Fenghuangwang Automobile News "Policy gradually turned to support the superior and the strong, and the policy in 2018 was particularly prominent, accelerating the overall upgrade of the industry. It can be said that (new energy) cars have entered the elimination phase of the industry reform..." BYD Auto Sales Co., Ltd. Manager Zhao Changjiang said at the China Automotive Forum on April 26.

Zhao Changjiang believes that optimizing the energy structure is imperative. The development of automobiles should change the structure of energy consumption. The most important thing is to develop new energy vehicles. The development of automobiles is also a major opportunity for China's automobile industry to overtake and achieve high-end manufacturing upgrades. It is also the only way for the major automobile countries to become powerful. At present, my country's new energy vehicle industry development policy is gradually reversing from the initial inclusive policy to supporting the superior. Zhao Changjiang pointed out that the increase in the threshold of financial subsidies will link the amount of subsidies with technology, quality and operation, and multi-directional data will be superimposed so that products with high technical level and good product quality can be subsidized. Significantly. Zhao Changjiang then introduced BYD's progress in internationalization, electrification, and intelligent networking.

The following is the speech record:

Ladies and gentlemen, I am very honored to represent BYD Auto once again to have the opportunity to share with you how the high-quality development of the automotive industry in the new era, new trends and new manufacturing. As for BYD, the theme I share more today is "The Strategy and Layout of the Development of the Automobile Industry in the New Era".

Everyone can see that optimizing the structure of energy is now imperative. Since the reform and opening up, the material wealth has been accumulating. At the same time, the increasing development of scientific and technological innovations has brought about the continuous rise of cars for oil, and the air quality is not as good as before. Therefore, optimizing energy Structure is imperative in the context of the new era of automobiles. There is no doubt that the development of automobiles should change the energy consumption structure. The most important thing is to develop new energy vehicles. The development of new energy vehicles is an important strategy to solve energy security and environmental governance. It is also a key point for the development and transformation of the global automobile industry. The development of automobiles is also a major opportunity to achieve overtaking in the Chinese automobile industry and to achieve high-end manufacturing upgrades. BYD is advancing on the new automobile development path.

The automobile industry has entered a new era. Our country President Xi Jinping emphasized that the development of new energy vehicles is the only way for China's major automobile country to become a powerful country. I think that the automobile industry has entered a new era of national development in general. How can we seriously study the market with greater R&D efforts, make good use of the vitality of the policy, develop products and services that meet the needs of the times and users’ expectations, and make it a strong new growth point for the automotive industry. A car person should work hard to think and explore the direction.

The country has the strategy of a big country and the policy of a strong country. China has stood among the world’s strongest countries. Since the reform and opening up, we have a series of national policies. From the 13th Five-Year Plan, we have clearly defined new energy vehicles, new energy, energy conservation and environmental protection, etc. The low-carbon industry of green energy is an important strategy of our country, and it is also in a strategic position among national industries. The future will become the pillar industry of the automobile. I think that by 2020, it should reach more than 100,000 in the automotive industry.

The new energy vehicle is a green energy consumption structure. The initial stage of its development is the inclusive system. With the arrival of the new stage of development, the policy has gradually shifted to supporting the superior and the strong. The policy in 2018 is particularly prominent, accelerating the overall upgrade of the industry It can be said that the automobile has entered the knockout competition for industry reform. A very important point here is the increase in the threshold of financial subsidies. We see, for example, that the increase in the threshold of financial subsidies is linked to the amount of subsidies and technology, quality and operation. Multi-directional data is superimposed so that products with high technical level and good product quality can be subsidized. The policy should be said to be very effective on the level of specific car companies, technology upgrades, comprehensive intelligent manufacturing, and green energy-saving technology overlay. Bigger and stronger technological innovation-oriented enterprises will support the development of technology-centric enterprises. Here our report of the 19th National Congress clearly proposes to accelerate the construction of a strong manufacturing country and accelerate the development of advanced manufacturing. The development of advanced manufacturing is also an internal requirement for transformation We must do a good job in the automotive industry in the new era and strengthen the transformation of manufacturing. I think this is an internal driving force for enterprises, and it is also the only way for our economy to enter high-quality development.

Not only can we look at the Chinese market, we also have to look at the global pattern. China uses the most mature automobile industry facilities, and has integrated supporting industries in multiple cross-regional industrial integration zones. We see five of the world's top five electric battery manufacturers, two of which are in China, and BYD Battery is one of them. In 2017, China accounted for more than 60% of the global auto show electromagnetic market share, which is at a world-leading level. In addition, in 2017, China accounted for more than 50% of the global market share with a total of 1.8 million new energy passenger car ownership. It is also the world’s largest car market, exceeding the combined total of the three countries of the United States, Japan, and Norway. It is now ranked first in the world. BYD Auto has achieved the number one sales of new energy vehicles in the world for three consecutive years, and the Chinese market has also achieved the number one sales for four consecutive years.

What is the development of marketization of the entire industry? BYD's development is driven by momentum to drive other fields. We see that as the earliest scale of electric buses in Shenzhen, this year will realize the full marketization of electric buses, as well as a comprehensive movement in the field of rental and online booking. We have also seen that other regions of China, including Taiyuan, including the following cities, will also promote the development of public electrification. The effect is very amazing, and the upgrading of the industry will definitely feed back the sales of the market.

In the first quarter of 2018, our production and sales of new energy vehicles reached the level of 150,000 and 143,000, respectively. Among them, the year-on-year growth of pure electric vehicles increased by 124.7%. The production of plug-in power vehicles has achieved 305.3% growth, sales are the only data to check the market, pure electric vehicles sales increased by 131% year-on-year, plug-in electric vehicles achieved a year-on-year growth of 246%, industry upgrades to nurture market sales, not only in the field of industry, I I want to play a very important driving effect on the market popularity and the development of our enterprise.

Just now, the CEOs of several automobile group companies shared the new strategy of the automobile industry. We also learned that the "new four modernizations" are reshaping the pattern of the industry. Here, the electrification of BYD is because of green dreams and green transportation. To enter this industry with a mission, electrification is one of BYD's original intentions. The second network is connected, we see that the car is no longer a tool for travel, the space of movement, it is more important is the intelligent space, everyone here understands. The third is intelligent, and I think this is also very common to everyone, and the fourth is shared, and I think everyone also agrees. Therefore, the "new four modernization" is rewriting the automobile industry, and will also reshape the pattern of the automobile industry. Especially intelligentization is not a single intelligent manufacturing, but an open intelligent ecological environment and system, which is slightly understood by us. There are some differences in that it is to create an open intelligent ecological environment and system.

BYD officially proposed a new era of full-scale car manufacturing last year. With the core advantages of internationalization, electrification, and intelligent networking, we continue to innovate and upgrade from R&D to manufacturing. In the new automotive industry, our products, our In the field, we have set another benchmark. From the original taxi field to the public bus in the back, you can see that BYD is the first to promote the Japanese market, the Korean market, and the United Kingdom, the United States, the Americas, and Southeast Asia in the field of electric buses. Waiting for Chinese brands in some countries, I think this is also a very important force in China's electrification and internationalization strategy. We will occupy a very dominant position.

First, BYD's internationalization. Here I would like to introduce several aspects:

(1) An international team. Since BYD entered the automotive industry, our technological leadership has been very recognized by the industry, but we have a difference in value with the luxury car. In fact, I am an insight after the 85. The mentality of our consumers, face value will be a very important driver of our consumer choice. For us, we have introduced an international first-class design team, including Mr. Eide, the design director of the former German luxury brand, and he and China BYD's designers have created a design language together. This design language has been highly recognized by the market since our 925MAx was released last year. The more perfect product concept with users deeply touched the mainstream domestic market group in China. Created a new design language for BYD on the road of a new era of car making.

(2) International operator system. As we all know that BYD was an integrated technology company in the past, we are now introducing an internationally rated supplier system. At the same time, we are also opening up BYD’s core technology, which includes the core of Sandian and PM. The third-generation technology in this field will become bigger and stronger together with Chinese enterprises and promote the development of the new energy automobile industry.

(3) International design and car-building standards. Everyone knows clearly that China's automobile industry, first of all, it is the market to exchange technology and the market to exchange standards, but the process of going up and down the normal road is ups and downs, and there are gains and regrets. BYD, we and Mercedes-Benz have A joint brand building is called Tengshi. We jointly use international design, standards and manufacturing brand standards to build our new era BYD products.

(4) Endorsement of global market operation and quality. As you can see, in Australia and the Americas, the global requirements for automobiles are relatively stringent, including Japan and South Korea. BYD has also entered such very demanding markets. Not only in the public domain, we are also electrified outside the establishment. Fields, including Silicon Valley in the United States, universities in Singapore, these are the operations of BYD 2C market.

Second, BYD is electrified. Here I would like to tell you more about our electric dual-drive strategy. The first is to Ｍaster the core technology. The second is to cover our PXEV and EV dual fields. Here I will focus on one. Talking about our Ｍastering of core technologies in the field of PXEV and EV. In the field of PXEV, we are at the Beijing Auto Show this time. At the press conference yesterday, we released the third-generation double-grinding machine, based on the base of 300,000 Chery cars sold. The third-generation electric grinder technology launched, we call it a platform, which includes 3+3, and three ones. The first three is that we have achieved three-in-one in click direction, motor, and electronic control. Its lightness Quantification, its low energy consumption, its high quality, and its high integration will subvert the foundation of the electric vehicle field. I will pick one out of a few, that is, our ten-and-one vertical, plus an integrated innovation platform, This will also be a very big breakthrough in the field of electrification, on the technical platform. Everyone knows that technological innovation and technological change will definitely lead to the arrival of a new era of competition. BYD will fully build our platform mechanism on this year's products. At the same time, in the product layout, we will also focus on the most complete new energy products, to meet the needs of the market and consumers.

Third, intelligent networking. Here I want to tell you more about openness. The second is BYD’s smart ecological system, which may not be reflected in the PPT. BYD has established the Intelligent Networking Research Institute. We can see BYD’s system. We are based on An ID cloud service, based on our service for the system vehicle-machine interconnection platform, based on the intelligent and assisted driving platform, has created our intelligent network connection BYD is both open and highly strategic network connection and intelligent platform, so we will also be timely in the future 'S announcement about the development of intelligent networking and intelligent driving.

At this Beijing Auto Show, I think that we are creating a new era for the first time to truly show BYD's new era of momentum to the market, industry, users, media, and leaders. We all opened a new generation of green yesterday, and its product performance reached The product performance of China's strongest car has also redefined such a Chinese car's luxury technology dual flagship SUV. Such a benchmark level, fuel consumption at 160 per 100 kilometers. Qin Pro is our first sedan. The EV of this car reaches a range of 200 kilometers. At the same time, its acceleration from 0 to 100 kilometers is also very advanced. It is equipped with our new design and the development of intelligent networking. Ecological wisdom system. The third car name is the new concept car E-Seed. The basic parameters I will report to you today. It has a range of more than 600 kilometers, and the acceleration from 0 to 100 kilometers is less than 4 seconds. We define it as 3.9 seconds. At the same time, the efficiency of charging will also be significantly improved, including the automatic network connection we equipped with the system, so that the cloud service and intelligent network connection are all mounted on this concept car, which is also our thinking for the new era of car making. .

I think the future trend of the auto market is open. These are only under the open system to the prosperity and full competition of today's auto market. So BYD will open up and put it on the agenda. We are about to hold the world’s first auto development conference to truly let our own vehicle platform development. We let global developers participate and gather global wisdom to jointly promote the development of the automotive industry. Is the mission of our generation of Autobots, so we hope to achieve a win-win situation in our exploration. BYD will allow more vehicles to be integrated in a precise and standardized manner to develop collaboratively and achieve a win-win situation in shared exploration. This includes a lot of new technologies and new understanding of cars.

New forces in car manufacturing, and some guests will share it next. He is also causing the integration of new forces. More importantly, what we understand is the Internet based on the cloud. This is our different thinking from the past, so China also shows We are the most dynamic market. We will actively explore and innovate. With the timely availability of plug-in and pure electricity, BYD has built the most abundant new energy vehicle focus in China. Under the active exploration and innovation of the new era, new trends and new strategies, we break the industry’s Development bottleneck, BYD will fall to reach our scale of more than 300,000 cars, this year's goal is 200,000, this is the goal I shared with the media and the market at the Guangzhou Auto Show last year. As a target for automobiles, we also have more than 180,000 points. The companies behind have brought a lot of policy dividends. We will invest heavily in BYD's R&D system. Therefore, in the context of the new era and in the context of the development of the large environmental industry, BYD will look at the world, embrace the industry of the enterprise, and develop together, thank you.