On January 6, the Financial Associated Press reported that BYD said on the investment interactive platform:
In December 2021, the company's new energy vehicle order demand continued to be strong and maintained a sustained growth momentum; affected by the epidemic in Xi'an in the second half of the year, the output of the company's Xi'an automobile production base was affected to a certain extent, and as of January 3, 2022, the production of the Xi'an base has basically returned to normal.
BYD's production base in Xi'an is mainly used to produce the two compact models of Qin and Song, which is basically BYD's most popular model. Since the epidemic in Xi'an in late December, BYD has been able to quickly control the epidemic and should not have much impact on production in the future.
Bydir park can be relatively closed, many of the car assembly lines are now operated by robotic arms, the labor density will not be particularly high, and the possibility of infection of large batches of people is low. Moreover, all aspects of the company's epidemic prevention will generally be relatively in place, as long as the external transportation is not blocked, the epidemic should not have a particularly large impact on BYD.
Xi'an Park is a relatively important production base for BYD. BYD was founded by Wang Chuanfu in 1995, and initially only produced rechargeable batteries. In the early days, due to the patent issue of battery manufacturing, he also had litigation experience with Japan's Sanyo Electric and Sony. In 2003, BYD acquired 77% of the shares of Xi'an Qinchuan Automobile for 270 million yuan, obtained car manufacturing qualifications, and officially entered the car industry.
Therefore, the Xi'an base, as the initial production line of BYD Automobile, still plays a very important role. However, BYD has established a number of production bases throughout the country, and the Xi'an base will not have much impact if it has a slight problem.
ATD's current real bottleneck is that the output of blade batteries is too low, and it cannot meet the supply of its own models now, and it cannot be supplied to the outside world for the time being. On August 5, BYD established a new battery company in Wuwei City, Wuhu, Anhui Province, named "Wuwei Fudi Battery Co., Ltd.", with a registered capital of 50 million yuan, mainly for the production of batteries. Only when the output of BYD blade batteries rises can we further expand the share of the new energy vehicle market.
BYD's current intelligence is relatively general, consumers will not be satisfied with L2 level assisted driving, BYD also needs to continue to work in this regard to continuously increase product strength.