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

Recently, there are network news that a new round of price increase information of BYD manufacturers will be announced on the evening of April 5, with a minimum price increase of 3,000 yuan.

In this regard, on the evening of April 5, Li Yunfei, general manager of BYD's automobile brand and public relations business department, posted on Weibo that this is false news. Subsequently, BYD Automobile's official Weibo @ BYD Auto forwarded the Weibo and commented: "Please do not believe in rumors, do not spread rumors." ”

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

Since the beginning of this year, BYD has raised its price twice.

The first time was on February 1, WHEND adjusted the price of some new energy models, ranging from 1,000 to 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 15, WHEND announced after the "3·15" party that it would adjust the official guidance price of new energy models related to Dynasty Network and Ocean Network, with an increase of 3,000 yuan to 6,000 yuan, due to the impact of the continuous sharp rise in raw material prices. The price adjustment took effect quickly from 00:00 on March 16, which caught many prospective car owners who intended to buy a car off guard.

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, the company will focus on pure electric and plug-in hybrid vehicles in the automotive segment. ASD thus became the first traditional car company in the world to announce the suspension of fuel vehicles.

In addition, 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 were 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.

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Edited by Yiyi Wu

Editor-in-charge Li Gengguang

Producer Xiao Han

Proofreading Yu Fanghua

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