Since the epidemic swept the world at the end of 2020, the economic development situation in many countries in the world is not optimistic. Looking at the world, the only one who can maintain stable economic growth under the influence of the epidemic is China. Under the country's macro-control, not only the epidemic situation has been controlled to a large extent, but the economy is also moving in the direction of positive growth.
According to the data research content of the United States professional, in the next ten years, China's core position in the world's manufacturing industry will not waver. In such a market background, not only many domestic manufacturing enterprises have sprung up, but many foreign companies have laid out the Chinese market in order to seize the opportunity, and the automotive industry is one of the representatives.
Since the beginning of the first industrial revolution, the arrival of the industrial age has destroyed the natural balance to a certain extent, there is a contradiction between economic development and environmental resources, resource shortage and environmental pollution have long developed into a global problem, and how to achieve sustainable development has become a problem that all countries in the world are thinking about. The development of industry is inseparable from the power, the previous coal, oil, natural gas and other non-renewable energy is a must for industrial construction, but these resources are limited after all, people from the future considerations, embarked on the road of new energy research.
In recent years, the benefits of new energy have become more and more obvious, the characteristics of small pollution, renewable characteristics make new energy popular, new energy is also invested in all walks of life, the most common input is the automotive field.
When it comes to new energy vehicles, the first thing that comes to mind should be Tesla, which occupies the leading position in the field of new energy vehicles. It is understood that Tesla's annual sales in China reached more than 56.7 billion yuan, which can be said to be the only foreign capital, but such an era will eventually pass, and our domestic research on new energy in the automotive industry is no less than that of developed countries. There is a car company that surpasses Tesla in monthly sales to become the first automobile group in China and the third in the world.
With keen insight, Tesla has seized the limelight of the development of new energy in the market, all the way up, becoming one of the earliest profitable enterprises using new energy. So far, Tesla has been established less than twenty years ago, its market value has exceeded trillions of DOLLARs, is the world's first car brand that can reach a trillion market value, even the old brands in Germany and Japan are lamenting themselves.
China's auto market is one of the best in the world, especially for Tesla. Tesla's sales of 10 billion yuan in China account for a quarter of its global revenue. At the same time, according to 2021 data, in the first three quarters, Tesla's revenue in China was more than nine billion US dollars, and the annual car delivery in China reached 930,000 vehicles, an increase of more than 80% compared with 2020, and China undoubtedly became Tesla's second largest market in the world.
Tesla's prominent position in the field of new energy vehicles in China is unquestionable, but this does not mean that domestic car brands are far behind it. With the breakthrough in new energy technology, the mainland's automobile brands are ushering in an unprecedented period of rapid development, first of all, like Xiaopeng, Weilai Automobile and other rising stars have emerged, and then the domestic veteran automobile companies are not far behind, changing the traditional fuel vehicles, turning to the research of new energy vehicles, speaking of this, we have to mention the best of them - BYD.
ON THE ROAD OF DEVELOPMENT, BYD has always adhered to technology-based, focused on innovation, diversified development, belongs to the whole industry chain of independent manufacturing, covering batteries, electronics, commercial vehicles, passenger cars and rail transit and other fields.
For some new energy vehicles based on assembly, although the development method of independent research is not a shortcut to profit, it will be much more difficult, but it will undoubtedly make BYD go safer and more stable. Through a large investment in research and development, BYD also has its own exclusive technology, which has become one of BYD's biggest advantages in the development process.
In 2021, BYD once again won the championship in the domestic auto market, with nearly 600,000 passenger cars sold, and 88,000 units sold in October 2021 alone, an increase of 90 percent compared to 2020. BYD's car sales are getting hotter and hotter, the company's market value has already exceeded 700 billion yuan, although there is still a gap from Tesla's trillion market value, but BYD has become China's number one automobile company, from the world's perspective, also entered the top three. According to today's development trend, BYD's new energy vehicles have great potential for development, and it is only a matter of time before it enters the trillion market value.
It has to be said that BYD, with its own strength, has not only brought pressure to the Chinese automotive industry, but also brought a strong sense of oppression to Tesla, a new energy vehicle giant. And domestic car brands want to survive this impact, innovation is fundamental.
Chinese manufacturing has long been all over the world, in China's development of the situation is getting better and better, China's manufacturing to China's creation, so that the world's attention is also expected.