Mr Wang: BYD will usher in an inflection point in the second half of this year, with big growth

Summary: C FP map In addition to the existing new energy passenger cars, new energy bus system, the future BYD will also be in forklifts, logistics trucks, agricultural vehicles, sanitation vehicles, such as the layout of the field will be the end of the electric. Yesterday, BYD shares in Shenzhen Ping Shan company headquarters called C FP for the map
In addition to the existing new energy passenger cars, new energy bus system, the future BYD will also be in forklifts, logistics trucks, agricultural vehicles, sanitation vehicles and other areas of the layout, "will be the end of the electric power." Yesterday, BYD shares in Shenzhen Ping Shan Company headquarters to convene a shareholder meeting, the Chairman of Wang Wang introduced BYD's future layout. BYD's recent performance forecasts show a net profit of 350 million yuan to 490 million yuan in the first half of the year, and Mr Wang said BYD's second half of the year will usher in a turnaround in performance, with significant growth. Yesterday, BYD a A shares rose slightly 0.8%, closed at 48 85 yuan, BYD H shares fell slightly 0 56%, closed at 44.7 Yuan.

Layout Multi-class electric commercial vehicles

in the first quarter of this year, BYD sold 3,000 new energy vehicles. Chairman Wang said the new energy bus is expected to have 5,000 orders this year, at least 4,000 at the end. "This bodes well for BYD's inflection point this year. Mr Wang said.

In addition to the new energy buses and taxis that have been launched, Mr Wang yesterday introduced an integrated urban-electric solution for the layout of new energy industries. At present, Shenzhen will have 15,000 slag trucks, 5,000 concrete mixer trucks. "These commercial vehicles, such as emissions, noise and other pollution are very large, in the future in this type of building flow of vehicles can be replaced by new energy vehicles." In addition, in the City logistics vehicle, BYD is currently developing T 3, T 5 minivan, and T 7 medium goods vehicles, such vehicles will be located in the city and intercity logistics vehicles. In addition, in garbage trucks, sanitation vehicles, BYD is also studying the relevant electric alternative.

"The Future on the warehouse forklift, will also push the power of the electric." Mr Wang said that at present, 10% of the storage forklift trucks are electric vehicles, 90% are diesel vehicles, this proportion is extremely unreasonable, in the future in warehousing, dock, mines and other places forklift, motorized space is very large. BYD Vice President Zhang Jinbo in response to reporters asked questions, BYD in this series of products have technology accumulation, not worried that domestic counterparts also involved in this product line.

Earlier, Mr Wang said the new energy vehicle was being promoted to "local protection" and yesterday, in response to questions asked by South reporters, Zhang Jinbo, BYD's vice-president, said the phenomenon had eased significantly this year. Not only in the promotion of commercial vehicles, BYD in Shanghai and other areas to promote the "Qin" and other new energy passenger cars, but also more smooth.

to first resolve the "food and clothing" problem

　　Recently, BYD launched the "Qin" series of new energy cars in Shanghai, welcomed. Wang said that BYD's "Qin" will be extended to Nanjing, Lanzhou, Wuhan and other domestic large and medium-sized cities. Mr Wang predicts that in the future, hybrid dual-mode cars will be preferred, not pure electric cars, on new-energy cars. Wang said he found that in the charge issue, many users have their own solutions, including units, residential parking and so can provide charging facilities, the future to solve the charging problem is not difficult.

In addition, Zhang Jinbo told reporters that BYD has been in the promotion of energy storage power plant projects, the current will continue to promote. On the battery and charging system for new energy vehicles, Mr Wang said BYD currently has a 1.6G-h/annual battery factory in Huizhou, after BYD executives say battery production will expand 10 times-fold in the next two years. Yesterday, Mr Wang said the first phase of the Shenzhen battery Factory, which will be put into production next year, will have an annual output of 4G W H to meet the needs of BYD within 1-2 years. At present, BYD Electric bus, "Qin", "Teng potential" and other new energy vehicles capacity of a major bottleneck is the production of batteries, the future of this problem will be gradually resolved.

In addition, BYD will further reduce the cost of motors, electric controls and batteries for new energy vehicles. "Once the production is up, these things are" worthless ". Mr Wang laughs that there is a lot of room for price cuts but does not disclose the exact amount.

at yesterday's shareholder meeting, some shareholders put forward, BYD's product pricing is too low, lack of brand premium, brand reputation and other issues, Wang responded that BYD is the first to solve the "food and clothing" problem, the future will gradually enhance the brand value, and strengthen the management of the channel, improve the quality of the sales end of the service. He said that after the next two years "Tang", "Han", "Ming" and other series of new energy vehicles launched, BYD car performance will surpass Tesla, to reach the world's highest level of new energy vehicles.