BYD new energy car sales far exceed the level of the industry

As we live in a deteriorating environment, factory exhaust pollution, car exhaust emissions have seriously damaged our ecological environment, threatening human health and safety. In this context, people feel the importance and urgency of protecting the environment. Fortunately, humans have realized the seriousness of the problem. New energy vehicles are one of the actions. BYD reported that sales of new energy vehicles have continued to rise in recent years, showing that people's awareness of environmental protection has increased.

According to data from the China Automobile Industry Association, in the first half of 2018, the cumulative production and sales of automobiles nationwide reached 14.058 million vehicles and 14.066 million vehicles, an increase of 4.2 % and 5.6 % respectively from the same period last year. The sales growth rate was 1.8 percentage points higher than the same period last year. Overall performance was better than expected at the beginning of the year. Among them, the development momentum of new-energy vehicles has continued to be strong, and production and sales have all grown rapidly, reaching 413,000 vehicles and 412,000 vehicles, respectively, an increase of 94.9 % and 111.5 % year-on-year, respectively, and the market penetration rate has continued to increase.

In the first half of 2018, BYD's new energy car sales continued to surpass its competitors and once again became the world's champion new energy car sales company. BYD reported results for the first half of this year, the turnover of BYD in the first half of this year was 52.163 billion Yuan, a year-on-year increase of 19 %, and the net profit of listed companies was about 479 million Yuan. BYD estimates net profit in the first three quarters of this year to be about 1.28 billion Yuan -1.68 billion Yuan. At the same time, BYD chairman Wang Chuanfu pointed out, "BYD auto business will usher in a new round of growth cycle, and the company's new energy vehicle profitability will be significantly improved in the second half of the year. "

BYD has been in a steady state of growth for many years. In the recent BYD financial report, the performance of new energy vehicles is relatively high. According to BYD financial data, new energy vehicles are more popular with consumers in the future market.

As the leading brand of new energy vehicles, BYD's brand strength can not be underestimated. The group upholds the development concept of "technology, quality, and responsibility", shoulders the corporate social responsibility of green and environmental protection, and creates a long-term sustainable core competitive advantage in the new energy automotive industry. The batteries it has developed are the swords of new energy vehicles. BYD reported a steady increase in results, BYD batteries are also one of the heroes.

During the Chongqing Zhibo Conference, BYD and the Chongqing Sheshan District Government signed an investment cooperation agreement on the annual output of 20 GWh industrial projects for power batteries. It is reported that the total investment of the project is RMB 10 billion, which mainly includes the manufacture of core products such as power battery cores, modules, and related supporting industries. At the same time, the Southwest Regional Headquarters will be built through projects such as priority layout Motors, electronic control systems, and rail transit equipment manufacturing.

At the beginning of July this year, BYD had just signed a cooperation agreement with Changan Automobile. The two sides planned to set up a joint venture company in the Liangjiang New Area of Chongqing, focusing on power battery production and sales, and the production capacity was implemented in phases according to the 10GWh plan. The first phase reached 5-6 GWh, and the second phase reached 4-5 GWh.

BYD vice president, battery business group CEO Helong confirmed to Gaogongli that the signing project is not a joint venture with Chang 'an. It is BYD's own independent project plan and will become BYD's core components in the Southwest region. Important base. It is obvious that the project is an important step in BYD's distribution of power batteries in many regions of the country. That will allow BYD to grow again next year.

"Since BYD entered the automotive industry in 2003, it has begun to study and develop automotive power batteries simultaneously. So far, it has had 15 years of research and development experience and seamless connection with the vehicle factory. This is our biggest advantage. "Helong previously stated to Gaogong Lidian that BYD has strong R&D and integration capabilities in cars and batteries, and has a comprehensive prediction and response mechanism. This is BYD's future participation in the open competition for power batteries. Sword".

The acceleration of the layout has brought about an increase in orders. BYD's financial report shows that not only domestic sales are leading, but in 2017 the company's overseas orders continued to receive orders from London, England, Los Angeles, Sydney Airport, Australia, Novara, Italy, and Okinawa, Japan. The BYD car, which has been repaired both inside and outside, is also a proof of the strength of the Chinese car brand.

BYD's results show that BYD's new energy car sales far exceed the level of its peers. As one of the world's leading players in the new energy automotive industry, BYD has a huge technology R&D team and strong scientific and technological innovation capabilities. It has successively developed a series of global leading forward-looking technologies and established a global leading edge in the field of new energy vehicles. As an enterprise group that spans two major areas of automobiles and batteries, BYD has the world's leading core technologies such as batteries, motors, and electronic control, as well as the world's first dual-mode second-generation technology and two-way inverter technology. To realize the multi-leap of automobile in power performance, safety protection and energy consumption, it has opened up a new development path for the global automobile industry.

New energy vehicles have solved the problem of environmental pollution to a great extent and are increasingly welcomed by people. Sales of new energy vehicles have continued to grow, according to BYD, which also means more new energy vehicles are emerging in the city and changing the environment is within reach.

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