Fifteen Million Flex

BYD has reached a new production milestone after building its 15 millionth New Energy Vehicle, covering both battery electric vehicles and electrified models under its Super Hybrid DM technology.

The company marked the moment at its Jinan factory in China, which began mass manufacturing three years ago. BYD said the milestone unit was also the 15,000th example of the Denza N8L, a six-seat SUV from its premium brand Denza.

BYD traced its NEV story back to 2008, when it introduced the F3DM, which it described as the world’s first mass-produced plug-in hybrid. The company said it took 13 years to reach its first million NEVs, then accelerated sharply in recent years. BYD said it jumped from 10 million to 15 million in just 13 months, with the 14 millionth unit recorded on Oct. 9, 2025. It also noted that the 13 millionth unit rolled off the line in July, followed by the 14 millionth in October.

The Denza N8L uses the same Super Hybrid and e3 platform as the Denza Z9GT, a shooting brake that BYD said will lead Denza’s entry into Europe in 2026.

BYD reported total vehicle production of 4.182 million units for the first 11 months of 2025, up 11.3 percent year on year. It also reported overseas sales of 917,000 units in the same period, higher than its full-year total in 2024. BYD said its footprint now covers more than 110 countries and regions.

The company also highlighted its research spending, saying it invested RMB 43.75 billion in R&D in the first three quarters of 2025, up 31 percent year on year. BYD placed its cumulative R&D investment at more than RMB 220 billion, linking the spending to advances across batteries, packaging, driver assistance systems, and high-speed charging.

In Europe, BYD said it is now present in 33 countries with around 1,000 points of sale. The company said it aims to double its dealership count in the region by the end of 2026.