2019 is about to end, which makes people think of the year-end exam. And the "examinees" in the Chinese new energy market are like classmates in a special class-then the question comes:
If they were in a class, who would be the "learning tyrant"?
BYD: the oldest in the class
Features: Earliest enrollment, the earliest student in this class.
BYD is the earliest Chinese car brand to open the market in the field of electric vehicles. In 2003, BYD entered the field of automobile manufacturing and sales; in October 2008, BYD acquired the semiconductor manufacturing company Ningbo Zhongwei for nearly 200 million yuan, and through this acquisition, BYD has the research and development capabilities and production capabilities of electric vehicle drive motors. The forward-looking vision and layout also make it gain Buffett's favor and become a well-deserved "senior" old classmate in the new energy class.
BAIC New Energy: Someone at home
Features: Born from a state-owned enterprise, as well as well-known relatives such as Mercedes-Benz. Neither money nor people.
BAIC New Energy was founded in 2009 and was initiated and controlled by Beijing Automotive Group Co., Ltd., a Fortune 500 company. It is China's first independent operation, the first to obtain new energy vehicle production qualifications, the first to carry out mixed ownership reform, and the first batch of pilot state-owned enterprises. A new energy automobile company with employee shareholding reform. As a state-owned new energy vehicle company, it has the advantages of time, geography, and harmony, especially its EU series models, which play the role of public operating vehicles in various districts and counties of Beijing. It ranks number one in the new energy vehicle single-car catalog. One.