveals-u9-electric-supercar |access-date=2023-11-14 |website=CarExpert |language=en}}</ref> The company further expanded its brand portfolio by introducing the [[Fangchengbao]] brand in June 2023, which focuses on [[off-road vehicles]].<ref>{{Cite web |last=Bobylev |first=Denis |date=2023-08-16 |title=BYD's Fang Cheng Bao Leopard 5 officially debuts. Two more SUVs teased as an easter egg |url=https://carnewschina.com/2023/08/16/byds-fang-cheng-bao-leopard-5-officially-debuted-two-more-vehicles-to-launch-later/ |access-date=2023-11-22 |website=CarNewsChina.com |language=en-US}}</ref> [[File:2023 ВYD Seagull (front).jpg|thumb|2023 BYD Seagull]] In April 2023, BYD released its smallest and cheapest battery electric vehicle called the [[BYD Seagull|Seagull]]. It features a 4-seater, 5-door configuration in a [[hatchback]] body style, while being priced in a segment dominated by smaller 3-door cars. The car became a sales success in China. On 29 November 2023, BYD produced the 200,000th Seagull after only seven months in the market.<ref>{{Cite web |last=Jin |first=Qian |date=2023-11-29 |title=The 200,000th BYD Seagull rolled off the assembly line |url=https://carnewschina.com/2023/11/29/the-200000th-byd-seagull-rolled-off-the-assembly-line/ |access-date=2023-12-12 |website=CarNewsChina.com |language=en-US}}</ref><ref>{{Cite web |last=Akhtar |first=Riz |date=2023-11-30 |title=BYD produces 200,000 low cost Seagull compact city EVs in first 8 months |url=https://thedriven.io/2023/11/30/byd-produces-200000-low-cost-seagull-compact-city-evs-in-first-8-months/ |access-date=2023-12-12 |website=The Driven |language=en-US}}</ref> Due to its low cost of production and its low selling price at below CN¥90,000 or US$12,000, the Seagull has garnered curiosity and praise from international media and industry experts.<ref>{{Cite web |date=2024-05-13 |title=Small, well-built Chinese EV called the Seagull poses a big threat to the US auto industry |url=https://apnews.com/article/china-byd-auto-seagull-auto-ev-cae20c92432b74e95c234d93ec1df400 |access-date=2024-06-15 |website=AP News |language=en}}</ref><ref>{{Cite web |last=Williams |first=Kevin |date=2024-02-27 |title=American Test Of $11,500 BYD Seagull: 'This Doesn't Come Across Cheap' |url=https://insideevs.com/news/710364/byd-detroit-import-seagull-caresoft/ |access-date=2024-06-15 |website=InsideEVs |language=en}}</ref><ref>{{Cite web |last=Wayland |first=Michael |date=2024-03-22 |title=Why a small China-made EV has global auto execs and politicians on edge |url=https://www.cnbc.com/2024/03/22/byd-seagull-ev-puts-global-auto-execs-politicians-on-edge.html |access-date=2024-06-15 |website=CNBC |language=en}}</ref><ref>{{Cite web |last=Hall |first=Casey |date=2023-04-19 |title=Shanghai auto show crowds flock to BYD's Seagull |url=https://www.reuters.com/business/autos-transportation/shanghai-auto-show-crowds-flock-byds-seagull-2023-04-19/ |access-date=2024-06-16 |website=Reuters}}</ref> While celebrating BYD's 5,000,000th new energy vehicle production in August 2023, Wang Chuanfu called on local Chinese car manufacturers to "unite" to take on foreign manufacturers, responding to the severe [[Automotive industry in China#Price war (2022–present)|price war in the Chinese market]] throughout 2023. Wang claims that it is "an emotional need for the 1.4 billion Chinese people to see a Chinese brand becoming global," and initiated a campaign titled "Together, we are Chinese autos" ({{lang-zh|s=在一起,才是中国汽车|p=}}). The call was welcomed by the CEOs of [[Nio Inc.|Nio]] and [[Li Auto]].<ref>{{Cite news |date=2023-08-11 |title=BYD calls on China automakers to unite, 'demolish the old' in global push |work=Reuters |url=https://www.reuters.com/business/autos-transportation/byd-calls-china-automakers-unite-demolish-old-global-push-2023-08-11/ |access-date=2023-12-31}}</ref><ref>{{Cite web |date=2023-08-09 |title=在一起才是"中国汽车",比亚迪第500万辆新能源汽车正式下线 |trans-title=Together we are "Chinese cars", BYD's 5 millionth new energy vehicle officially rolls off the assembly line |url=https://www.sohu.com/a/710354933_120832754 |access-date=2023-12-31 |website=Sohu}}</ref> On 18 November 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. The milestone vehicle was a [[Denza Z9]].<ref>{{Cite web |date=2024-11-18 |title=王传福总结比亚迪三十年发展经验:敢想、敢干、敢坚持! |trans-title=Wang Chuanfu summarized BYD's 30 years of development experience: Dare to think, dare to do, and dare to persevere! |url=https://weibo.com/ttarticle/x/m/show#/id=2309405102063666200695&_wb_client_=1 |access-date=2024-11-18 |website=Weibo |publisher=BYD Auto |language=zh}}</ref> In early 2023 and early 2024, BYD introduced the Champion Edition and Honor Edition versions of its models, respectively, featuring price reductions aimed at expanding market share in the Chinese market. The strategy contributed to [[Automotive industry in China#Price war (2022–present)|intensified price war in the market]], prompting Chinese authorities to advise BYD to avoid further price reductions. In response, on 10 February 2025, BYD introduced Smart Driving Edition versions across 21 models, featuring enhanced [[advanced driver assistance systems]] (ADAS) marketed as [[BYD Auto#God's Eye|God's Eye]], including city-level NOA (Navigate on Autopilot), with prices starting at 100,000 yuan. The update aims to offer additional features without increasing prices.<ref name=":13">{{Cite web |date=2025-02-15 |title=【图】比亚迪被窗口指导,加配不加价,再打价格战_汽车之家 |trans-title=BYD was instructed by the window to add features without raising prices and start a price war again |url=https://www.autohome.com.cn/news/202502/1304080.html#pvareaid=102624 |access-date=2025-02-16 |website=www.autohome.com.cn}}</ref> {{clear}}
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