YIZUMI Won a Major Order for the All-Electric Injection Molding Machines From BYD

A few days ago, YIZUMI has successfully won a major order from BYD, a leading new energy vehicle (NEV) manufacturer, with a winning amount of more than 300 million CNY, including VAT!

The winning models are mainly all-electric injection molding machines with clamping force from 90 tons to 550 tons, suitable for the production of different sizes of interior and exterior car trims in NEVs.

This cooperation indicates that the technical strength of YIZUMI has once again been recognized by the leading NEV enterprise.

BYD leads the global sales of electric vehicles

Demonstrating its competitive brand strength

BYD, as the biggest manufacturer of NEVs in China, has already achieved its global distribution with the rapid development over twenty years. In addition, BYD also has played a pivotal role in electronics, vehicles, new energy, rail transport and so on.

According to the data released from BYD official, it has sold 641,400 cumulative NEVs in the first half of 2022 with a YOY growth of 314.9%. Moreover, BYD has surpassed Tesla as the new top manufacturer globally and entered the Fortune Global 500 2022 for the first time with such explosive sales growth of NEVs, demonstrating its competitive brand strength.

A few days later, in July, BYD officially announced its entry into Japan, one of the major automobile production and export countries, indicating its solid confidence and determination to compete in the international high-end market.

Soaring demand for NEVs

The injection molding machines usher in a period of dramatic growth

With the soaring demand for NEVs, BYD's development has been constrained by its production capacity. In this regard, BYD has proactively invested and built its new production bases in Hubei Province and Guangdong Province respectively this year. Especially in Shenzhen City and Shantou City in Guangdong Province, it has won the bids of 3 pieces of industrial land for NEVs with a total area of more than 2 million square meters.

With the continuous improvement of the performance and quality of Chinese injection molding machines, the entire scale of production and sales of the industry has ranked first globally for few consecutive years. Simultaneously, the local NEV accessories are more and better to answer the needs of manufacturers, so the domestic injection molding machines has ushered in a period of dramatic growth with the soaring demand for NEVs.

Up to now, more than 100 YIZUMI all-electric and two-platen injection molding machines have been ordered by BYD to fulfill its requirements in NEV production since 2018.

Up to 18 YIZUMI two-platen injection molding machines were delivered to the BYD's Hefei plant

In recent years, the stable and smooth performance of YIZUMI's injection molding machines has stiffened the firm collaboration between BYD and YIZUMI and is the key factor to win this major order.

Focus on this cooperation, BYD upgraded its intelligent and automated production by operating a series of effective YIZUMI all-electric injection molding machines.

Better matched to the strict demand for upgrading

YIZUMI contributes to the higher growth of automakers

NEVs now are the key business trend for the transformation and upgrading of the automobile industry globally. The development of them has become a common choice to reduce greenhouse gas emissions, address the challenges of climate change, and improve the global ecological environment.

To keep up with the changes, upstream manufacturers should be forward thinkers. YIZUMI, a leading manufacturer in the molding equipment industry, is well aware that adopting cleaner energy resources and reducing energy consumption will be the future trend.

YIZUMI all-electric injection molding machine

YIZUMI all-electric injection molding machine adopts a modularization design that clamping units and various injection units can be combined flexibly as customers' requirements, with injection speed at about 160-500 mm/s, the position accuracy of injection and mold opening & closing is within 0.03 mm. In addition, with advantages of high precision, high efficiency, high stability and automation, it could satisfy the requirements of global customers in different sectors.

Due to the deep understanding and high technical level of the automotive industry, YIZUMI machines can match to the requirements of NEVs in a higher level, and are applicable to the production of interior and exterior of various NEVs, such as lights, air conditioners, etc. Therefore, YIZUMI's products and technologies can response to the customers' needs better and contribute to the higher growth of automakers with a substantial demand for NEVs.

In the future, YIZUMI is expected to enter the high-end automotive manufacturing chain, and become a better cost-effective solution provider by continually introducing new processes and turnkey solutions.

*The Data above were acquired by testing in the factory, only for your reference. As to the specific data, please refer to the actual equipment.