BYD has produced its 15 millionth new energy vehicle at the company’s production facility in Jinan, China. The milestone vehicle is a DENZA N8L luxury SUV from the premium brand that will launch in Australia in early 2026.
The Chinese automaker has achieved cumulative sales of 4,182,000 units globally in 2025, representing an 11.3% increase year-on-year. Overseas markets have been a key growth driver, with international sales surging to 917,000 units, already exceeding BYD’s total overseas sales volume for 2024.
Australia has played a pivotal role in BYD’s international expansion. The Australian market ranked as BYD’s number one export destination in June, July and August, before dropping to second place in September. BYD operates across more than 119 countries and regions across six continents.
BYD Australia is on target to deliver well in excess of 50,000 new energy vehicles in 2025. The milestone production vehicle represents the DENZA brand, which Australian consumers will encounter from early 2026 when local deliveries of the DENZA B5 and DENZA B8 commence.
R&D investment drives growth
Technological innovation remains central to BYD’s strategy. In the first three quarters of 2025, the company’s research and development expenditure reached 43.75 billion CNY (9.4 billion AUD), representing a year-on-year increase of 31%.
Cumulative R&D investment has now surpassed 220 billion CNY (47.4 billion AUD), underlining BYD’s long-term commitment to technological innovation across its new energy vehicle portfolio.
The production milestone comes as BYD continues to expand its global footprint, with Australia representing one of its most successful international markets for electric vehicle adoption.
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