In China, there is a new energy vehicle company that is showing a brand aura that competes with Tesla, and he is BYD.
On January 3, BYD Automobile announced its passenger car sales for December 2021.
According to the data, BYD's passenger car sales in the whole series of 97,990 units in the month, up 77.9% year-on-year. The real point is that the sales of new energy passenger cars soared by 236.4% year-on-year to 92,823 units, breaking through the 90,000-unit mark for two consecutive months.
Through the calculation, BYD's total sales in 2021 730093, an increase of 75.4% year-on-year; the annual sales of new energy passenger vehicles were 593745, an increase of 231.6% year-on-year. This is a new Record in China as of now, 2.4 times the previous record.
When the industry is afraid of Tesla as a catfish stirring up the market, a Chinese car company has shown prominence in the fierce market competition, and it is also a company that is not "optimistic" by Musk.
In 2011, Musk participated in a media interview.
The host mentioned BYD to Musk, saying that BYD has built a factory on the West Coast of the United States and has received investment from Buffett, asking Musk what he thinks of this competitor?
Musk first laughed, and then asked the host, "Have you seen BYD's car?" In Musk's eyes, BYD's technical strength at that time may not be an industry rival worth Tesla's attention.
Moreover, Musk's contempt for BYD may not only be aimed at the Chinese car company, but also because Musk and Buffett are not harmonious personal relationship, Musk ridiculed BYD, there will be more or less his own contempt for Buffett.
Of course, Musk, who was crowned as the "richest man in the world", certainly has this arrogant confidence, but Buffett did not invest in Tesla, but invested in BYD, and this move itself can explain some problems.
Perhaps in Buffett's eyes, BYD is the new energy car company that really has a "moat".
When it comes to BYD's technical "moat", the first is the blade battery on which BYD is famous.
In March 2020, BYD released the blade battery, and in the industry anxiety of the safety of a new energy battery, BYD gave its own solution.
Blade battery, as the name suggests, the entire battery shape is like a "knife", flat, narrow and long, can be neatly stacked like a blade in the battery pack, increasing energy at the same time, reducing costs.
But what really makes the blade battery famous is that in order to verify its safety, BYD has carried out an extreme safety test that can be called "hellish": acupuncture test. The experimental process will take a high-temperature steel needle, pierce the battery from a vertical angle, if the battery can persist for an hour without fire, do not explode, the quality is qualified, but because the test pass rate is extremely low, it is not widely adopted.
As a control, the ordinary lithium iron phosphate battery and the NCM622 ternary lithium battery that participated in the experiment together have the phenomena of deflagration, heat and smoke, etc., of which the surface temperature of the ternary lithium battery shell soared by more than 500 °C, and the flame soared into the sky.
In contrast, the test results of blade batteries are more stable, after being pierced by steel needles, there is no deflagration or smoke, and the battery housing temperature is stable at 30 ° C -60 ° C.
In 2020, bydir Han EV was first equipped with blade batteries, and the endurance of the ultra-long endurance version reached 605 kilometers, which ensured the battery safety of the vehicle while taking into account the safety to the greatest extent.
In November and December, BYD Han EV sold more than 10,000 yuan for two consecutive months, becoming the first pure electric medium and large sedan with monthly sales of more than 10,000 yuan in China, and sales in December were 10301, becoming the only Medium and large sedan of Chinese brands in the domestic auto market that can directly compete with BBA.
Not long ago, in the winter endurance test of six electric vehicles announced by CCRT, the bydir Han EV low-temperature battery life decline rate was -30.9%, and the lowest decline rate among the six electric vehicles, surpassing other new energy models such as Tesla Model 3-36.9%, with obvious performance advantages.
Buffett's partner, Charlie Munger, once commented on Bydie Wang Chuanfu: saying that he is a combination of Edison and Welch, good at turning ideas into reality, BYD blade batteries may be one of wang Chuanfu's many successful cases of turning his fantastic ideas into reality.
Of course, technological innovation on the battery alone is not enough to support BYD to challenge Tesla.
Wang Chuanfu said: "How can a nation that can make a spaceship go to heaven without automotive technology maniacs?" "The obsession with technology has prompted BYD to develop new technologies with originality such as DM-i super hybrid and e-platform 3.0.
Speaking of DM system, BYD has been invested in research and development since 2003, and launched the first generation of DM hybrid in 2008, and as of now, BYD's DM-i super hybrid is the fourth generation.
Different from the traditional hybrid, BYD puts the power core on the "electricity", DM-i super hybrid is a set of electric-based hybrid architecture, from the structure to balance the engine and motor between the collaborative work, so as to achieve the economy of the vehicle.
Dm-i here is synonymous with wisdom, energy saving and high efficiency, among which the 1.5L engine for Xiaoyun plug-in hybrid has achieved a thermal efficiency of 43.04%, and achieved high thermal efficiency by deleting the complex and simplifying the structure.
According to the plan, the 2022 Song Pro DM-i will debut in Suzhou on January 9, the car accelerates by 7.9 seconds per 100 kilometers, consumes 4.4 liters of fuel per 100 kilometers, and has a comprehensive cruising range of 1090 kilometers, and stems from the economy of DM-i itself, the lowest price of the 2022 Song Pro DM-i is 148,800, which is a very affordable price.
Of course, the breakthrough of the hybrid structure is only a part of BYD's technical layout, in the field of pure electricity, BYD also has its own e-platform 3.0, aiming to provide users with cost-effective, high-performance, high-quality pure electric models.
In terms of drive system, BYD e platform 3.0 will be deeply integrated with eight components such as vehicle controller, motor controller, battery manager, etc., and develop the world's first eight-in-one powertrain, thereby improving space utilization, reducing the weight of this car, and other core components such as blade batteries, so that the maximum driving range of BYD e platform 3.0 can break through the 1000 km mark, and zero hundred acceleration is further increased to 2.9 seconds.
Wang Chuanfu said: E-platform 3.0 is the product of BYD's integration of knowledge and action for many years, is the most critical layout of BYD in the transformation of new energy vehicles, from electrification in the first half to intelligent in the second half, and is the cradle of the next generation of electric vehicles, helping the world to realize the green dream.
Betting on technology has enabled BYD to achieve a positive development cycle, and consumers, investors, companies, and industries have all shared dividends in BYD's growth.
As of the beginning of 2021, Berkshire Hathaway, which invested in BYD, achieved a 25-fold increase, but they did not choose to take profits, Charlie Munger said: BYD is in a favorable position in the process of China's industrial chain from fuel to new energy, they like this Chinese company, and tend to continue to hold BYD stock.
In the early days of BYD's entrepreneurship, there were not many people in the company, but a considerable proportion of them were technical research and development personnel, including Wang Chuanfu himself, who also graduated from metallurgical physical chemistry.
Whether it is industry serving the country or technology serving the country, BYD has become a leading enterprise that must be mentioned in China.