In 2023, BYD's annual car sales will be 3.02 million, once again breaking through a record high. BYD is already the undisputed champion of Chinese automobiles, which is also the first time in 39 years that China's independent car companies have regained the sales championship in the domestic market, and BYD has also won the sales championship in the global new energy market.
From the perspective of data on the new energy segment, BYD is a veritable sales powerhouse, with 1 BYD for every 5 new energy vehicles sold in the world, and 1 BYD for every 3 hybrid vehicles sold in the world. For every 3 new energy vehicles sold in China, there is 1 BYD, and for every 2 plug-in hybrids sold in China, 1 is BYD.
To achieve such good sales results, first of all, BYD's product line covers a wide range of models, not only has a variety of new energy models, covering sedans, SUVs, MPVs, etc., to meet the needs of different consumers. Recently, it has successively launched Qin PLUS Glory Edition, Destroyer 05 Glory Edition, Hantang Glory Edition, Dolphin Glory Edition, Song PLUS Glory Edition, Seal DM-i Glory Edition, Song Pro DM-i Glory Edition and other models, which directly continue to reduce the price of high-quality models and lower the threshold to attract car owners, which also brings great pressure to joint venture fuel vehicles.
And BYD's models of various gears will also win multi-level market championships in 2023, such as Seagull A00 sales champion, Dolphin A0 annual sales champion, pure electric car annual sales champion, Yuan Plus A-class pure electric sales champion, Song Plus A-class SUV sales champion, Qin family model family car sales champion, Tang family medium and large large SUV double champion, Han family B+C class sedan market annual sales champion, Denza D9 MPV sales champion, It can be seen that whether it is Ocean Net, Dynasty Net, or Denza, they have all come up with very beautiful report cards.
At the same time, in the fourth quarter of 2023, BYD's pure electric model sales have also surpassed Tesla, topping the global pure electric vehicle sales champion. In 2023, BYD's annual exports will increase by 334% year-on-year, becoming the car company with the largest growth among the top 10 global brand export sales in 2023. BYD is now a world-renowned new energy vehicle brand, and at the same time, the entire brand is moving upward, and the globalization strategy is also steadily advancing.
In 2023, BYD has released a number of disruptive technologies such as Yi Sifang, Yun Yuan, DMO and many other disruptive technologies and are equipped in a variety of models, and at the beginning of 2024, BYD has released a new vehicle intelligence strategy, which has attracted the attention of the industry.
BYD's "electricity is lower than oil" strategy, not only grasp the initiative of product pricing but also detonate the activity of the market, BYD has a complete new energy industry chain, including batteries, motors, electronic control, etc., to reduce costs, improve competitiveness, the advantages of the whole industry chain and the excellent cost control ability brought by the scale effect, is also a link that cannot be ignored. Relying on the advantages of vertical integration, in my opinion, BYD's current cost control ability is indeed the leader in the global automotive industry.