Recently, in BYD's conference call, BYD Chairman Wang Chuanfu revealed the brand's current situation and future plans. It is reported that BYD currently has 700,000 orders on hand, and the delivery cycle for new car orders is 4-5 months; the Seal model, which has just been launched, has been put into mass production, and delivery pressure is high due to the epidemic and power cuts. In terms of future development planning, BYD will launch the fifth-generation DM-i system in 2024.
Currently, BYD has 700,000 orders on hand, and the delivery cycle for new car orders is 4-5 months. In August, power restrictions and epidemic factors affected the delivery quantity, but there was an increase in August compared with July, and BYD 2022 We will strive to achieve a monthly delivery volume of 280,000 by the end of the year. The Seal model, which has just been put into mass production, is under great delivery pressure due to the epidemic and power cuts. More than 1,000 units have been delivered so far, and the ramp will improve significantly after two months.
In terms of development planning, BYD's high-end models launched in 2023 will launch high-end intelligent assisted driving. A complete set of assisted driving solutions will be launched, with integrated hardware and software deployment, and long-term product leadership will be maintained by maintaining long-term product technology innovation. In addition, BYD will launch a million-dollar brand in 2023, which will be equipped with many unique new technologies and reach a million-dollar price. The fifth-generation DM-i system will be launched in 2024.
In terms of market development expectations, Wang Chuanfu believes that the sales volume of new energy in China's entire market in 2023 is estimated to be 9-10 million units, while BYD's vehicle plan is to start from 4 million units, and batteries and motor electronic control semiconductors will be synchronized or even more advanced. many. In terms of external battery supply, in 2023, the main production capacity will be supplied internally. Compared with a smaller proportion of external supply, the proportion of external supply will increase significantly in 2024.
In addition, with subsidies for new energy vehicles declining next year, BYD will reduce its annual raw material procurement costs by 3-5% due to its sales growth. A reduction of 5% is expected next year to offset the reduction in subsidies. In terms of profit, after the release of production capacity, the depreciation and amortization cost of a single vehicle will be reduced, and the profit margin will gradually increase every month.
In terms of exploring overseas markets, BYD will consider Europe as one of its main overseas markets in the future. In the United States, the latest subsidy bill reflects the U.S. government's lack of confidence and is a discriminatory bill. If it continues to adhere to this policy, BYD will focus on other overseas markets and consider temporarily abandoning the U.S. market.
According to the data displayed in the "Sales Ranking" of Bitauto App, Han ranks 4th among new energy vehicles. If you need more data, please go to Bitauto App to view.
Editor: Du Yu