BYD has marked a significant global milestone with the rollout of its 15 millionth new energy vehicle (NEV) from the company’s Jinan manufacturing facility. The landmark vehicle is the Denza N8L, which also represents the 15,000th unit of the premium SUV to be produced. Positioned as a full-size, six-seat SUV, the Denza N8L is widely recognised for its advanced safety credentials and premium positioning.
BYD’s sales momentum remained strong throughout 2025. Between January and November, the company recorded cumulative sales of 4.182 million vehicles, reflecting an 11.3 percent year-on-year growth. Overseas markets continued to play a pivotal role in BYD’s expansion, with international sales reaching 917,000 units, surpassing the company’s total overseas volume for the entire 2024 calendar year.
At present, BYD’s new energy vehicle portfolio is available in more than 119 countries and regions across six continents, underscoring the company’s rapidly expanding global footprint.
Technological innovation remains the cornerstone of BYD’s development. In the first three quarters of 2025, the company’s R&D expenditure reached 43.75 billion yuan, a year-on-year increase of 31%. Cumulative R&D investment has now surpassed 220 billion yuan, underscoring its long-term commitment to technological leadership.
Guided by its core values of “Elegance, Innovation, Technology,” Denza has successfully entered multiple Asian markets, including Singapore, Thailand, and Malaysia. The Denza D9 has emerged as the best-selling luxury MPV in multiple markets, including Indonesia, Thailand, and Malaysia, in the first half of the year.
The brand has further expanded its footprint to key regions in Europe and Latin America, playing a pivotal role in accelerating the electrification transformation of the global luxury automotive market.
