News on September 6, UBS Securities Research Department recently released an in-depth dismantling report on BYD Seal Car, revealing some eye-catching information. According to the report, BYD Seal Auto's self-produced parts account for about 75% of the vehicle's parts. This number exceeds the industry average and demonstrates BYD's strong technical strength and production capabilities in the field of automobile manufacturing.
This high proportion of self-produced parts not only helps reduce production costs, but is also expected to improve product quality and performance. The same level of Tesla Model produced in Shanghai 3 Compared with BYD Seal, the overall cost is about 15% lower. This means that BYD can offer more competitive prices in a highly competitive market and provide consumers with more choices.
Gong Min, head of China automotive industry research at UBS, said that with Tesla Model 3 In comparison, BYD Seal has made choices in some aspects. While the Seal has more interior space, it gives up slightly on acceleration and top speed. However, BYD performs better in the Internet of Vehicles part, especially in-car audio and video entertainment systems. This shows BYD's product advantages in different aspects and provides the market with diversified choices.
According to the editor’s understanding, BYD recently released the price of its Seal model at the Munich Auto Show in Germany. This move marks the determination of Chinese automakers to actively expand overseas markets and enhance their brand influence. The official selling price of Seal in the European market is 44,900 euros and 50,990 euros, which is approximately RMB 352,400 and 399,500 yuan. These competitive prices are expected to attract the attention of more overseas consumers.
In addition, UBS analysts also made predictions about the future Chinese auto market. According to his view, by 2030, the global market share of Chinese automakers will increase from 17% to 33%, while the market share of European automakers may suffer a certain loss. As time goes by, the global market share of traditional automakers may drop from 81% to 58%, especially the fuel vehicle sector, which is suffering from structural shrinkage. These forecasts provide an interesting outlook for the future development of China's automobile manufacturing industry.
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