ZAGREB, 24 April (Hina) - Chinese vehicle manufacturer BYD (Build Your Dreams), which sold over 4.3 million cars last year and recorded revenues of nearly €100 billion, has officially entered the Croatian market.

Operating in more than 80 countries across six continents, BYD has set a global sales target of 5.5 million vehicles for this year.

Founded in 1994, BYD is a manufacturer of fully electric and plug-in hybrid vehicles. It has independently developed its own powertrain systems, batteries, automotive semiconductors, as well as motors and motor control systems.

Last November, BYD became the first car manufacturer in the world to reach the production milestone of 10 million electric and hybrid vehicles. According to Wednesday's statement from the company, BYD employs more than 120,000 engineers and technicians in research and development and files over 45 new patent applications every working day. It employs over one million people worldwide.

Stella Li, BYD’s executive vice president, says the company's mission is to make sustainable technologies accessible to as many consumers as possible.

Every new market in Europe is therefore extremely important to us, and establishing a presence in Croatia represents another milestone in our expansion, she was quoted as saying.

The development of the electric and plug-in hybrid vehicle market in Croatia is showing a positive trend, and we are proud to offer cutting-edge technology and innovative solutions through our advanced vehicle lineup, she added

Four models are available to Croatian customers - three fully electric models: the BYD Seal, BYD Seal U, and BYD Sealion 7, as well as the plug-in hybrid model BYD Seal U DM-i. The official distributors are Auto Hrvatska and Harmony New Energy Auto Service Zagreb.