BYD Rolls Out Its 19 Millionth NEV as EREV Wholesales Jump 31% MoM
Highlights
- BYD's 19 millionth NEV rolls off the line; Tai 9 pre-orders open
- October EREV wholesales hit 152,000 units, up 31.3% MoM
- Henan: more than 330,000 charging guns by end-2028
BYD: The 19 Million Mark Lands on the Tai 9
BYD's 19 millionth new-energy vehicle rolled off the line on Nov 9 — a Fangchengbao Tai 9 — and the company simultaneously announced that pre-orders for the Tai 9 are open. BYD went from 1 million to 19 million units in under three years: it became the world's first to reach 1 million in 2024, hit 15 million in December 2025 (Denza N8L), 16 million in April 2026 (second-generation Denza D9) and 17 million in July 2026 (Seal 08). (Source: IT Home)
The Tai 9 is Fangchengbao's only 9-series flagship, with four driving-control features standard across the range: the debut of the new DMS hybrid platform, flash charging plus second-generation Blade battery, the Yunian-A body control system (including road preview) and iATS intelligent all-terrain. Official charging figures are "5 minutes to a good charge, 9 minutes to full, just 3 minutes more at minus 30°C"; the large six-seat hybrid layout delivers 1,630 km combined range on a full tank and charge, with God's Eye B driver assistance standard. The top trim, announced the same day, gets a panoramic PHUD sky screen spanning driver and passenger sides. The car officially launches after Nov 15. (Source: IT Home)
Notably, the production milestone and the new model's pre-orders were released on the same day. The Tai 9 carries not just the sales burden of a flagship but also serves as BYD's showcase for packing self-developed tech — flash charging, the second-generation Blade battery — into one vehicle.
EREV Market: The Only Segment Growing on Both Measures as the Broader Market Slips
CPCA data released Nov 9: October national passenger car retail sales were 1.643 million units, down 27.1% year on year; January-October cumulative retail sales were 14.978 million, down 22.3%. With the broader market under pressure, October extended-range vehicle wholesales reached 152,000 units, up 19.9% year on year and 31.3% month on month — the only segment that month to grow on both a yearly and monthly basis. (Source: Leiphone)
The增量 came mainly from Xiaomi: the Pengcheng launched Sept 7 and sold more than 50,000 units in October, its first full delivery month; Xiaomi Auto's total October deliveries topped 50,000. In October's NEV wholesale mix, battery-electric took 67.3%, narrow-sense plug-in hybrids 24.1% and EREVs 8.6%, with the EREV share up 1.6 percentage points month on month. Compare September, when EREV retail sales were 88,000 units, down 17.3% year on year, the NEV share fell to 8.1% and only one of 72 models on sale topped 10,000 units — the market landscape shifted markedly within a month. (Source: Leiphone)
With industry profit margins down to 3.3% and the price war ongoing, whether the EREV recovery lasts depends on whether a second model beyond the Pengcheng can absorb the增量 — something next month's wholesale data will verify.
Charging and Channels: Local Policy Keeps Laying the Groundwork
Henan's Department of Commerce and 18 other departments jointly issued an auto aftermarket action plan, proposing that the province build more than 330,000 charging guns in total by the end of 2028 and accelerate a charging and battery-swap network that is moderately ahead of demand and evenly distributed; it also calls for smart connected vehicle demonstration applications to be deployed first in key areas such as Zhengzhou and the Airport Economy Zone, support for cities and counties to lift pickup truck entry restrictions and give them the same road access as small passenger cars, and exploration of a reference model for assessing battery health in used NEVs. (Source: IT Home)
Another set of data the same day offers a reference point: the Aito M8 has delivered more than 190,000 units in 19 months since launch, which the company says makes it the top-selling SUV in the 400,000-yuan class over its sales cycle; the new M8 is priced from 389,800 yuan in pre-sale, with an 800V architecture across the range, 830 km of range for the battery-electric version and 1,435 km combined range for the EREV version, equipped with Huawei Qiankun ADS 5. (Source: IT Home)