BYD results: new energy vehicles is popular

BYD's financial results show that BYD has been in a state of steady growth for many years, and the recent BYD financial results, the performance of new energy vehicles accounted for a relatively high, from BYD's financial results data can be seen that new energy vehicles in the future market is more popular with consumers. Everyone likes birds, flowers, clear sky day, presumably the world's environmental awareness with the improvement of the quality of life gradually emerged, in the national policy support, BYD new energy vehicles will make more eye-catching results.

BYD financial results show that new energy vehicles into the strong Hengqiang era, BYD financial results in BYD growth rate has exceeded many peers, a number of product lines began to force. The business volume of the company increases steadily this year, and the growth of automobiles is relatively rapid, especially the average price of bicycles has increased to a certain extent, mainly from the contribution of new energy vehicles.

Mr. Wang noted that BYD's earnings data showed strong growth in new-energy vehicles and insufficient battery capacity. "Shenzhen replaced 15,000 buses at the end of last year, 20,000 taxis at the end of this year and 12,000 mud cars at the end of next year. In terms of trucks, the state attaches great importance to environmental protection and promotes the development of BYD's truck business.

BYD has long been prepared to electrify buses, taxis and city trucks. In the next three years, the total number of new energy vehicles in these product lines will far exceed their counterparts. In the taxi sector, demand grew rapidly in the first half of the year and battery supply was weaker than expected.

"Traffic in cities is in dire straits, posing a huge challenge to economic development," Wang said. "in the future, China will have to build railways instead of building roads to solve traffic problems. BYD is working hard to develop rail transit to break through urban traffic and solve congestion. As a responsible enterprise, BYD is practicing the idea of making people travel better and making daily transportation track more efficient. The company just did electric bus, met a lot of doubt, even worry that the bus will explode, but now the industrialization, Shenzhen bus has also realized electric.

Wang stressed that BYD is committed to providing urban transportation solutions and putting a lot of energy into improving urban transportation. In the future, byd hopes to see better performance in its financial reports.

BYD is building a "cloud rail + cloud bus" rail transit model, wang said. The company will fill in the gaps in rail transit through cloud rail of medium volume and cloud bus of small volume, and cooperate with subway to build urban integration and network. In terms of cloud rail, byd has received more overseas orders; In terms of small and medium-sized traffic volume, byd's earnings will gradually bring about growth in the next three years.