What Happened to BYD?
2 Answers
BYD previously experienced a situation where both the Russian ruble and oil prices plummeted, leading to a halt in the decline of BYD's stock. Below is relevant information about BYD automobiles: Brand Introduction: BYD automobiles adhere to a development path of independent research and development, independent production, and independent branding, committed to creating truly affordable and high-quality vehicles for the people. The product designs incorporate advanced concepts from international trends while also aligning with the aesthetic values of Chinese culture. Brand Philosophy: BYD consistently upholds the development philosophy of 'Technology as King, Innovation as the Foundation.' Leveraging its R&D capabilities and innovative development model, BYD has achieved comprehensive growth and plays a pivotal role in various fields including batteries, electronics, passenger vehicles, commercial vehicles, and rail transit.
BYD's new energy vehicles have been selling like crazy recently, topping domestic sales charts for several consecutive months. When I visited the auto show last time, their booth was packed with people, and models like the Dynasty series' Seal and Han have earned good reputations. Last month, I heard their monthly sales exceeded 250,000 units, nearly doubling year-over-year. However, competition is fierce now - Tesla's price cuts have taken many customers, and rising brands like AITO are also eyeing the market. BYD recently launched its million-yuan luxury car Yangwang U8 featuring some cool 'Yi Si Fang' technology, though the price does deter many buyers. That said, their Blade Battery's safety performance is indeed impressive, performing well in recent tests by Dongchedi.
