BYD is expected to be released in Europe for delivery in the fourth quarter of domestic new energy vehicles to accelerate "going to sea"

Author:Securities daily Time:2022.07.29

29jul

Our reporter Li Yuzheng China New Energy Vehicle is accelerating "going to sea". On July 28, BYD announced on a social platform that it will participate in the Paris Motor Show in October this year and bring the product matrix of new energy passenger cars at Europe. It is expected to be released and delivered in Europe in the fourth quarter of this year. This is BYD's return to the International Passenger Auto Show more than ten years. As one of the world's five major auto shows, the Paris Motor Show has a significant influence in the automotive industry and will attract major automotive brands and manufacturers in the world to participate in the exhibition. It is understood that in the 2022 Paris Motorcycle Show will be named after the Paris Auto Week, and it will be held with Equipauto (Paris International Automobile Parts and Equipment Exhibition) from October 17th to 23rd. BYD will bring Song Plus, Yuan Plus, dolphin and seals at this Paris Motor Show, and at the same time show its latest passenger car series products and technologies. In fact, since last year, BYD has frequently moved its overseas passenger car market. In 2021, BYD's new energy passenger car was officially deployed in the European market. The first stop Norway completed 1,000 delivery and took an important step in exploring overseas markets. Earlier this year, BYD Yuan PLUS models were officially launched in China, and they were listed in Australia. Open pre -sale and name it ATTO3 to further strengthen the layout of new energy passenger cars globally; on July 21 a few days ago, BYD announced the official entering the Japanese passenger car market. Tokyo press conference is expected to be released in 2023. "Internationalization is the way to make big and stronger BYD." Zhang Xiang, Dean of the New Energy Vehicle Technology Research Institute of Jiangxi New Energy Technology Vocational College of New Energy Technology, said in the first half of the year that BYD's sales surpassed Tesla in the first half of the year. Its production capacity is also in high -speed expansion. In addition to meeting the needs of the Chinese market, it also needs to use its own advantages to expand overseas markets. Earlier, BYD's products in overseas markets are mostly commercial vehicles. Its pure electric bus has been operated in more than 20 countries and more than 100 cities in Europe, and it has spread to more than 70 countries and regions in the world and more than 400 cities. BYD's 2021 annual report shows that the company sold 1,5363 vehicles in overseas regions last year, an increase of 107.75%year -on -year. After the blade battery, DM-I super hybrid, E platform 3.0 and other technologies, BYD New Energy passenger cars are high-speed. According to BYD's production and sales data, in the first half of this year, the company sold 638,200 new energy passenger cars, an increase of 324.84%year -on -year, surpassing Tesla to become the world's largest electric vehicle manufacturer. In Zhang Xiang's view, BYD has many years of technical accumulation in new energy vehicles. For example, in terms of technical routes, BYD has both pure electricity and plug -in, which has stronger adaptability to the international market. International car companies generally start up late in terms of new energy vehicles, and BYD is using the first advantage to seize the international market. BYD's "going to sea" is also a microcosm of Chinese car companies "going global". According to the China Automobile Association data, the export situation of my country's automobile exports in the first half of this year, especially new energy vehicles, exported a total of 202,000 vehicles, accounting for 16.6%of the total exports of the car, an increase of 1.3 times year -on -year. The China Automobile Association said that in recent years, with the continuous improvement of the comprehensive competitiveness of my country's automobile products, Chinese brands have been recognized more in the international market. At the same time, companies have also actively seized opportunities and vigorously explored the international market, especially new energy vehicles, especially new energy vehicles. Become the highlight of the current export, and some companies have successfully entered developed countries and regions such as Europe. Shengang Securities Research Report believes that my country's automobile exports in 2022 are expected to exceed 3 million vehicles, or surpass Germany to the second place. The rise in my country's auto exports shows that the accepted acceptance of overseas markets on my country's automotive brands has continued to increase, reflecting the new stage of my country's automobile industry into a high -quality development.