For a brand of new energy vehicles like BYD, before BYD built new energy vehicles, Tesla actually had a certain technological lead. To some extent, many domestic new energy automobile brands, including BYD, would not have been able to do it if Tesla had not published all unnecessary technical patents. On the basis of Tesla, many of our domestic brands have developed very fast, and BYD's market sales have even successfully surpassed Tesla.
1 factor is the technical development of BYD battery field.
Because BYD itself attaches great importance to battery research and development in the field of new energy vehicles, it has also invested a lot of money in the research and development process. After some technical breakthroughs in the field of batteries, many BYD models will naturally have certain technical advantages. In this case, BYD will further integrate battery manufacturing and battery sales, which will further enhance BYD's comprehensive competitiveness.
The second factor is BYD's market positioning.
Although the relatively low global sales volume has exceeded the investment, BYD's top position is actually not so stable, because more than 95% of its market share belongs to the domestic market. For Tesla, its market share is basically global market sales, so Tesla will be more competitive in the global market. For BYD, because the consumption potential of the domestic market itself is very large, BYD has fully grasped the consumption potential of the domestic market, so BYD can achieve such a big sales breakthrough.
Generally speaking, it is indeed a good thing for BYD to overtake Tesla, but we need to look at this issue with humility. If BYD can surpass Tesla in the global market, it can truly represent BYD's strength.