BYD: Goodbye, fuel car!

The end of the old era is the beginning of a new era.

On April 3, BYD Automobile officially announced the suspension of vehicle production of fuel vehicles, and in the future, BYD Automobile will focus on pure electric and plug-in hybrid vehicles.

As the world's first car company to announce the suspension of fuel vehicles, the era of new energy vehicles belonging to BYD has begun in full swing.

The collapse of the old world is not a bang, but a sigh.

Here, the vast majority of joint venture brands are still the masters of fuel vehicles, and more than 95% of the production and sales of fuel vehicles have made their new energy transformation falter.

Over there, it is the story of new energy ALL IN with different versions and different voices of the joint venture brands.

Churchill wrote in The Second World War that it is useless to say that "we tried our best", you have to succeed in what you have to do.

The proverbs of Western philosophers have a different footnote in the far East.

belief

Why BYD again?

Friends who support BYD will definitely have such a feeling that in recent years, BYD has won the hemp, whether it is the capital market or the automobile market.

Stopping the production of fuel vehicles and fully embracing new energy is a decision for TOD today that is both confident and pragmatic.

In the first quarter of this year, BYD's sales of new energy vehicles exceeded 285,000 units. In particular, the great victory of dm models has fully fulfilled the mission of "subverting" traditional fuel vehicles.

Behind the glamour, of course, is a collection of heartache, stoicism, and sweat.

When BYD's new energy vehicles are only a few hundred units per month, BYD still firmly believes that the mass production of new energy products in the future is the ultimate goal.

When BYD's fuel vehicles and new energy vehicles each accounted for half, BYD did not shy away from saying that the production of fuel vehicles was for the research and development of new energy vehicles.

While joint venture brands are making money lying in the domestic market, BYD is undergoing a metamorphosis from vertical integration to full openness...

In the voice of doubt, in the face of difficulties, the story of BYD car manufacturing that people have praised has also ushered in an unprecedented reversal.

Romain Rolland said that the most terrible enemy is the lack of strong faith. BYD has always had, so it has always been brave.

On the one hand, BYD's belief is both a vision of the collective destiny of mankind.

Bydir focuses on the national "double carbon" strategic goal, adheres to the new development concept of "innovation" and "green", leads the transformation of the automotive industry with the driving force of scientific and technological innovation, and promotes the sustainable development of society with a green and low-carbon cycle.

This is the motivation for BYD to launch the first generation of DM technology as early as 2008, and along this technical route, the full performance of plug-in and hybrid products has been brought to the global front-line height.

On the other hand, BYD's belief is also the persistence and enterprising of core technology.

Fossil fuels are in short supply, oil prices continue to rise, and the development of new energy vehicles cannot rely on nickel and cobalt to solve energy security problems. As a result, BYD has created more efficient and safer blade batteries.

The e-platform 3.0, which represents intelligence, efficiency, safety and aesthetics, came into being, and BYD's strategic aircraft carrier for the next decade was born.

BYD's successful transformation of the entire volume is based on a complete logical closed loop: faith supports technology research and development, technology research and development gives birth to scientific and technological products, scientific and technological products stimulate positive feedback in the market, and positive feedback from the market makes the belief firmer.

wish

With the width of the market, the thickness of technology, and the height of supporting the brand, this is bydy's multi-integrated development plan.

What kind of trajectory BYD will follow in the future has also become an unavoidable topic.

Stand in the present and look to the future. In March, BYD sold 104338 units, becoming the first self-owned brand with monthly sales of new energy vehicles exceeding 100,000. Among them, 53,664 EV pure electric models were sold, and 50,674 DM plug-in hybrid models were sold.

In fact, the sales pattern of EV and DM has gradually been established since the second half of last year. The main market strategy of "two legs, walking in unison" has come to fruition.

EV represents the future, DM represents from the present to the future, the reason why BYD can not venture forward, not abruptly a big step ahead, is that it has successfully solved the inevitable long transition from oil to electricity in the automobile industry, and completely embraced the beautiful future of the power revolution.

In March, while BYD "stopped burning", it also stopped selling all models under 100,000 yuan. After years of self-determination, BYD is fully realizing it in a more advanced way.

"Time is a friend of a wonderful cause, but it is the enemy of a mediocre cause." Buffett, 92, always has his own unique view of time.

The story of him and BYD in the capital market continues to write a legend over time. Between BYD and the world, the same time is the bond, the past is no longer nostalgic, the future is already close at hand.

Obviously, BYD's complete transformation is destined to be written into the history of China's automobile industry development.

In the future, the global new energy vehicle market will be the forbidden war between BYD and Tesla, and the winner between the two is the king of global sales, which is beyond doubt.