In 2024, BYD's full-year sales are expected to grow more than 20 percent from 2023, with overseas sales targeted at 500,000 units, Wang Chuanfu said.
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BYD Yuan UP, a compact SUV that comes with luxury level comfort
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BYD offers the Yuan Up in three trim levels, with a range of up to 401 km and the ability to accelerate from 0 to 100 km/h in as little as 7.9 seconds.
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A heated price war in China's NEV sector late last year and incentives offered by BYD to dealers may have dragged down profits.
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The Yuan Up will be the first A0-class all-electric SUV on BYD's e-Platform 3.0, and will be smaller in size than the Yuan Plus.
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The 7 millionth vehicle is an updated Denza N7 SUV, which the premium BYD sub-brand will officially launch on April 1.
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The BYD Seal lineup includes the all-electric Seal EV and the hybrid Seal DM-i, the latter of which has received an update on February 29.
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More than 80 percent of Yangwang U8 owners are business owners, partners or company executives, and 90 percent own more than 2 cars.
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A new entry-level model with 210 km/h top speed has been added to the product offering.
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BYD's Dolphin and Seal U will be introduced to Greece next.
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