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BYD reaches 19 million NEV production milestone as Fang Cheng Bao opens Tai 9 reservations

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BYD reaches 19 million NEV production milestone as Fang Cheng Bao opens Tai 9 reservations

BYD (HKEX: 1211) has rolled out its 19 millionth new energy vehicle (NEV), while its sub-brand Fang Cheng Bao has opened reservations for the flagship Tai 9 SUV.

The Chinese automaker announced the milestone on Weibo on Monday, as it continues to expand production and broaden its lineup of premium SUVs for family buyers.

The milestone comes 124 days after BYD announced the production of its 17 millionth NEV on July 8, meaning it produced an additional 2 million NEVs in about 4 months. BYD had not disclosed when its 18 millionth NEV rolled off the production line.

BYD's production has expanded rapidly over the past few years. The company produced its first NEV in December 2008 and took until May 2021 to reach the 1 million milestone. It rolled out its 10 millionth NEV on November 18, 2024.

Fang Cheng Bao said today that reservations for the Tai 9 are now open, with customers who reserve before launch eligible for an additional 6 months of free BYD flash charging.

It did not disclose reservation pricing. For reference, Fang Cheng Bao's Bao 8 large SUV currently starts at 419,800 yuan ($62,480), while the Tai 7 SUV starts at 189,800 yuan.

The Tai 9 is rumored to launch on November 19, though Fang Cheng Bao has yet to confirm that date. Xiong Tianbo, general manager of the brand's business division, said on November 7 that the model would launch later this month.

On October 22, she had put the launch window after November 15 and said the brand would build up vehicle inventory in advance to shorten customer waiting times.


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