BYD production snowballs as it celebrates rolling five millionth plug-in EV off the assembly line
While some EV automaker’s are working to deliver EV numbers in the tens of thousands, China’s Build Your Dreams (BYD) is on an entirely different level. The automotive manufacturing conglomerate is celebrating five million new energy vehicles (NEVs) built – a feat in it of itself, but an even greater tell to just how quickly BYD’s production lines are expanding.
Since its inception in 1995, BYD has quickly risen through the ranks as a major global manufacturer, excelling especially in electric vehicles and the battery technology. Including the commercial side of its new energy vehicles (BEVs and plug-in hybrids), BYD has a presence in 400 cities across more than 70 countries.
On the passenger side of EVs, we’ve seen BYD extent its footprint more recently to markets like Japan and Europe, delivering vehicles like the super popular ATTO 3. From a production standpoint, BYD builds NEVs beyond China, including plans for three new facilities in Brazil and a potential $1 billion plant in India that currently sits on shaky ground.
BYD describes itself as a “driving force in the industry” (not sure if pun was intended there but hope so), and it has the production clout to back it up. If you aren’t already aware of the BYD name, you soon will as the automaker continues to expand its lineup of brands, the EVs those marques offer, and the amount of assembly lines needed to keep up.
A better question is probably, can everyone else keep up?
BYD’s production ramp up outpaces… well, everyone
BYD Auto’s five millionth new energy vehicle to roll off its assembly lines in China was an N7 SUV from its Denza sub-brand (seen above). As it proclaims itself as the first global automaker to reach five million NEVs (BEVs and plug-in hybrids), BYD has a lot to celebrate – but a more impressive statistic is how quickly the manufacturer got here.
The company points out that it took 13 years to reach one million NEVs produced, but here’s where things get interesting. From there, it only took BYD Auto another 18 months to reach three million, then another 9 months from there to reach five million, helping garner over $1.86 million in sales last year.
Needless to say, BYD’s production lines are humming and showing no signs of slowing down. Per BYD chairman and president Wang Chuanfu:
Today marks a historic moment for BYD as we witness our 5 millionth new energy vehicle rolls off the production line. On this special occasion, we would like to extend our sincere gratitude to our customers across the globe for their trust in our products, our partners in the industry for this journey shared together, and every one of our employees whose hard work and dedication have made this landmark possible.
This year alone (through July), BYD says it has sold over 1.5 million, 92,469 of which came from markets outside of China like Europe for instance. While that’s a relatively small number compared to overall sales, it’s already more than double the company’s 2022 total – a sure sign that sales (and coinciding production levels) are on track to grow as BYD continues expanding to new territories.
Looking ahead, BYD looks to continue to invest big bucks in R&D and continue to expand its quest to become a household name around the globe. Per its release:
In the future, BYD, already taking the lead in the new energy revolution, will remain true to its aspiration of eco-friendliness and provide better mobility experiences to more customers around the world, accelerating the transition towards a greener future and contributing to its vision to Cool the Earth by 1°C.
Check out a video of the 5 millionth NEV celebration here:
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Volvo Penta will debut its latest modular and scalable battery energy storage system (BESS) platform for the off-grid construction and mining industries at the bauma equipment show – here’s what you can expect.
Best-known for its marine engines and gensets, Volvo Penta is the power production arm of the Volvo Group, specializing in putting energy to work. Operating under the tagline, ‘Made to Move You’, Volvo Penta is headed to bauma 2025 with a plan to keep construction, port shipping, and mining operations moving productively and competitively throughout their transitions to battery and (in theory, at least) hydrogen power.
To that end, the company will show off a job site ready version of the scalable and modular BESS subsystem concept shown last year.
Volvo says its new, modular BESS subsystem will enable other OEMs and third party system integrators to seamlessly deploy electric power to meet the ever-exceeding energy needs in construction and mining.
“Our modular and scalable battery-electric platform is designed to support the electrification ecosystem—combining high-performance drivelines with the crucial energy storage subsystems for efficient charging and operation in construction and mining,” says Hannes Norrgren, President of Volvo Penta Industrial. “We want to meaningfully collaborate with our customers on value-added customization that will enable them to stay productive, efficient, and future-ready.”
The Penta substation at bauma will be built around the company’s “Cube” battery pack, an energy-dense solution with a favorable C-rate designed to make it easy for BESS manufacturers to offer more compact job site solutions capable of charging and discharging energy with high levels of speed and efficiency, enabling both stationary and mobile BESS configurations that can change and grow to meet the evolving needs of a given asset fleet or project.
A Volvo Penta-developed DC/DC unit converts the voltage from the Cube battery packs (600 V) into lower voltage (24 V) for powering auxiliaries and portable offices.
Electrek’s Take
Volvo Penta has always provided power. Historically that’s been from combustion, but the company is looking ahead, developing products that will bring energy to job sites, tractors, and more long after the last ICE engine shuts down.
SOURCE | IMAGES: Volvo Penta.
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Just days after Rivian announced that it would be making its iconic electric delivery vans available to anyone willing to pay for one, the company launched the new Rivian Upfit Program, offering a “one-stop shop” to help fleet managers put its EVs to work.
Launched in partnership with commercial vehicle heavyweights Ranger Design, Sortimo of North America, Bush Specialty Vehicles, Holman, LEGEND, and EV Sportline, the Rivian Upfit Program helps fleet buyers make the switch to electric by simplifying the ordering process and delivering an experience that more closely reflects the experience fleet managers get at dealerships.
Despite partnering with leading brands and launching into a well-establish market, however, the program’s web page seems largely aimed at people outside the space – even kicking off with an explanation of what upfitting is:
Upfitting is the process of customizing a vehicle in order to meet fleet, business, or individual consumer needs to tackle the job at hand. This work is done after the vehicle has been built and released from the factory, and can include everything from shelving modifications, flooring options, to sirens and flashers and much more.
The program was announced on LinkedIn with a number of photos indicating upfit options for Rivian’s R1T and R1S vehicles focused on lifeguard and roadside assistance duty, and Rivian’s van upfit with a HVAC/telecom style toolbox arrangement.
No word on pricing or turnaround time.
Electrek’s Take
The general consensus around the Electrek water cooler is that the direct-to-consumer model offered by Rivian, Tesla, and even CarMax deliver a superior customer experience, I’ve consistently drunk the franchise dealer Kool-Aid, arguing that the industry-leading margins enjoyed by these companies actually indicate they’re giving consumers an objectively worse deal than they’d get in a more competitive dealer landscape.
That same competitiveness has led to talented fleet managers at those franchise dealers putting in the effort to get to know the needs of the businesses and buyers in their regions, to understand what upfit options makes sense for their local markets, and – crucially – what to stock for quick turnaround when their customers need it.
Rivian is hoping its upfit partners will do a lot of that heavy lifting for them, but my two cents is that if building cars is hard, building relationships is harder, and Rivian isn’t going to make a good first impression by talking down to its customers. If you think differently, let me know how I got it wrong in the comments.
SOURCE | IMAGES: Rivian, via LinkedIn.
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For 2025, the Ram ProMaster EV commercial van gets up to 180 miles range from its 110 kWh battery pack, new 12- and 13-foot cargo configurations to meet more fleets’ needs, and a starting price of “just” $56,495. All of which sounds … kind of familiar, right?
When Ram rolled out its ProMaster EV electric cargo van last year, the company promised a huge range of customizable features, 12- and 13- configurations, a “super high roof” variant, and more – even touting a heated windshield. Which is almost exactly what you’ll find hyped up in the latest Stellantis press release for the “All-new 2025 Ram ProMaster EV Cargo Van.”
So, if it’s basically the same van, what’s the story here?
Glad you asked – see, the 2024 announcement for the ProMaster EV made lots of promises, but anecdotal conversations revealed that the vast majority of ProMaster EVs that made it customers last year were the step van version, with its “pocket” side door and roll-up rear door.
That makes sense, considering that’s how Stellantis’ prime customers for the Ram ProMaster EV, Merchants Fleet …
The Ram Truck brand has announced that Merchants Fleet will become a key commercial customer of the all-new Ram ProMaster electric van (EV) that debuts later this year. The agreement calls for the purchase of 12,500 Ram ProMaster EVs.
STELLANTIS; JUN2023.
… and Amazon …
Stellantis, with input from Amazon, designed the vehicle with unique last mile delivery features and Amazon will deploy the vehicles to routes across the United States. Building on the current relationship and as part of the long-term agreement, Stellantis and Amazon will be putting thousands of BEV ProMasters on the road every year.
STELLANTIS; JAN2022.
Spec’ed them out.
Co-developed with Amazon
The story here, then, is that the conventional cargo variants (sliding van door, split-opening rear doors, etc.) are finally available for smaller fleets and van-lifers to order, production capacity apparently having caught up to demand. It’s that van, when ordered in a 12-foot cargo/low roof spec, that pushes that range estimate up to 180 miles. The high-roof version gets a claimed 164 miles of range.
“Our freedom of choice approach with powertrain extends to the Ram Professional lineup with an appropriate solution for last-mile delivery in the Ram ProMaster EV,” says Tim Kuniskis, Ram brand CEO. “With front-wheel drive and a low step-in height, the ProMaster is a solid player and continues to perform well in a wide variety of business sectors, such as the growing home delivery environment, construction services wholesale and IT services among others.”
For 2025, Stellantis has “repositioned” the ProMaster EV step van with a new, lower starting price to match its improved availability. The van can now be had for $69,995 plus $1,995 destination fee. That’s down significantly from the $79,990 starting price for 2024 – proving once again that old adage: good things come to those who wait.
For that money, you get the “All-new” Ram that’s so All-new, in fact, that Stellantis issued almost the exact same press photos they used at the 2024 launch. The order books for the 2025 ProMaster EV officially opened last week.
Electrek’s Take
Commercial vans for regional fleets are a no-brainer. Why? Because fleet managers are focused on the bottom line costs of operating their fleets – and, regardless of their political leanings, EVs cost less to own and operate than comparable ICE models. Until that fact changes, converting whatever assets to they can to electric will remain a priority.
If the “All-new” 2025 model is so similar, the specs so close, the photos so indistinguishable from the 2024 model that it takes your humble author nearly a week to figure if there’s even a story here at all hardly matters for a $10,000 price cut.
SOURCE | IMAGES: Stellantis.
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