BYD's Xi'an plant has four assembly lines in production at the same time, with output reaching 4,000 to 4,400 vehicles per day.
BYD's (HKG: 1211, OTCMKTS: BYDDY) largest vehicle production base has seen full-year production exceed 1 million for the first time, as the new energy vehicle (NEV) maker is set to see annual sales exceed 4 million for the first time this year.
BYD's plant in Xi'an, Shaanxi province, in northwest China, reached its goal of producing 1 million vehicles for the year on December 13, the first time the plant has seen annual sales exceed that mark, the Xi'an Hi-tech Industries Development Zone administration committee said in a December 13 WeChat post.
The plant, located in the Xi'an Hi-Tech Zone, is BYD's largest single automotive plant in China and has been in operation for 20 years, the post noted.
BYD has laid out businesses in the region including NEVs, components, consumer electronics, rail transportation, power batteries, and auto finance, according to the article.
With the production of the first phase of BYD's parts and components project here going into operation and the gradual completion of the second phase, its production capacity has been further enhanced, the article said.
Currently, BYD's Xi'an plant has four assembly lines in production at the same time, with output reaching 4,000 to 4,400 units per day, according to the article, which didn't provide further details.
As of today, BYD has nine major auto production bases in China, with the other eight located in Shenzhen, Guangdong; Changsha, Hunan; Changzhou, Jiangsu; Hefei, Anhui; Fuzhou, Jiangxi; Jinan, Shandong; Zhengzhou, Henan; and Xiangyang, Hubei.
BYD gained its car-making credentials in 2003 with the acquisition of Xi'an-based Qinchuan, and has built new production bases in other regions over the years since.
In 2022, Xi'an produced 1.02 million NEVs, accounting for 14 percent of all NEVs in China, surpassing Shanghai's 988,600 units to become the city that produces the most NEVs in the country.
Of the NEVs produced in Xi'an in 2022, BYD's Xi'an plant contributed 995,000 units, or 98 percent, according to several local media reports.
Shanghai is home to Tesla's (NASDAQ: TSLA) China plant, and the US electric vehicle (EV) maker delivered 822,894 Shanghai-produced vehicles in January-November of this year, after seeing 947,742 vehicles delivered by Giga Shanghai in 2023, according to data compiled by CnEVPost.
BYD sold 506,804 NEVs in November, up 67.87 percent year-on-year and up 0.83 percent from October, according to data it released on December 1.
In the January-November period, BYD's cumulative sales of NEVs amounted to 3,837,632 units, a cumulative year-on-year increase of 40.25 percent.
For the whole year of 2024, BYD could probably achieve annual sales of 4.25 million vehicles, the company's chief scientist Lian Yubo said last week.
In 2023, BYD sold 3,024,417 NEVs.
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