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Another $3,000 increase? BYD responded late at night

Per Editor: Du Yu

On April 5, a WeChat group announcement showed a notice: BYD manufacturers a new round of price increase information will be announced on the evening of April 5, the lowest price increase of 3000, please contact all sales consultants who are interested in the near future to pay a deposit first, ask customers for identity information, do a good job in the manufacturer system report, avoid customer losses, and all people receive a reply!

Another $3,000 increase? BYD responded late at night

In response to the online rumor that "BYD will have a new round of price increases", Li Yunfei, general manager of BYD's automobile brand and public relations business department, posted on Weibo that this is false news.

Another $3,000 increase? BYD responded late at night

At the same time, bydir Auto's official Weibo also forwarded, "Please don't believe in rumors, don't spread rumors." ”

Another $3,000 increase? BYD responded late at night

According to public information, in 2022, BYD has raised prices twice, the first time on February 1, with an increase of 1,000-7,000 yuan, due to the sharp rise in raw material prices and the decline of new energy car purchase subsidies.

The second time was on March 16, with an increase of 3,000-6,000 yuan due to the impact of the continuous sharp rise in raw material prices.

Image source: BYD's official Weibo

According to BYD's March 2022 production and sales report, the output of new energy vehicles in March was 106658 units, an increase of 416.96% year-on-year; sales volume was 104878 units, an increase of 422.97% year-on-year. In March, the total installed capacity of new energy vehicle power batteries and energy storage batteries was about 5.353GWh, and the cumulative installed capacity in 2022 was about 14.738GWh. In March, the production and sales of fuel vehicles were 0.

Previously, BYD's annual report disclosed that the company achieved operating income of 216.142 billion yuan in 2021, an increase of 38.02% year-on-year; net profit attributable to shareholders of listed companies was 3.045 billion yuan, down 28.08% year-on-year; net profit attributable to shareholders of listed companies after deducting non-recurring gains and losses was 1.255 billion yuan, down 57.53% year-on-year.

In addition, it is worth noting that on the evening of April 3, BYD announced on the Hong Kong Stock Exchange that according to the company's strategic development needs, the company will stop the production of fuel vehicles from March 2022. In the future, in the automotive segment, the company will focus on pure electric and plug-in hybrid vehicles.

BYD also posted the news on its official Microblog.

Another $3,000 increase? BYD responded late at night

Daily Economic News synthesizes BYD's official weibo, Sino-Singapore Jingwei, and public news

Daily economic news

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