In 2023, China's auto industry will open a new chapter, with the strong rise of Chinese auto brands, especially in the field of new energy vehicles, which has run an amazing "acceleration", and BYD has carved a unique mark in the torrent of time.
China's new energy vehicle market has long been no longer the world of foreign capital and joint venture brands. According to the latest data from the Passenger Association, in 2023, independent brands will occupy half of the domestic new energy vehicle market, among which BYD's strong performance is even more eye-catching. Among many car companies, BYD is like a dark horse, jumping to the top of the list with amazing speed and strength, ushering in an upward breakthrough.
According to the data of the China Passenger Car Association, the total sales of automobiles in China (including passenger cars and commercial vehicles) will exceed 30 million units in 2023, standing at a new starting point. Among them, the market share of domestic brands reached 52%, which not only set a new record, but also symbolized the absolute dominance of domestic brands in the automobile market.
Looking at the market pattern, BYD's rise is not accidental. In the retail table of passenger cars in the narrow sense, BYD overtook the crowd and won the first place in sales with nearly 1 million units exceeding FAW-Volkswagen. Behind this brilliant achievement is BYD's persistent pursuit of technology, keen insight into the market and in-depth understanding of consumers.
In addition to sales, BYD's strategic shift is also eye-catching, and it is not a hasty move to stop producing fuel vehicles, based on BYD's in-depth insight into the new energy market and technology accumulation. With its innovative blade battery, super hybrid DMI system, Yunyuan system, Yi Sifang and other technologies, BYD has won the trust of consumers around the world. As Wang Chuanfu said, the development of new energy vehicles has entered the second half, that is, the intelligent stage. Now, BYD has made a major breakthrough in this regard, which is like pouring a basin of hot oil into boiling water, which has aroused widespread attention and expectations.
In the tide of the market, the halo of foreign capital and joint venture brands has gradually faded, and most of the joint ventures have fallen into negative growth or slight growth, all of which is revealing a fact: the pattern of China's auto market is undergoing profound changes, and the rise of independent brands is not only an increase in market share, but also a comprehensive transcendence of technology, quality and service.
Looking back on the past, China has experienced a long period of exploration and accumulation; Looking forward to the future, Chinese brands have been at the forefront of the track of new energy vehicles. This is a new starting point and a new journey. China's new energy vehicles will continue to run on the "acceleration" of development and write a more brilliant future.