Ovzn, March 25 – On March 24, BYD released its 2024 annual report, reporting a total revenue of 777.1 billion RMB and a net profit of 40.25 billion RMB. In contrast, the estimated market size of China’s additive manufacturing industry in 2024 is approximately 50 billion RMB, meaning BYD’s revenue alone exceeds the entire Chinese additive manufacturing sector by more than 15 times.
More notably, the report includes information related to 3D printing. Under its mobile components and assembly business, BYD has continuously enhanced product competitiveness through technological innovation, driving the expansion of its new intelligent product segment, which includes 3D printers and AI servers—both of which have already entered mass production. Additionally, BYD has completed the development of liquid cooling and power supply products.
Since this financial report covers 2024, it can be inferred that BYD’s 3D printing business had already reached mass production in the previous year. These new product lines are injecting fresh momentum into the company’s overall growth. This raises speculation as to which company BYD may be manufacturing these 3D printers for.
According to the report, the 3D printing business falls under the “mobile components, assembly, and other products” segment, which generated 159.61 billion RMB in revenue in 2024, reflecting a 34.6% year-on-year growth. By leveraging its expertise in precision manufacturing, sensor technology, and AI algorithms, BYD is strategically entering the 3D printing sector, exploring opportunities in both industrial and consumer-grade markets.
