BYD Stopped the Production of Fuel Vehicles

China's largest new-energy vehicle (NEV) maker BYD announced on April 3 that as of March 2022 it stopped the production of fuel vehicles according to the company’s development strategy needs. In the future, BYD will focus on pure electric and plug-in hybrid vehicle business in the automotive sector. At the same time, BYD said it will continue to provide comprehensive services and after-sales guarantee for existing fuel vehicle customers, as well as the supply of spare parts throughout the life cycle to ensure customers can travel worry-free.

BYD said that it is always committed to building a greener tomorrow to meet people's aspirations for a better life through technological innovation. This strategy adjustment aimed at accelerating the implementation of the 'double carbon' goal and promoting the sustainable development of society with the power of technological innovation.

By doing this, BYD has become the first automotive manufacturer in the world to stop the production of fuel combusting vehicles.

Views:0