Byd Company Limited(002594) major announcement: stop the production of fuel vehicles!

On April 3, Byd Company Limited(002594) automobile officially announced that according to its strategic development needs, the whole vehicle production of fuel vehicles will be stopped from March 2022.

This important news quickly ranked first on the microblog hot search list.

Byd Company Limited(002594) said, "in the future, Byd Company Limited(002594) will focus on pure electric and plug-in hybrid vehicle business in the automobile section. This marks that Byd Company Limited(002594) has become the first vehicle enterprise in the world to officially announce the shutdown of fuel vehicles. At the same time, Byd Company Limited(002594) will continue to provide perfect service and after-sales guarantee for existing fuel vehicle customers, as well as the supply of spare parts throughout the life cycle to ensure worry free travel."

In addition, Byd Company Limited(002594) shares announced on the Hong Kong stock exchange that the output of new energy vehicles in March was 106658, a year-on-year increase of 416.96%; The sales volume was 104878, with a year-on-year increase of 422.97%.

As of April 1, Byd Company Limited(002594) a shares closed at RMB 235.96, with a total market value of RMB 628.4 billion.

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