China's largest automobile group was born, surpassing Tesla to become the global sales champion, BMW, Mercedes-Benz is also not as good

Text: XiaoQing

Sai Lin Motors, which has a high-profile announcement that it will produce supercars in China, has spent 6 billion yuan but only built and sold less than 30 "old scooters". Not only that, but even the former head of Sailin Automobile has "fled" to the United States, which is called a remake of "Jia Yueting" by netizens. Nowadays, the assets of Sai Lin Automobile's machinery and equipment, production lines, assembly lines and other assets are also hung on the Ali auction platform, which is really shocking.

It is also a new car-making force, Weilai, Xiaopeng, Ideal and Sailin Automobile are very different. These three companies crossed the life-and-death line in 2021, with annual deliveries exceeding 90,000 vehicles and entering a period of rapid growth. Li Bin, chairman of WEIO, judged that WEIO expects to achieve breakeven in the fourth quarter of 2023. However, there is still a big gap between these 3 companies and the new energy giant Tesla.

In the world, although there are many new energy vehicle brands, the new energy vehicle giant is Still Tesla. In December 2021, Tesla's market capitalization even exceeded $1 trillion, making it the world's first automotive group with a market capitalization of more than $1 trillion. As of May 6, Tesla's market capitalization is still as high as $904.7 billion, who would have thought that this is a young company less than 20 years old? So? How much does Tesla sell in China?

In the first quarter of 2022, Tesla produced more than 300,000 vehicles, up 67% year-on-year. It is worth mentioning that Tesla has also expanded its market share in Europe, building a gigafactory in Berlin, Germany. The most critical thing is that Japan's Toyota Motor's market value is 234.1 billion, ranking second in the world; Germany's Volkswagen's market value is only 105.523 billion, which is not as good as Tesla.

Although Tesla is the biggest "winner" in China's new energy vehicle market, this result will not be set in stone. Nowadays, the domestic automobile company brand has broken the monopoly of Tesla and become the largest new energy automobile group in the mainland, that is, BYD.

BYD did not choose to assemble the car like other new energy vehicles, but insisted on true full-chain manufacturing. Taking BYD's self-produced blade battery as an example, it can make the built car have higher safety and be more popular in the market. What's more, of the 6.7 million new energy vehicles sold worldwide in 2021, 600,000 will come from BYD.

The most critical thing is that BYD's sales have surpassed Tesla's and become the global sales champion. In January this year, BYD's sales of new energy vehicles exceeded 90,000 units, compared with Tesla's 51,302 units, falling to No. 2. By April, BYD even announced that it would officially stop producing fuel vehicles and focus its production and research and development entirely on new energy vehicles.

According to the latest data, BYD's market value has reached 704.7 billion yuan, surpassing Great Wall Motors with 219.9 billion yuan and SAIC Motor with 190.9 billion yuan, becoming the largest automobile group in China. From the ranking of global auto companies, BYD's market value has ranked 4th, which undoubtedly proves that domestic new energy vehicles are going to the world.

BYD's market value of 704.7 billion yuan also exceeds that of auto giants such as Ford, General Motors, Mercedes-Benz and BMW in the United States, and it is also very promising to catch up with German Volkswagen and rank among the top 3 in the world in the future. Of course, BYD's current achievements are also closely related to its founder Wang Chuanfu, who was once just an ordinary ordinary person.

Wang Chuanfu was born in 1966 to a poor family in Anhui Province, and because the family had seven children, his parents had to send his younger siblings to other families to raise. Later, several of his sisters married one after another, leaving only Wang Chuanfu and his brother and sister-in-law in the family. However, without his brother and sister-in-law, Wang Chuanfu would not have been able to achieve today's achievements.

It is understood that in order to let Wang Chuanfu go to school smoothly, his brother and sister-in-law borrowed money everywhere, and the sister-in-law even sold her own dowry. In the face of the selfless help of his relatives, Wang Chuanfu studied hard all night, and finally through his own efforts, he was admitted to the university and obtained a master's degree. After graduation, he originally stayed at the school to teach, but he was not satisfied with this peaceful life, so he quit his job and started a business.

Due to the large amount of funds needed in the early stage of entrepreneurship, Wang Chuanfu's cousin did not hesitate to borrow 2.5 million yuan from him and let Wang Chuanfu start BYD Technology Company. Under the leadership of Wang Chuanfu, this small company has made great achievements in just a few years, and the number of people in the company has gradually grown from 10 to 288,200.

In 2003, BYD Automobile Co., Ltd. was formally established. Due to the low price and excellent quality of the cars produced by BYD, it has gradually occupied a place in the automotive field. Six years later, Wang Chuanfu's wealth rose to 35 billion, making him The richest man in China in 2009. By 2022, Wang Chuanfu will be listed in the top 100 of the "2022 Daye Wine Hurun Global Rich List" with a wealth of 140 billion.

Even if he is worth hundreds of billions of yuan, Wang Chuanfu has not forgotten his roots, after all, he relied on the help of his brother and sister-in-law to achieve today's achievements when he was a child. So after earning money, he not only let his brother and sister-in-law live in the mansion, but also let them work in his own company. I have to say that Wang Chuanfu is indeed admirable, and being a man who does not forget is the premise of his success.

On April 27, 2022, BYD ushered in another "good news". Its total operating income in the first quarter of 2022 was 66.825 billion yuan, an increase of 63.02% year-on-year; profit was 1.061 billion yuan, an increase of 64.24% year-on-year. Moreover, BYD's car sales in the first quarter 291378, an increase of 179.78% year-on-year, of which 286329 new energy vehicles, an increase of 422.97% year-on-year.

Compared with Tesla's strength, BYD seems to have more development potential and market competitiveness, and the main reason for BYD's success is that it can understand the needs of Chinese consumers and create new energy vehicles suitable for Chinese.

In fact, in addition to BYD, with the enhancement of China's manufacturing strength, more car brands will rush out of the country in the future and even become industry leaders. In addition to Dong Mingzhu, chairman of Gree, who joined early, Lei Jun of Xiaomi Mobile phone said on the powder "Open Day" that he would "go all out to build a good car for rice noodles". Lei Jun also pointed out that the first car released by Xiaomi is definitely the most cutting-edge product at present and is expected to be launched within 3 years. So, who do you think will be the next car-making guy on the mainland?