Today we talk about the more interesting things in the automotive field, I believe many people are also very interested in this, that is, China's largest automobile group was born, speaking of China's largest automobile group, I believe that many people will think of FAW or SAIC, after all, FAW is the earliest state-owned enterprise in the automotive field in China, and FAW has many joint venture brands like SAIC, but I want to tell you that China's largest automobile group is not FAW, SAIC, nor Changan, Great Wall, Geely.
In the latest global auto market value TOP ten, Tesla ranked first with 1.02 trillion US dollars, while the domestic FAW, SAIC, Changan, Great Wall and other traditional car companies are not on the list, and unexpectedly, BYD's market value reached 696.054 billion yuan, surpassing FAW, SAIC and other domestic car companies, becoming China's largest automobile group, ranking among the top three in the world.
BYD was founded in 1995, entered the automotive industry in 2003, and became famous in 2005 with the first BYD F3, but in the face of the traditional major car companies and many joint venture models in China, IT is unrealistic to want to develop in the field of traditional fuel vehicles, and facts have proved that since the listing of BYD F3, its own brand has never been able to break through the "low-end" image. But we now see that WHEN BYD entered the automotive industry in 2003, its vision has surpassed all domestic car companies, because also in 2003, BYD has begun to lay out new energy vehicles, and at that time, all domestic brands and even many joint venture brands have put all their energy on traditional fuel models.
Therefore, IT can succeed is not accidental, and in the field of batteries, BYD has 100% independent research and development, design and production capacity, and the products have been exported to the United States, Germany, Japan, Switzerland, Canada, Australia, South Africa and other countries and regions. With the gradual changes in the environment of the automotive field, BYD, which has its own technology, can be said to have developed smoothly in the field of new energy and successfully seized the "big dividend" given by the current era.
At present, BYD's new energy models including the "Dynasty" series and the "Ocean" series have accounted for more than 80% of all its models, and in BYD's strategic development, in the first quarter of this year, BYD will gradually stop the production of traditional fuel vehicles and focus on the development of pure electric and plug-in hybrid vehicles. In addition, BYD has also carried out multi-dimensional development, for example, although Tesla is the leader of new energy vehicles, Tesla has no bus business, and BYD's new energy buses are all the way in both domestic and foreign countries.
In the recently released new energy vehicle sales data in March, BYD's new energy models reached 104338 in March, with monthly sales exceeding 100,000, an increase of more than 160% year-on-year, while Tesla's sales in March were 39,730 units, and BYD's domestic sales have far surpassed Tesla' sales, ranking first. Did you guess right about China's largest automotive group? Feel free to leave a message in the comment area to discuss it.