New Energy Vehicle Market Accelerates the Combing-out of Unfit Players

摘要

In April 2022,BYD officially announced the decision to stop the production of fuel vehicles,meaning it has completely moved away from the“fuel era”,and will focus on pure electric and plug-in hybrid electric vehicles in the future.In other words,BYD will concentrate its resources on strengthening the competitiveness in new energy vehicle(NEV)market.