At the 2024 Geneva Motor Show, BYD once again became the focus of a world-class auto show. As a pioneer of Chinese auto brands going overseas, BYD unveiled eight new energy models, which also demonstrated its determination and strength in global layout and promotion of green travel. At the Geneva Motor Show, the DM-i super hybrid technology made its European debut, showcasing the DM-i super hybrid technology to European consumers for the first time and unveiling the Song Plus DM-i (Seal U DM-i). At the same time, BYD Wangwang U8 and Denza N7 were also exhibited to European users for the first time, and through this Geneva Motor Show, BYD also further demonstrated its strong technical strength and diversified product line to consumers around the world, providing users with a more efficient and energy-saving driving experience.
After BYD officially announced its "Passenger Car Overseas" plan in May 2021, BYD's technological development in the field of new energy vehicles has advanced by leaps and bounds, and BYD's overseas sales market is also expanding. Since entering the European passenger car market in 2022, BYD has introduced a number of new energy vehicles to 19 countries, including Germany, the United Kingdom, France, and Norway. In the past year and a half, BYD has worked with local partners to open more than 230 stores. Today, BYD's new energy vehicle footprint has covered six continents and more than 400 cities in 70 countries and regions. Although there have been ups and downs in the process of going overseas, BYD has still achieved a number of sales champions in overseas markets.
BYD also has strong strength in technological innovation. As a technology-driven company, BYD has accumulated a series of internationally competitive core technologies over the years. In addition, the precise strategic vision of business leaders is also the key to BYD's repeated success in the process of going overseas, and it has continuously won sales championships in Europe, Latin America, Southeast Asia and other countries and regions. It is the technical reserves and the strategic vision of the leaders that have enabled BYD to occupy a place in the global auto market, and at the same time, it has also made global consumers more recognizable of Chinese brands.
BYD's new energy vehicles not only perform well in the domestic market, but also attract attention in the international market. At the Geneva Motor Show, the World Car Awards announced the top three finalists for 2024, with the BYD Seal and Dolphin being shortlisted for the top three in the 2024 "World Car of the Year" and "World City Car" and reaching the finals. This is the first time that BYD has been shortlisted for this award, and it is also the first time that a Chinese car company has been shortlisted for this award. This honor not only reflects BYD's strength in the field of new energy vehicles, but also demonstrates the rise of Chinese brands in the global automotive market.
At the beginning of this year, BYD released Wang Fang - "electricity is lower than oil"! Qin PLUS DM-i and Destroyer 05 Glory Edition 7The starting price of 980,000 yuan is directly a blow to the joint venture fuel vehicle, and its own technology, factory and vertical integration of the first chain, so that BYD can show its advantages and greatly reduce the cost of the intermediate process, so that consumers can make a profit. Recently in Hangzhou, a BYD car owner after the persuasion, BYD announced that the owner of the award of 200,000 yuan, righteousness and courage is the traditional virtue of the Chinese nation, the cultivation of social righteousness and justice is inseparable from such a "role model", BYD also considered the establishment of "BYD car owners positive energy and righteousness and courage award", in order to encourage more people in the society to participate in public welfare, promote social positive energy, enhance the sense of social responsibility, but also let more good deeds endlessly!
BYD became the official partner of Euro 2024, further enhancing its influence in the international market. As the official partner of the European Cup, BYD's new energy vehicles will also be used as official vehicles to provide green travel services for the event. This cooperation will not only help enhance BYD's brand image, but also further promote the popularization and application of new energy vehicles around the world. In January 2024, BYD's first ro-ro ship, BYD Explorer No1. Successfully made its maiden voyage, loaded with a total of 5,449 new energy vehicles from Shenzhen to Europe. This initiative marks the further improvement of BYD's capabilities in logistics and transportation, and provides strong support for future overseas market expansion.
As the only new energy vehicle manufacturer in the industry with independent research and development and independent production of three-electric technology, BYD has unique competitiveness, and has become a leader in the global new energy vehicle market with its comprehensive industrial chain advantages, strong technical strength and expanding overseas market layout. In the future, with the growing demand for green travel in the global market, BYD will continue to contribute to the global energy green transformation, while continuing to lead the development trend of the new energy vehicle market, and bring more and better high-quality new energy vehicles to global consumers!