Hot search first! The world’s first enterprise to officially stop production of fuel vehicles is coming!

On April 3, the reporter of Shanghai Securities News learned from Byd Company Limited(002594) that Byd Company Limited(002594) automobile officially announced that according to the needs of strategic development, the whole vehicle production of fuel vehicles will be stopped from March. This indicates that Byd Company Limited(002594) has become the first auto company in the world to announce the official shutdown of fuel vehicles

immediately, the above news ranked first in microblog hot search

Byd Company Limited(002594) since entering the automobile business in 2003, it has grown into a leading manufacturer of independent brand automobiles in China Byd Company Limited(002594) said that in the future, the company will focus on pure electric and plug-in hybrid vehicles in the automotive sector in March, the production and sales of Byd Company Limited(002594) new energy vehicles increased by more than 4 times year-on-year.

In response, netizens commented on the official WeChat official account of Byd Company Limited(002594) motor: “the arrival of the new era, Congratulations”, “historic moment, sales volume exceeded 100 thousand, fuel vehicles stopped production, Byd Company Limited(002594) usher in a new era!”

Netizens are part of the official WeChat official account of Byd Company Limited(002594) .

production and sales of fuel vehicles in 3 months were 0

on April 3, Byd Company Limited(002594) announced in the Hong Kong stock exchange that the company’s production and sales of fuel vehicles in March were 0 p align = “center” Byd Company Limited(002594) disclosed that the production and sales volume of fuel vehicles in March was 0

Byd Company Limited(002594) said that the company will continue to provide perfect service and after-sales guarantee for existing fuel vehicle customers, as well as spare parts supply in the whole life cycle.

On March 31, according to the news on the official website of the national development and Reform Commission, according to the recent changes in oil prices in the international market and the current price formation mechanism of refined oil, China’s gasoline and diesel prices (standard products, the same below) have increased by 110 yuan per ton since 24:00 on March 31. According to the estimation of 50L capacity of general household automobile fuel tank, filling a box of No. 92 gasoline will cost 4.5 yuan more.

Source: Official Website of national development and Reform Commission

\u3000\u3000 Byd Company Limited(002594)

focus on new energy vehicles, with booming production and sales in March

Byd Company Limited(002594) said that the company will focus on pure electric and plug-in hybrid vehicles in the automotive sector in the future.

On the afternoon of April 1, Byd Company Limited(002594) 2021 annual online performance presentation meeting was held Byd Company Limited(002594) chairman Wang Chuanfu said: “the company adheres to the ‘two legs’ of pure electric and plug-in hybrid. Plug-in hybrid is an important path to achieve the dual carbon goal. The reform is relatively mild, which helps to stabilize the supply chain of the industrial chain and realize the smooth transition from fuel vehicle to pure electric vehicle.”

According to Wang Chuanfu, if pure electric vehicles focus on solving the need for additional purchase, plug-in hybrid will effectively solve the demand for first purchase and replacement of more families, forming an obvious substitution effect for the huge stock of fuel vehicle market. At present, there are more and more plug-in hybrid products in the market.

According to the data of China Automobile Association, in 2021, the production and sales of China Shanxi Guoxin Energy Corporation Limited(600617) automobile market were 3.545 million and 3.521 million respectively, with a year-on-year increase of 1.6 times, and the market share reached 13.4%, 8 percentage points higher than that of the previous year. Under the general trend of industrial development, the production and sales of new energy vehicles exceeded Shanghai Pudong Development Bank Co.Ltd(600000) in Byd Company Limited(002594) 2021, with a year-on-year increase of more than twice.

Byd Company Limited(002594) 2021 December and annual production and sales volume in 2021

In terms of breakdown, in 2021, Byd Company Limited(002594) ushered in the offline of the first million new energy vehicles, and many models are selling well. Among them, the annual sales volume of Han model is about 117700, breaking the sales record of new energy independent brand cars with a price of more than 200000.

At the same time, Byd Company Limited(002594) in 2021, launched a number of DM-I super hybrid models such as Qin plus DM-I, song plus DM-I and Tang dm-i. With the characteristics of ultra-low fuel consumption, quiet, smooth and excellent power, DM-I model has been widely concerned and recognized by the market, driving the cumulative sales of DM model throughout the year of about 272900.

and in March, Byd Company Limited(002594) new energy vehicles produced 106658 vehicles, a year-on-year increase of 416.96%; The sales volume was 104878, with a year-on-year increase of 422.97%

Byd Company Limited(002594) introduced that the company has always been committed to building low-carbon and environment-friendly new energy vehicles. The strategic adjustment is that the company focuses on the national “double carbon” strategic goal, adheres to the new development concept of “innovation” and “green”, and leads the reform of the automobile industry with the driving force of scientific and technological innovation; Promote sustainable social development with a green and low-carbon cycle.

Some people in the auto industry also said that compared with SAIC, GAC and other traditional auto giants, Byd Company Limited(002594) the fuel vehicle itself is not good enough. In recent years, the sales are flat and lack of market competitiveness. This time, it took the lead in decisively withdrawing from the fuel vehicle market. On the one hand, its new energy vehicles have indeed achieved the advantage of scale, on the other hand, the traditional fuel vehicles have tasted nothing for Byd Company Limited(002594) .

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