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Short comment: BYD's death sentence to its own fuel vehicles is not surprising

Short comment: BYD's death sentence to its own fuel vehicles is not surprising

BYD finally took its own fuel car and sentenced it to death, and before the news was announced, it had already begun execution in March.

Although the incident happened suddenly and there did not seem to be much of a warning in advance, if you look at BYD's product structure since last year, you can find that fuel vehicles have become more and more insignificant in BYD's passenger cars.

According to the sales data released by BYD, BYD sold 730093 passenger cars in 2021, but only 136348 fuel vehicles. In January this year, BYD sold a total of 95,180 passenger cars, and only 2,254 fuel vehicles, not even 3% of the total sales. By February, BYD had sold 90,268 passenger cars and only 2,795 fuel vehicles. That is to say, last year, BYD's fuel vehicles can sell more than 10,000 units a month on average, accounting for more than 15% of the total sales, and this year, the average monthly sales of fuel vehicles have exploded to more than 2,000 units, accounting for about 3%.

Short comment: BYD's death sentence to its own fuel vehicles is not surprising

Source: BYD Auto's official WeChat public account.

If the fuel vehicle is produced at such a sales volume, it will not only lose money seriously, but also occupy resources, and no car company will do such a business. What's more, BYD's head Wang Chuanfu has always been shrewd, and it is naturally very reasonable to simply stop production of fuel vehicles in March.

However, Wang Chuanfu should be relieved that although BYD's fuel vehicles are dying, its new energy vehicles are in the limelight, not only making up for the decline of fuel vehicles in terms of sales, but also setting a new high in BYD's historical sales. Since Wang Chuanfu entered the car, fuel vehicles have not made him a big splash, but new energy vehicles have finally won him glory.

In fact, in order to be able to overtake in the new energy field, Wang Chuanfu has not been less popular. The most memorable thing is that in November 2018, he and Zeng Yuqun put forward the proposal of "clarifying the timetable for banning the sale of fuel vehicles as soon as possible" at the bi-weekly consultation forum of the National Committee of the Chinese People's Political Consultative Conference, which immediately caused an uproar in public opinion. In July 2019, Wang Chuanfu once again raised the issue of banning the sale of fuel vehicles at the World New Energy Vehicle Conference, which caused a controversy and ridicule, and even some people doubted the motives behind him.

In particular, although Wang Chuanfu's attitude was radical, he did not first set a timetable for the suspension of sales and production of his own fuel vehicles, but Xu Heyi, who was the chairman of BAIC Group at the time, declared to the outside world: "By 2020, take the lead in completely stopping the sales of traditional fuel passenger cars of independent brands in Beijing, and completely stop the production and sales of traditional fuel passenger cars of independent brands in China by 2025."

Hot commentators noted that whether it is 2018, or 2019 and 2020, BYD's new energy vehicles have not caught up with its fuel vehicles in terms of sales, and fuel vehicles are still an important support for BYD, and Wang Chuanfu naturally does not dare to take himself out as an example and example.

In addition, Wang Chuanfu's BYD has received a large number of subsidies from the state through new energy vehicles over the years, as well as the huge benefits that may be brought by the double integration of new energy vehicles, are often envied to make money.

Now, Wang Chuanfu finally took the initiative to take the initiative to sentence his own fuel car to death, not only realizing his previous wish, but also estimating that no one will come out to scare him this time, and he should be honored this time. Although there may still be people who are not convinced, thinking that Wang Chuanfu has enjoyed so many national policy dividends, this is also a vision that people will bet on and know how to go with the trend.

In any case, as a producer of mobility tools, Wang Chuanfu's BYD is contributing to the carbon emission reduction of passenger cars with practical actions this time. At the same time, With the help of the rolling tide of new energy development, Wang Chuanfu has come all the way, exhausted his heart and brains, and now he has first realized his dream in his own family, and he should be congratulated!

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Short comment: BYD's death sentence to its own fuel vehicles is not surprising

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