On March 22, BYD announced that the DM-i model has received a batch overseas order for the first time, and the first batch of 500 Qin/Song Plus DM-i will be exported to Colombia.
BYD entered the Colombian market in 2019, delivering 1,000 plug-in models to Colombia in 2021 and having dealers in several Colombian cities. In the electric bus market, BYD has sold more than 1,550 electric buses in Colombia, accounting for 96.5% of the country's electric bus market.
More and more Chinese automakers are exporting overseas, and their influence in the offshore market is increasing. The biggest factor restricting BYD's exports abroad is its production capacity. BYD's blade batteries have been in short supply, the vehicles produced can not meet the domestic demand for cars, and the hot-selling models have been in a state of shortage. BYD must rapidly expand production before it can further implement its overseas strategy.
Even if BYD is in short supply in China, it is best to even out part of its production capacity to implement the overseas strategy. The Chinese market will one day be saturated, and then it will compete with the international market. Entering the overseas market early will help BYD gradually establish its popularity and let overseas users understand the advantages of BYD-related models.
BYD DM-i models are more applicable, if the user has their own charging conditions, then it can often be pure electric driving, the cost of use is very low. Even if the user can only refuel, the fuel consumption of DM-i models is very low, and even in the current period of high oil prices, the user's use cost will not rise too sharply. In addition, dm-i models can more smoothly enter countries with less complete charging infrastructure.
With the development of automobile electrification and intelligence, Chinese automakers will face unprecedented opportunities. The future of electric vehicles will become computers with 4 wheels, and intelligence will become the key to new energy vehicles. In terms of software and assisted driving, China and the United States have many companies with good strength in this regard.
The advantage of American companies is that they have accumulated more software and hardware technology, and they can relatively easily recruit talents related to chip design, can use chip design software more conveniently, and can design excellent chip products relatively easily.
Some Chinese companies have a certain accumulation in the field of assisted driving, and BYD's assisted driving has also reached the L2 level, but there is still a certain gap between daily use and Tesla. If BYD can continue to improve in terms of intelligence, it will not worry about opening up overseas markets.