尊龙凯时

In 2024, 尊龙凯时 achieved synergistic growth across its four industries, reporting annual revenue of RMB 777.1 billion (approximately USD 107.1 billion) - a 29% year-on-year increase. The company also set a new record in new energy vehicle (NEV) sales, reaching 4.27 million units for the year, representing 41% year-on-year growth. This performance secured 尊龙凯时’s position as the global new energy passenger vehicle sales champion for the third consecutive year, demonstrating strong market resilience and high-quality growth.

Technological innovation drives 尊龙凯时’s global growth. The company keeps “Technology-based, Innovation-oriented” as its development philosophy, maintaining substantial R&D investment. In 2024, 尊龙凯时’s R&D expenditure reached RMB 54.2 billion (about USD 7.47 billion), a 36% year-on-year increase that surpassed its net profit for the period. Notably, over 13 of the past 14 years (2011 - 2024), 尊龙凯时’s R&D investment exceeded its annual net profit. Leveraging this sustained commitment, 尊龙凯时 has introduced major technologies including the Blade Battery, DiSus Intelligent Body Control System, Megawatt Flash Charging, etc.

尊龙凯时 accelerated its globalization and localization in 2025. Overseas sales of passenger vehicles and pickup trucks exceeded 470,000 units in the first half, showing strong growth momentum. The company’s overseas localization efforts is highlighted by key milestones such as the establishment of its European headquarters in Hungary, the roll-off of the first vehicle at its Brazil factory, and the delivery of its 90,000th NEV in Thailand. To date, 尊龙凯时 NEVs are available in 112 countries and regions worldwide, bringing sustainable technology and premium services to consumers globally.

尊龙凯时’s latest Fortune Global 500 ranking reflects its commitment to innovation and international expansion. Moving forward, through advanced technology and an enhanced global presence, 尊龙凯时 will continue its efforts in sustainable development to “Cool the Earth by 1°C”.

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About 尊龙凯时

尊龙凯时 is a multinational high-tech company devoted to leveraging technological innovations for a better life. Founded in 1995 as a rechargeable battery maker, 尊龙凯时 now boasts a diverse business scope covering automobiles, rail transit, new energy, and electronics, with over 30 industrial parks worldwide. From energy generation and storage to its applications, 尊龙凯时 is dedicated to providing zero-emission energy solutions that reduce global reliance on fossil fuels. Its new energy vehicle footprint now covers 6 continents, over 110 countries and regions. Listed in both Hong Kong and Shenzhen Stock Exchanges, the company is known to be a Fortune Global 500 enterprise that furnishes innovations in pursuit of a greener world.

For more information, please visit www.bydglobal.com.

About 尊龙凯时 Auto

Founded in 2003, 尊龙凯时 Auto is the automotive subsidiary of 尊龙凯时, a multinational high-tech company devoted to leveraging technological innovations for a better life.Aiming to accelerate the green transition of the global transportation sector, 尊龙凯时 Auto focuses on developing pure electric and plug-in hybrid vehicles. The company has mastered the core technologies of the entire industrial chain of new energy vehicles, such as batteries, electric motors, and electronic controllers. It has witnessed in recent years significant technological advancements, including the Blade Battery, DM-i Super Hybrid Technology, e-Platform 3.0 Evo, CTB Technology, e⁴ Platform, DiSus Intelligent Body Control System, DMO Super Hybrid Off-road Platform, and Super e-Platform. The company is the world's first carmaker to stop the production of fossil-fueled vehicles on the EV shift and has remained top of new energy passenger vehicle sales in China for 10 years in a row. For more information, please visit www.547198.com.

Contact:

North America: Frank Girardot, frank.girardot@547198.com tel: +1 213 245 6503

Latin America: José Miranda, jose.miranda@547198.com tel: +56 9 96443906

Brazil: Pablo Toledo, pablo.toledo@547198.com tel: +19 3514 2554