On November 18, 2024, a significant milestone was celebrated in Shenzhen's Shenshan Special Cooperation Zone as BYD held a grand event marking its 30th anniversaryNot only did this occasion highlight the company’s impressive journey, but it also marked the off-the-line production of its ten millionth new energy vehicle, underscoring a pivotal moment not just for BYD, but for the entire Chinese automotive industryThis achievement signifies a strong trajectory towards global recognition and reinforces the notion that China's innovations in automotive technology are making considerable waves on the world stage.

BYD’s origin story dates back three decades to when it was a humble startup with merely 20 employees operating out of a small workshopDriven by an unyielding spirit characterized by boldness, dedication, and perseverance, BYD has evolved into a global powerhouse employing nearly a million people worldwide

Wang Chuanfu, the founder and president of BYD, took the opportunity during the event to recount the many trials and triumphs that have punctuated this journeyBeginning with its initial focus on battery technology, culminating in its current diversification into sectors such as electronics, automobiles, new energy, and rail transportation, BYD emphasizes innovation and sustainability, continually striving to meet society's aspirations for a better life.

BYD's groundbreaking advances in the field of new energy vehicles particularly captured the spotlightAs early as 2008, BYD introduced its first fully electric car, the F3e, making a bold entrance into the new energy arenaFrom that point forward, the company consistently increased its investment in this sector, launching a series of innovative products including the revolutionary Blade Battery in 2020. This groundbreaking introduction significantly enhanced battery safety, offering competitive advantages in range and charging speed, thereby solidifying BYD's status in the new energy vehicle market

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Furthermore, that same year saw the launch of an all-new plug-in hybrid strategy, further consolidating BYD's pioneering position in the new energy sector.

The remarkable growth of BYD is evidenced not only in its array of products and technological advancements but is also reflected in its impressive market performanceThe company's first five million new energy vehicles took a full 15 years to produce, whereas the next five million were churned out in a mere 15 months—a transformation that illustrates a leap in what could be described as China's automotive 'speed.' This remarkable feat validates BYD’s approach of committing to new energy and innovation as the correct path and showcases the robust competitiveness of the Chinese auto industry on a global scale.

During the release event, Wang Chuanfu personally presented BYD’s ten millionth new energy vehicle, a Tengshi Z9, to Feng Ji, the founder and CEO of Game Science and producer of the popular game “Black Myth: Wukong.” Feng expressed immense pride in becoming the owner of BYD's milestone vehicle, remarking on the honor and responsibility of championing Chinese narratives of world-class quality

This moment not only affirms the quality of BYD's products but also solidifies the impact of Chinese new energy brands on the global automotive market.

In addition to relentless product and technological innovation, BYD places a strong emphasis on social responsibility, actively giving back and recognizing the communities, customers, and employees that have supported them throughout the yearsDuring the anniversary celebrations, Wang Chuanfu announced the establishment of a 3 billion yuan philanthropic fund aimed specifically at educational charitiesThis fund will finance scholarships at universities across China and donate new energy educational vehicles to vocational colleges, museums, and science centers nationwideThis initiative aims to inspire students’ interest in automotive technology and encourage the cultivation of future engineering talentIt reflects BYD's commitment to education and highlights the company's role as a responsible corporate citizen on a global scale.

As BYD navigates the next phase of development, it has plans to significantly enhance its investment in intelligent technologies, pushing forward the integration of artificial intelligence within automotive engineering

Wang Chuanfu announced a dedicated 100 billion yuan fund for the advancement of smart technologies, intending to achieve comprehensive vehicle intelligence and secure a leadership position in future technological discussionsThis strategy not only aligns with global trends in the automotive industry but also signals BYD's astute foresight and unwavering confidence in technological progress.

Reflecting on the past three decades, BYD has exemplified a spirit of adventure and resilience with engineering at its core, driven by a mission of green sustainability and guided by technological innovationHaving established itself as a leader within the global new energy vehicle landscape, BYD's products play a vital role in both the domestic market in China and across various international marketsMoving forward, BYD is poised to continue upholding this pioneering spirit, addressing society's collective hope for a fulfilling life, all while reinforcing its presence as a top-tier high-tech enterprise and contributing significantly to the growth of the Chinese automotive industry.

The saga of BYD’s 30-year evolution is a compelling narrative; it bears testament to the transformation of the Chinese automotive sector from its nascent stages to a formidable player on a global scale