News on May 30, according to @CCTV Finance, this evening, Li Qian, secretary of BYD’s board of directors, talked about why the fuel car was cut off in the CCTV Finance “Financial Interview” program. Li Qian said, on the one hand, because BYD is a global leader in new energy vehicles, BYD feels that it is time to concentrate on developing electric vehicles and lead the industry to leap to a new level. “The second reason is that it is true that our electric vehicles are completely in short supply, and our production capacity is not enough. We need to free up the production capacity of fuel vehicles for electric vehicles, so cutting off fuel vehicles should be a very important strategic decision for the company, and it will not affect the company’s short-term, It will be very helpful in the medium and long term,” Li Qian said. In April this year, BYD Auto announced that it will stop the production of fuel vehicles from March 2022 in accordance with its strategic development needs. Officials said that in the future, BYD will focus on pure electric and plug-in hybrid vehicles in the automotive sector. At the same time, BYD will continue to provide existing fuel vehicle customers with comprehensive services and after-sales guarantees, as well as spare parts supply throughout the life cycle to ensure worry-free travel. Data show that in the first quarter of 2022, thanks to Qin PLU .
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