BYD has been in reserve for 20 years for the miracle of Chinese automobiles, and the story behind this spans many years.
Behind the automotive miracle: BYD's 20 years of preparation.
China's rapid development has made the world full of doubts, and many people wonder whether China's success has come out of nowhere. However, in fact, China's achievements are not just the result of efforts in recent years, but are based on 10 or even 20 years of continuous accumulation and efforts. Taking BYD as an example, we can see that the success of this car company did not happen overnight, but after 20 years of preparation and accumulation. Today, few young people know that BYD has been producing cars since 1995 and has been around for 28 years. What is even more surprising, however, is that by 2005, the BYD F3 had become the best-selling car in the Chinese car market. The emphasis on this concept of time is intended to convey the message that success does not happen overnight, but over decades. Although the current BYD has achieved great success as soon as it goes abroad, behind the success is the combined effect of two key factors.
First and foremost, BYD is a technology-oriented company. Unlike other car companies that focus on marketing and advertising when launching products, BYD's executives are more keen to talk about technology. While some criticize them for just accumulating technology concepts, from another perspective, it's because they're actually a technology-obsessed company. With more than 90,000 R&D personnel, BYD is a leader among listed companies and in the entire automotive industry. BYD is already in the leading position in many technical fields, such as blade batteries, electronic platforms 30 and DM-i super hybrid technology, intelligent body control technology and vehicle integration technology, etc. Only excellent technology can create high-quality products, and for high-precision, high-integration products such as automobiles, the importance of technology is particularly prominent. More importantly, only by staying ahead in technology can enterprises have an advantage in cost, so as to seize the pricing power and initiative in the market. If most of the technology is acquired by a third party to achieve its own simple integration, not only will the product integration not reach a high level, but the cost will not be competitive.
Second, BYD is a global company. Although many people only focus on BYD's recent years to start exporting finished vehicles and achieve great success, BYD set up its first overseas branch in the Netherlands as early as 1998 and began its global layout. It is precisely because BYD has been having the gene of globalization for many years that it has been able to quickly and correctly deploy foreign markets in recent years. Perhaps someone has noticed that BYD's approach to overseas markets is slightly different from that of previous Chinese manufacturers. It has opted to enter the European market directly rather than prioritizing developing countries before expanding into Latin America and Southeast Asia, and has even recently begun outlining its plans for the Japanese market with the help of the Tokyo Motor Show. This shows that BYD's globalization strategy is not limited to selling finished vehicles, but reflects the concentration of its bottom line.
Another success story: Huawei's automotive journey.
In addition to BYD, Huawei is another success story. Although Huawei started late in the automotive field, it has been accumulating for 10 years. Huawei's first foray into the automotive industry can be traced back to 2013, when Huawei entered the automotive field with the launch of in-vehicle communication modules based on its technological advantages in the field of communications. Like BYD, Huawei is also a technology-oriented enterprise with a slightly higher degree of global presence.
The common denominator of automotive miracles: technological accumulation and globalization.
Looking back at the miracle of China, its successful model can be summarized as the interaction between technology accumulation and globalization. These two factors complement each other and create a chemical reaction that has allowed Chinese cars to successfully expand overseas. Therefore, the success of Chinese automobiles is not achieved overnight, but after decades of accumulation and hard work, it is logical to achieve success at the right time.
In recent decades, Chinese automotive companies have developed basic technologies that are ahead of other countries, continuously accumulated technical strength, and successfully applied them to automobile production. As a technology-based enterprise, BYD has invested a lot of manpower and material resources in research and development, with more than 90,000 employees. This has allowed BYD to take a leading position in several technology fields, such as blade batteries, electronic platform 30 and DM-i super hybrid technology, intelligent body control technology and vehicle integration technology are unique in the industry.
In addition, globalization is also an important factor in the success of Chinese automotive companies. As early as the end of the 90s of the last century, BYD set up a branch in the Netherlands, and since then it has gradually expanded into the global market. Huawei also started to develop its automotive business as early as 2013 and successfully entered the automotive field by leveraging its technological competitive advantages in the field of communications. This globalization plan enables Chinese auto companies to better respond to the challenges of the international market, seize opportunities quickly and accurately, and succeed on a global scale.
My thoughts and opinions.
As an auto editor, I am full of admiration and affirmation for the development of China. Through continuous investment in technology and globalization, Chinese auto companies have made remarkable achievements in the world. This reflects the development and innovation capacity of China's manufacturing industry. However, we cannot ignore the difficulties and challenges faced by the automotive industry. The global automotive market is fiercely competitive, and in order to gain a long-term competitive advantage in the international arena, it is still necessary to continue to innovate, strengthen core technology research and development capabilities, strengthen brand building, and improve product quality and service levels. At the same time, it is also necessary to strengthen cooperation and exchanges with other countries to jointly promote the sustainable development of the automobile industry.
In the future, China's auto industry will also face many challenges and opportunities. With the emergence of new energy vehicles and intelligent networked vehicles, Chinese auto companies must increase investment and R&D in these fields to improve the innovation ability of related technologies. In addition, global climate change and environmental protection needs will also have a significant impact on the automotive industry, and Chinese auto companies must actively respond by strengthening the research and development of environmental protection technologies and providing more sustainable and environmentally friendly products.
In short, behind China's achievements is decades of continuous efforts and accumulation, and the dual promotion of technological innovation and globalization. China's success has brought us inspiration and confidence, and we must continue to work hard in technological innovation, globalization and sustainable development to contribute to the development and rise of China's first country.