What are the reasons for the discontinuation of BYD M6?
1 Answers
Here are the reasons for the discontinuation of BYD M6: 1. Market: BYD has a small market share, and continued production would result in losses, leading to the decision to halt production. 2. Production line: BYD has new models to introduce, requiring the freeing up of production lines. Below is some relevant information about BYD: 1. Brand history: BYD Company Limited was founded in 1995, starting with a team of just over 20 people. By 2003, it had grown into the world's second-largest rechargeable battery manufacturer and established BYD Auto in the same year. Starting with battery production, BYD's venture into automobile manufacturing was essentially stepping into the role of an 'outsider.' It was through the use of the resounding title of 'independent intellectual property rights' and the acquisition of Qinchuan Auto that BYD gained a first-mover advantage over other newcomers. 2. Brand introduction: BYD Auto adheres to a development path of independent research and development, independent production, and independent branding, with the goal of creating truly affordable and high-quality vehicles for the people. The design of its products not only incorporates advanced concepts from international trends but also aligns with the aesthetic values of Chinese culture.
