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Remember this moment: a new chapter in China's automotive history

BYD announced on the evening of May 3 on the Hong Kong Stock Exchange that the sales of new energy vehicles in April 106042 (due to the statistical caliber, slightly different from the number of posters released by the company), the same period last year was 25662 units; the cumulative sales of new energy vehicles from January to April 392371, an increase of 387.94% year-on-year. There were no production and sales of fuel vehicles in April.

Remember this moment: a new chapter in China's automotive history

It is still a holiday, other car companies have not yet released the latest production and sales reports, and the sales champion in March was FAW-Volkswagen, with 126,000 units.

Considering the impact of the epidemic and the lack of core in April, FAW-Volkswagen's sales have fallen sharply, and BYD is most likely the sales champion car company in April.

Remember this moment: a new chapter in China's automotive history

This is a milestone event, which means that for the first time in history, China's own brands have surpassed the sales of joint venture brands in a single month.

FAW and SAIC have planned the grand blueprint of the "national car", from Xiali to Hongqi to Phoenix to Shanghai to Roewe...

Xingkong Jun also imagined that the market for technology is always unreliable, and the comprador is a comprador after all, maybe Chery and Geely can do it.

Who would have thought that it was BYD who took the lead in realizing the great dream of the Chinese nation.

How important is the automotive industry?

According to statistics, automobile consumption accounts for more than one-tenth of the total retail sales of consumer goods in the whole society, accounting for more than 4% of GDP. Directly related industries account for more than 8% of GDP.

If you take into account the upstream and downstream of the automobile industry, the impact of steel, rubber, petrochemicals and other industries, the automobile and its related industries are estimated to account for more than 15% of GDP.

Therefore, the automobile industry is also known as the crown of industrial manufacturing, and the automobile industry is the most important indicator to measure whether a country's manufacturing industry is strong.

It can be said that the overall autonomy and controllability of the automotive industry is as important as the independent controllability of chips. At the same time, because the industrial chain threshold of the automobile industry is relatively low, it is more conducive to ordinary small and medium-sized enterprises to enter the industry and drive economic development.

It should be said that the new energy vehicle track gives the Chinese automobile industry the opportunity to change lanes and overtake and fully grasp the independent controllable technology, the opportunity is left to those who are prepared, BYD seized this opportunity, and became one of the most important emerging car brands in China and even the world.

Remember this moment: a new chapter in China's automotive history

Although the special circumstances in April have made BYD somewhat "invincible", it is foreseeable that the only factor that limits BYD's sales now is production capacity. Until BYD further ramps up its production capacity and comprehensively rolls over the joint venture brand, it is close at hand.

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