On April 11, 1983, Shanghai Volkswagen's first Santana car rolled off the assembly line, which opened the prelude to a joint venture between a foreign car company and a local Chinese car company. The original intention of China's joint venture is very good, because at that time, China's civil industry can be described as "one poor and two white", and foreign car companies can "exchange the market for technology", at the expense of sharing the profit cake of the Chinese market with foreign car companies, take the opportunity to learn their technology, management and cultivate talents and establish an independent industrial chain.
However, more than 30 years have passed, and now the joint venture car still occupies a dominant position in the mid-to-high-end market, and the domestic independent car brand can only retreat to less than 100,000 yuan ** to barely make a living. Here is a very heart-wrenching data:
According to BAIC's financial report data in 2019, the "Beijing" brand of its own business lost 472.8 billion yuan, sold 1670,000 cars, which is equivalent to a loss of more than 20,000 for every car sold! The sales volume of the joint venture "BAIC Benz" is as much as three times that of "Beijing", and its profit is as high as 4221.5 billion yuan, which is equivalent to a net profit of 74,453 yuan for every Taipei Benz sold, and this is the remaining profit after Daimler divides up. Therefore, the joint venture fuel vehicle did not help the upgrading of China's automobile industry, but also made a lot of profits!
However, since 2008, BYD released the world's first dual-mode electric vehicle F3DM, BYD began to actively deploy and explore technology in the field of electrification. With the advent of the era of new energy vehicles, BYD has finally accumulated a lot of experience and replaced the joint venture brand as the leader of new energy vehicles in the Chinese market in one fell swoop. Especially the release of the million-level looking up to the U8, whether it is aura, configuration, technology or experience, it is better than Range Rover and Mercedes-Benz big G, and black technologies such as U-turn on the spot, emergency floating, and Yi Sifang have stunned foreigners!
Intelligent electrification of automobiles has become the general trend, at present, in the high-end electric vehicle market has been the world of domestic new energy, limited by cost and other factors, domestic new energy has not been probed to less than 100,000 yuan, this market is still occupied by joint venture fuel vehicles, the most influential of which is Nissan Sylphy and Volkswagen Lavida. 
Just resumed work after the year, and BYD made a move directly towards Xuanyi! BYD's "double attack" blitzkrieg fuel vehicle, Nissan Sylphy is afraid of "catastrophe". BYD announced that the DM-i Glory Edition and the Destroyer 05 Glory Edition of the Qin Plus plug-in hybrid have been reduced to 7From 980,000 yuan. Qin PLUS DM-i Glory Edition is the existence of the Nissan Sylphy in terms of comfort, speed, economy, endurance and space, with a fuel consumption of 3 per 100 kilometers8 liters, 000 acceleration 73 seconds, more economical than the Japanese system, better than the German system. When ** is reduced to 7After 980,000 yuan, the old joint venture fuel vehicles represented by Sylphy will have no way to live! 
Many consumers have doubts, does a price reduction mean a reduction in allocation? Not! BYD's confidence in price reduction lies in its scale effect and industrial chain advantages, compared with fuel joint venture car companies, BYD firmly grasps the entire upstream and downstream industrial chain, so it has completely independent pricing power. And as of last year, BYD's cumulative sales of new energy vehicles exceeded 6 million, such a huge scale, of course, the cost is more advantageous. Unlike the joint venture car company "cutting leeks", BYD chooses to pass on the additional profits obtained from cost advantages to consumers, and at the same time strangle the "fuel double escape". Summary
Technology madman Wang Chuanfu has 90,000 technical engineers, supporting nearly 600,000 employees, and the number of BYD school recruits was as high as 3180,000 people. Now BYD has reduced the ** of DM plug-in hybrid to 7980,000, declaring war on "fuel double escape". That's why I have always supported domestic brands such as BYD and Huawei, because only they can really bring high-quality jobs and high-end independent industrial chains, and only they can help China achieve industrial upgrading, which will eventually benefit every one of us! Kudos to national brands like BYD and Huawei! February** Dynamic Incentive Program