Are They Talking About Model Y's Sales Win? Don't Ignore BYD, Whose Sales Have Increased By 161.4%

Recently, the Federation of Passenger Transport Associations released a flash report on retail sales in March 2022. The most controversial is that Tesla Model Y won the SUV sales championship. Tesla fans are cheering for it, and some consumers who are not optimistic about Tesla believe that Tesla is delivered on a quarterly basis. Therefore, it is impossible to win the championship. Just when everyone was arguing about the sales of Model Y, some careful people found that BYD's sales increased by 161.4% year-on-year, which is also a figure worthy of our careful study.

BYD's sales reached 103,229 units in March. In the case of a sharp increase in sales year-on-year, there is another interesting data, that is, BYD's sales accounted for 23.2% of the new energy market, nearly a quarter, and ranked second. Tesla has a 14.8% market share.

With the support of such data, let’s look back at the sales performance of the market segments. In the SUV market, after Model Y is BYD Song, and in the sedan market, BYD Qin also ranks fourth, with quite good sales data.

So the question is, why does BYD's new energy models sell so well? How did it achieve the blowout growth in sales of new energy vehicles? Below, the editor will analyze this problem for you.

In the era of "technology is king", BYD has the most self-developed technologies, as well as blade batteries and DM-i hybrid systems

What is the core point of a car company that wants to be stable in the market for a long time? There is no doubt that your own technology must be the key. Let’s talk about BYD’s achievements in batteries first. Many years ago, BYD has been deeply cultivating the battery field. Buffett, known as the “stock god”, also invested 230 million US dollars in BYD as early as 2008; and at that time, the reason why Buffett was To value BYD is to take a fancy to BYD's battery technology.

Now in 2022, BYD's blade battery has also passed more than 300 safety tests, such as acupuncture tests, proving its safety and reliability; including the lamination process in the shape of a blade, it is very important to improve the vehicle. Space utilization also helps.

There is also its DM-i super hybrid system, which is actually infinitely close to pure electric drive during operation, so BYD's DM-i model has more prominent advantages in terms of NVH and power smoothness during driving; and In terms of fuel economy performance, the DM-i supermix system is also unbelievably low. In the case of complete burning of electricity, it can even achieve "zero fuel consumption".