KATHMANDU, March 27 -- BYD, a multinational high-tech Chinese company, has launched its seven millionth new energy vehicle (NEV) the DENZA N7.

According to the company, it unveiled its groundbreaking record unit car at its Jinan factory in China on Monday.

BYD reached the production of one millionth NEV in May 2021 and rapidly multiplied this figure over the period, showcasing a robust end-to-end supply chain and the effect of scale. In 2023, BYD's cumulative annual sales of NEV soared to 3.02 million units.

Proactively engaging with the international market, BYD quickly expanded its global footprint in 2023, witnessing a surge in overseas new energy passenger car sales that exceeded 240,000 units-a 337 percent year-on-year growth-maki...