Tesla's only challenger, BYD to build a new "dynasty" overseas

BYD vs Tesla: BYD electric cars are indispensable

Steve Westly, a former Tesla board member, compared BYD to Tesla's only challenger in the world, a statement he made in an interview with CNBC, and such a statement is actually a new impression of the old Chinese powerhouse in the overseas auto manufacturing industry.

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BYD vs Tesla: BYD electric cars are indispensable

The reason why BYD is also a veteran in the eyes of foreigners is because of its work in the new energy commercial vehicle market over the past 20 years. Since the establishment of its European headquarters in the Netherlands in 1998, BYD has sold its own new energy commercial vehicles to more than 70 countries and regions around the world in the past 24 years, spreading to more than 400 cities worldwide.

Among them, BYD pure electric buses have even played a key role as the inner-city transportation hub in many cities. BYD buses are frequently seen on the streets of London, UK, and its pure electric buses account for more than 50% of the entire UK market.

There is also the largest single pure electric bus order in the history of the United States, the largest pure electric bus fleet in Finland, the first pure electric van fleet in Uruguay, the first pure electric bus officially in operation in the southern part of the African continent, and the world's longest pure electric bus K12A (about 26.82 meters) ...... These are all BYD's achievements in recent years in the global These are the results that BYD has delivered in the global new energy commercial vehicle market in recent years.

Now, after BYD' s new energy commercial vehicles have spread to every continent in the world, BYD has opened its own copy of the Earth strategy in 2022, and started to let BYD passenger cars hanging with the dream slogan "Build Your Dream" drive on every road in the world.

Starting with the Australian market on February 19 this year, BYD has completed a "tour" of 15 countries or regions in the first 10 months, and has also made landings in 10 of these countries by establishing partnerships with local dealers. In the Asia-Pacific market, BYD JAPAN Corporation, the Japanese branch of BYD, held a brand launch in Tokyo in July and brought the Yuan PLUS (named ATTO 3 in the Japanese market) and the Dolphin and Seal developed in the e-Platform 3.0 architecture to the Japanese passenger car market.

In September, BYD' s first overseas passenger car plant was positioned in Thailand, taking the first step in Asia-Pacific for overseas production of passenger cars. In Europe, we met Tang, Han and Yuan PLUS at this year's Paris Motor Show, and these three models have completed their European online launch on September 28, which not only let European countries see the current standard of China's pure electric passenger car manufacturing industry, but also used this BYD Tang and Han with a pre-sale price of 72,000 euros (about RMB 513,100) in Germany to interpret the new luxury pure With the BYD Tang and Han, which are priced at 72,000 Euros (about RMB 531,000) in Germany, BYD has interpreted the new standard of luxury pure electric vehicles and made the first domestic luxury pure electric vehicles "counterattack" on the German market.

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BYD is expected to take over Tesla's position overseas

In fact, not only in the vehicle sales, BYD in the implementation of the vehicle business export strategy at the same time, but also early lock the energy market business. In July this year, BYD' s installed power battery volume achieved +205.6% year-on-year growth, and this growth made it take 16.2% of the global power battery market share, squeezing South Korea's LG New Energy and Japan's Panasonic to the back.

Meanwhile, BYD, which started in consumer batteries, has been taking the core three electric technologies as the capital of its life during the layout of the new energy commercial vehicle market, vigorously implementing the e platform and related technology development, while also becoming the only vehicle company in the world to realize the whole industry chain of self-research and production of core technologies covering motors, batteries, electric control and intelligent chips. Just before the September international transport fair, BYD in the new generation of pure electric truck family brought to Hanover, Germany, at the same time, also released a new blade battery bus chassis technology platform, the platform will let has been in the European pure electric bus market share of more than 20% of BYD, to further hold the initiative in their own hands.

It is because of the parallel importance of the vehicle business and new energy technology, BYD in the process of overseas expansion, with practical action to overturn our perception of Chinese auto brands overseas automotive business. BYD is not only exporting vehicles through export channels, but also completing the all-in-one combination of auto energy technology, auto product sales and auto leasing services, realizing the multi-dimensional combination of local auto production, sales and service hours. The practice of downstream enterprises and consumer markets, perhaps for BYD to establish an overseas "dynasty".

 

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