China's Leading New Energy Vehicle Concept Stock?

[VonKingston]

China's leading new energy vehicle concept stock is BYD. Since entering the automotive industry in 2003, BYD has been a pioneer in new energy vehicles, leading the global automotive industry transformation through innovative technology and precise strategies. On May 19, 2021, BYD held a ceremony in Shenzhen for the rollout of its 1 millionth new energy vehicle. BYD became the first Chinese brand to join the "Million Club" of new energy vehicles. New energy vehicles refer to vehicles that use unconventional vehicle fuels as power sources (or use conventional vehicle fuels with new types of on-board power devices), integrating advanced technologies in vehicle power control and driving, resulting in vehicles with advanced technical principles, new technologies, and new structures. New energy vehicles include four major types: hybrid electric vehicles (HEV), battery electric vehicles (BEV, including solar-powered vehicles), fuel cell electric vehicles (FCEV), and other new energy vehicles (such as those using supercapacitors, flywheels, and other high-efficiency energy storage devices). Unconventional vehicle fuels refer to fuels other than gasoline and diesel.