Today (April 3), BYD announced that it will stop the production of fuel vehicles and will focus on pure electric and plug-in hybrid vehicles in the future, which means that BYD has become the first company in the world to stop the production of fuel vehicles.
For BYD's after-sales service of fuel vehicles sold, BYD announced that it will continue to provide perfect service and after-sales guarantee for existing fuel vehicle customers, as well as the supply of spare parts throughout the life cycle to ensure worry-free travel.
The withdrawal of BYD fuel vehicles from the stage of history is a bit abrupt, but it is also reasonable. Starting from BYD's layout of new energy vehicles, the focus of research and development has begun to tilt. In the past few years, bydir released new technologies can be glimpsed, DiLink intelligent network system, BYD e platform, put forward the concept of "33111", D++ open ecological platform, DM dual-mode system, blade battery, etc., which is undoubtedly in the transformation of the development of new energy vehicles. Only by mastering key core technologies can you control your own destiny, and BYD has done it.
From the sales point of view, BYD's fuel vehicle sales accounted for a shrinking share of BYD's total sales, in 2021 BYD fuel vehicles accounted for only 18.7% of total sales, with the fuel vehicle for a long time has not been replaced, the proportion of sales will further shrink, and also encroached on the production resources of other new energy vehicles.
Earlier, BYD Chairman Wang Chuanfu said at the China Electric Vehicle 100 Forum that according to the development rate in 2021, the penetration rate of new energy vehicles is expected to reach 35% in 2022. Stopping the production of fuel vehicles is in line with national conditions and the marketing needs of enterprises, and the advantages outweigh the disadvantages.
In March this year, BYD's sales were released, and the entire series sold 104338 vehicles, once again creating a record high! DM plug-in and hybrid sales of 50674 vehicles, a year-on-year surge of 615.2%; EV pure tram sales of 53664 units, an increase of 229.2% year-on-year, 0 fuel vehicles, fully reflects BYD's adherence to dm plug-in hybrid, EV pure electric "two legs, go hand in hand" strategy.
In today's bad environment, which is plagued by chip shortages, parts shortages and price increases, and epidemic shutdowns, many car companies are troubled by it, and production capacity cannot keep up. However, BYD has made a bold attempt to let employees live in the closed park, coupled with BYD's supply chain is basically self-sufficient, relying on less external forces, ensuring production capacity, which is the early investment has been rewarded, but also for the continuous creation of new sales to find the answer. The popularity of new energy vehicles is the trend of the times, and it is natural to be prepared one step ahead of others.
Orange Persimmon Interactive Express Review Reporter Zhang Jingsong