In this era of information explosion, the development of new energy vehicles is like a spring breeze, and it is advancing rapidly. BYD Chairman Wang Chuanfu's latest speech is undoubtedly the best footnote to this change. He pointed out that the penetration rate of new energy vehicles in China has exceeded 50%, and fuel vehicles are gradually withdrawing from the historical stage and becoming non-mainstream. This is not only a turning point for an industry, but also a microcosm of the progress of the whole society.
Then again, it didn't happen overnight. As early as 2023, the assembly volume of new energy passenger vehicles in China has reached 3.86 million units, and the popularity of models above the L2 level has provided a solid foundation for the development of intelligent technology. And Wang Chuanfu's "look at the battery in the first half, look at the chip in the second half" is an accurate summary of this change. Electrification has laid a solid foundation for new energy vehicles, and the development of intelligence has given wings to the future of the industry.
In this context, in April 2024, Wang Chuanfu's speech at the Horizon Intelligent Driving Technology Product Launch Conference was like a spring thunder, waking up the sleeping earth. He announced that the penetration rate of new energy passenger vehicles in China has exceeded 50%, which is not just a statistic, it represents that new energy vehicles have become the mainstream of the market, while fuel vehicles have gradually become non-mainstream. This is an extremely important moment, marking a historic moment for China's automotive industry.
As the saying goes, "there are three fires for new officials to take office", and Wang Chuanfu's words undoubtedly lit the first fire for the new energy automobile industry. And this fire not only burns technological innovation, but also illuminates the direction of the future. Nowadays, we stand at such a historical juncture, and we can't help but ask, does this mean that green travel will become a new way of life?
Let's dive into the heart of this change. In Wang Chuanfu's words, it is not difficult to feel the power of the times. He mentioned that the Chinese market is the best environment for the development of automotive automation, and is accelerating the transformation of new intelligent vehicles around the world. This is not only an affirmation of the Chinese market, but also a declaration of China's position as a leader in the global new energy vehicle field.
In fact, the development of China's new energy vehicles has been at the forefront of the world. According to the China Association of Automobile Manufacturers, in 2023, the production and sales scale of new energy vehicles in China jumped to 863,000 and 883,000 units, respectively, with a year-on-year growth rate of 28.1% and 35.3%, respectively. The market share has climbed to 32.8%, fully demonstrating China's position as a leader in the global new energy vehicle field.
And all these achievements are inseparable from technological innovation and market demand. Wang Chuanfu's "look at the battery in the first half, look at the chip in the second half", is an accurate grasp of this development trend. The breakthrough of battery technology provides power for new energy vehicles, and the progress of chip technology provides the brain for intelligent vehicles. The combination of the two makes new energy vehicles not only a means of transportation, but also a representative of an intelligent lifestyle.
In this context, the cooperation between BYD and Horizon is undoubtedly a microcosm of the development of the industry. The new journey 6 series chips released by Horizon Robotics cover a wide range of computing power from 10 TOPS to 500 TOPS, providing effective solutions for BYD's different product lines and brands. This is not only a victory for technical cooperation, but also a model of the perfect combination of market demand and technology supply.
Nowadays, new energy vehicles have become the mainstream of the market, while fuel vehicles have gradually become non-mainstream. This transformation is not only a technological innovation, but also a manifestation of social progress. In this context, we can't help but ask, will the popularization of new energy vehicles become a new engine to promote social progress, and how will we find our place in this change?
At this point in the article, we might as well make a small summary. Wang Chuanfu's speech is undoubtedly a milestone in the development of China's new energy vehicles. From batteries to chips, from technology to the market, every step of development embodies the wisdom and sweat of countless people. And all these efforts have finally converged into today's achievements - the penetration rate of new energy vehicles has exceeded 50%, and fuel vehicles have gradually become non-mainstream.
This is not only a victory for an industry, but also a symbol of progress for the whole society. The popularization of new energy vehicles has not only changed the way we travel, but also promoted the development of society in a greener and more intelligent direction. As the old saying goes, "a drop of water through a stone is not a day's work". The development of new energy vehicles is the best interpretation of this sentence.
In such a context, each of us is a witness and a participant. Let us look forward to the fact that new energy vehicles will lead us to a better future. As for the future of fuel vehicles, perhaps we can ask rhetorically: in the wave of new energy vehicles, can fuel vehicles only become the forgotten memories of the times?