Huan Qiu Wang·2025-12-18 05:22Core Insights - BYD achieved a significant milestone by rolling out its 15 millionth electric vehicle, the Tengshi N8L, in just 17 years, with the last 10 million units produced in a record 13 months, marking a new phase for China's automotive industry on the global stage [1][3] Sales Performance - In the first 11 months of 2025, BYD's cumulative sales reached 4.182 million units, reflecting a year-on-year growth of 11.3%, with overseas sales hitting 917,000 units, surpassing the total overseas sales for 2024 [3] - BYD's international presence has expanded to over 110 countries and regions, establishing itself as one of the fastest-growing Chinese car manufacturers in terms of exports [3] Technological Advancements - BYD's commitment to "technology as king" and its long-term strategy in the electric vehicle sector are evident, with R&D investments amounting to 43.75 billion yuan in the first three quarters of 2025, a 31% increase year-on-year, totaling over 220 billion yuan in cumulative R&D spending [3] - Key innovations include the Tian Shen Zhi Yan driver assistance system, MW fast charging, and the Super e-platform, addressing critical issues in safety, range, and handling for electric vehicles [3] Product Highlights - The Tengshi N8L, launched over a month ago, has already achieved 15,000 units produced, showcasing its success as BYD's high-end luxury brand [5] - The vehicle features advanced safety measures, including a 2000MPa material in critical areas and a hybrid CTB battery integration, earning it the title of "safety king" [5] - With a minimum turning radius of 4.58m, the Tengshi N8L is recognized as the best in its class for large SUVs, enhancing its maneuverability [5] International Expansion - Tengshi's international strategy is accelerating, entering markets in Singapore, Thailand, and Malaysia, while also launching in Europe and Latin America, promoting the transition to electric luxury vehicles [7] - The Tengshi D9 has topped luxury MPV sales in multiple Southeast Asian countries, demonstrating strong brand premium capabilities with prices significantly higher than domestic markets [7] Industry Trends - Chinese automotive brands are entering a new phase of high-end and global expansion, with BYD leading the charge in technological advancements, aiming to elevate "Made in China" to "China's technology" on the global automotive stage [7]