The autopilot giant IPO collapsed and its valuation evaporated by 30 billion. It still insists on going public this month. Are you optimistic about him?

BYD doesn't fit in here. First of all, BYD is not a new driving force for automobile manufacturing. It can be an old company, or it can switch from new driving force to traditional automobile fuel. Not only pure electric vehicles, but also fuel components of hybrid electric vehicles. The production line is more complete, but over the years, new energy sales are also in a leading position.

BYD Asia is working with these emerging forces in the automobile industry, and the main topic may be that they don't understand. This is a traditional automobile company, which made the first 1.5T engine in China and the first dual clutch in China, that is, the control of basic technology by the European Monetary Unit. Only in China can electronic control companies be ignored at the level of automobile chips. BYD has higher R&D and domestic investment, and owns the most patents. Batteries and automobiles are the only automobiles in the world that have mastered the basic technologies of the three major automobile manufacturers. BYD hybrid car, dm3.0 will even be listed in dmiv.0 next year, and other car companies will be at least two generations!

Even without new energy sources, BYD can still replace its position in China with automobile fuel. 1.5L Xiaomi engine has a daily production efficiency of 43%, which is the most efficient mass production engine in the world, and Mazda's blue sky can be balanced. The 1.5T engine used in automobiles has a daily fuel efficiency of 38%, which is still at the domestic level.

Now, according to the different energy systems, cars can be divided into three types: car fuel, hybrid cars and components in trams. For example, the combination of 48V lamp hybrid, weak Japanese engine and low power enjoyment is classified as automobile fuel. After all, the country is also a two-engine energy-saving car, not a new energy source.

In the field of new energy, it is mainly pure electric hybrid components, including the increase plan. Nevertheless, the plan aims to increase electric vehicles, but also internal combustion engines, which can be classified as components of hybrid power. There may be hydrogen energy in the future, but I am not optimistic about the future. I agree with Wang Chuanfu that people will not pay the price for protecting the environment, but only for saving money. Unless hydrogen can reach the same cost as pure electric vehicles, you need to be as comfortable as a gas station and solve safety problems in order to occupy a place in the field of new energy.