Recently, 2021 China Automobile Chongqing Forum was held, Chairman and President of Chairman and President of Chairman and President of Chairman of BYD Co., Ltd. were also present.
He said that China’s brand has been fully transcended in the technical level. By 2030, the new energy vehicle is expected to reach 70% in the Chinese market, and it is called for “Chinese people can’t afford their own brand. This old child is going to change. … I don’t oppose it, the people buy joint venture brands, but I hope to go to the store of the self-branded store before buying, go to open, and then compare it. “
For the development trend of new energy vehicles in the future, Wang Chuanfu said at the meeting that China’s brand has been fully transcendence in the technical level, whether it is a styling technology, or a new energy car core technology such as battery, motor, electric control, and intelligence Networks, intelligent cockpits, etc. Intelligent technology, has transcended the technical level of joint venture brands, leading the development of new energy vehicles in the world.
From the latest sales of my country’s market, in May, the new energy passenger car wholesale sales reached 196,000, an increase of 6.7% from April, a year-on-year increase of 174.2 percentage. Among them, pure electric wholesale sales are 162,000, an increase of 186.1 percentage year-on-year; 34,000 plug-in mixing pins, a year-on-year increase of 128.5 percent, accounting for 17%.
Wang Chuanfu said in the forum that 2030 new energy vehicles is expected to reach 70% in the Chinese market, and the market accounting of Chinese car brands is expected to reach 60%.
Since last year, BYD has introduced two major technologies for blade batteries, super mixed DM-I. Data show that January-May BYD accumulated car sales of 195,674, a year-on-year increase of 56.66%, of which new energy vehicle sales were 113,213, a year-on-year increase of 143.41 percentage. 
It is worth noting that China’s automobile brand market share is 37.9 percentage according to the brand large market share of the multiplier. The mainstream joint venture brand market share is 47.4 percentage.
Among them, the market share of Germany, Japan, and Korean market will haveDecline, 25.1%, 22.9 percent and 2.9 percentage. The self-owned brand, the market share of 37.9 percentage in the first May month, increased by 2.1 percentage compared to 2020.
In this context, Wang Chuanfu’s speech may really predict the future change of China’s auto market competition.