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Who gives confidence to discontinued fuel vehicles, is BYD sitting back and relaxing, or is it expanding its territory?

Recently, from the bydir official announcement of the news, BYD can be said to be the first to stop the production of fuel vehicles, according to the official release of the news, in response to their own strategic development needs, since March this year officially stopped production of fuel vehicles, the future will focus on the production of pure electric (EV) and plug-in hybrid (DM) models. This strategic adjustment of BYD, it can be said that it caused a wave of turmoil in the car circle, throughout the world, although many car companies have mentioned the suspension of fuel vehicles but have given a timetable, and BYD announced the official suspension of fuel vehicles, which also marks that BYD has become the world's first car company to announce the suspension of fuel vehicle production. For such behavior to discontinue fuel vehicles who give confidence?

Who gives confidence to discontinued fuel vehicles, is BYD sitting back and relaxing, or is it expanding its territory?

According to bydir's recent march sales data released by BYD, BYD's full range of models sold a total of 104338 vehicles, of which DM plug-in and hybrid models sold a total of 50,674 vehicles, while EV pure electric series models sold a total of 53,664 vehicles.

From the data can see that the sales of new energy vehicles occupy the majority, and the sales of fuel vehicles can be said to be almost negligible, according to the data, as of 2021, BYD's fuel vehicle sales have fallen to 140,000, compared with BYD, the traditional fuel vehicle business is completely like chicken ribs.

Who gives confidence to discontinued fuel vehicles, is BYD sitting back and relaxing, or is it expanding its territory?

For new energy vehicles is different, BYD new energy vehicles have their own advantages, motors, electronic controls, batteries, etc. can be built by themselves, not affected by other aspects, not as fuel vehicles are bound by patents and other aspects, coupled with the launch of DMI technology and the third generation of platform in the past two years, BYD new energy vehicle sales data has increased significantly, stop selling fuel vehicles to free up production lines, can also reduce pressure on the production and delivery of new energy vehicles, plus in the fuel vehicle market, itself is not very advantageous, Instead of producing unpleasant fuel vehicles on the market, it is better to stop production of fuel vehicles to make way for new energy vehicles, which is a guarantee for production, and can also occupy a favorable position in the new energy vehicle market with a hundred flowers.

Who gives confidence to discontinued fuel vehicles, is BYD sitting back and relaxing, or is it expanding its territory?

In short, in recent years, proud of the spring breeze of new energy vehicles, BYD's fuel vehicles do not seem to be flattered by the market, and their own hybrids are becoming more and more popular, abandoning traditional fuel vehicles to concentrate on new energy will be a better choice for BYD, of course, the use of discontinued fuel vehicles to produce new energy vehicles for BYD is not a kind of territorial expansion?

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