On June 9th, at the 2021 Yabuli China Entrepreneurs Forum Annual Conference "Opening a New Chapter under the Great Changes" China Business Mind Plenary, BYD Chairman and President Wang Chuanfu joined the meeting as a new director, as a representative of Chinese manufacturing entrepreneurs, published He gave a keynote speech on "BYD's Persistence", telling the story of BYD’s 26 years of entrepreneurial commitment to adhering to the green dream, adhering to technological innovation, focusing on manufacturing development, and adhering to the responsibility of entrepreneurs.

Speaking of a corporate vision film led by Wang Chuanfu more than ten years ago

At the beginning of the conference, a corporate vision film led by Wang Chuanfu himself in 2008 presented again BYD’s green dreams of solar energy, energy storage power stations, and electric vehicles that BYD outlined more than a decade ago. At that time, the outside world did not understand BYD, but now, as my country’s “carbon peak by 2030 and carbon neutral by 2060” goal is put forward, the industry sectors involved in the vision film have become the current outlets. No one would have thought that the solar energy industry could develop into what it is now. At that time, solar energy was maintained at 1.6 Euros/watt, which is almost 15 yuan/watt, and now 1.3 yuan/watt can be used to connect to the Internet. There is also an iron battery. At that time, it could only circulate 3,000 times, and the taxi had a life of 300 kilometers, but now it can reach 600 kilometers and circulate 15,000 times. BYD adheres to the orientation of solving social problems, driven by technological innovation, lays out industrial development with a forward strategic vision, adheres to the green dream, and provides effective and grounded solutions for the sustainable development of human society.

In 2008, Wang Chuanfu outlined the green dreams of solar energy, energy storage power stations, and electric vehicles

China can’t change from petroleum chucks to nickel, cobalt and other rare metal chucks

In the age of change, technology is increasingly playing a decisive role. In the field of new energy vehicles, future technologies must consider product safety and social resource tolerance. Without safety, the full popularization of new energy vehicles will be impossible; if a large amount of rare metals such as nickel and cobalt are used in new energy vehicle batteries, when raw materials cannot be supplied stably or fuel vehicles are completely replaced by new energy vehicles, the contradiction between supply and demand of raw materials will be inevitable . At the same time, China is a country with more coal and less oil. More than 70% of imported oil is imported, 70% of imported oil is transported through the South China Sea, and 70% of oil is consumed in the transportation sector. Facing the "three 70%" challenges, China is more urgent than any other country to develop new energy vehicles to reduce oil consumption. Wang Chuanfu pointed out that "China cannot change from being caught by petroleum to being caught by metal cobalt and nickel." BYD insisted on lithium iron phosphate in 2008, and launched blade battery in 2020. The energy density of the package body is basically the same as that of ternary battery. It solves the problem of product safety and rare metal jamming. The number of cycles reaches 15,000 and the cost is more competitive. force. BYD uses technology and responsibility to turn batteries on a correct and sustainable development path.

BYD blade batteries solve the safety pain points most concerned by consumers

Walking on two legs: EV is the second car in the family, PHEV is the first car in the family

At present, the development of new energy vehicles is accelerating, with a penetration rate of 11.3% in May, and about 90% of consumers buy fuel vehicles. According to Wang Chuanfu's analysis, currently about two-thirds of households in China are car-free households. For these households, it is very difficult for these households to buy a pure electric car for their first car. BYD insists on walking on two legs with pure electric and plug-in hybrid. Plug-in hybrid meets the needs of the family's first car, and pure electric meets the demand of the family's second car. The two are completely parallel development routes. BYD started research and development of hybrid models in 2004, from DM 1.0 to DM 2.0 and 3.0. At present, DM-p and DM-i technologies, BYD has been in the field of plug-in hybrids for 17 years. DM-i Super Hybrid creates an electricity-based hybrid technology. Taking Qin PLUS DM-i as an example, the fuel and electricity cruising range is up to 1245 kilometers, and the fuel consumption per 100 kilometers is as low as 3.8L under power loss. This completely rewrites the "hybrid textbook" and the driving experience is infinitely close to pure electric vehicles. NVH, ride comfort, and operability are far superior to fuel vehicles. In addition, the DM-i model enjoys green license, 10% purchase tax reduction, double points and other benefits, and has achieved the same price as the traditional fuel vehicles of the same level.

BYD Qin PLUS DM-i has officially become a disruptor of A-class fuel vehicles

Focusing on manufacturing for 26 years, each story is the epitome of BYD’s persistence

Wang Chuanfu tells the moving stories behind the scenes in the entrepreneurial process, from the corporate vision of solar energy, energy storage, and electric vehicles in 2008, to today standing at the three major outlets of photovoltaic energy storage, new energy vehicles and semiconductors; from the blade battery "ten Year is like a day" Persevering in technology research and development, to the 17-year iteration of DM technology to DM-i super hybrid, entering the largest market segment of fuel vehicles; from proposing the enlightenment of the idea of 1km subway with 3km Yunba to Chongqing in April this year The opening of the Yunba demonstration line provides an effective solution to solve urban congestion; from the beginning of 2020, the self-made mask machine assists in the production of masks, 3 days for drawings, 7 days for equipment, 10 days for mass production, and 24 days for the world's first and highest daily mask For 100 million pieces, it took only 3 weeks to develop and manufacture equipment to produce meltblown cloth, and overcome the dies and spinnerets that were only imported from Germany and Japan in the past. Wang Chuanfu said with emotion that “a strong manufacturing industry is the foundation of the country’s industrial development; a strong manufacturing industry can create a large number of jobs; a strong manufacturing industry also makes the national industry safer.” BYD has always adhered to the manufacturing industry and focused on doing everything one thing.

At the beginning of 2020, BYD, as a representative of China's manufacturing industry, quickly assisted the production of masks

The magic weapon for development: master core technologies, formulate precise strategies, and rapid decision-making mechanisms

During the on-site question and answer session, Jiang Changjian, a well-known scholar and host of the "Most Powerful Brain" program, asked Wang Chuanfu about the 38 questions in the 2021 College Entrance Examination Paper B, China A company adopts a vertical integration model, and launched the first new energy vehicle in 2008, which is the only one For new energy vehicle companies that master the core technologies of Sanden, which company is A company most likely to be? Wang Chuanfu responded frankly. It can be used as a battery, as a motor, and as an electronic control. At present, BYD is the world. In the future, the new energy vehicle market will become bigger, and the industry needs to work together. The strategic direction of an enterprise is very important, and money cannot buy the time wasted due to the wrong strategic direction. Mastering core technologies, formulating precise strategies, and possessing rapid decision-making capabilities are the three magic weapons for BYD's development.

Host Q&A session, Jiang Changjian talks with Wang Chuanfu

Over the past 26 years, BYD has persisted in technological innovation, hardened internal skills, and has been working hard and developing continuously in the manufacturing industry. Regarding entrepreneurship, Wang Chuanfu finally talked about four points: First, the product technology developed by the company must conform to the national green strategic direction; second, there must be a sense of innovation that dares to be the first, third, persistence and perseverance, and fourth, hard work.

Because of its persistence and responsibility, BYD has the opportunity to go to the forefront of industrial development, to assume more corporate responsibilities and missions, and to continue to contribute to the sustainable development of the country and human society.Editor/Baohongying