BYD's goal is to become China's largest automaker by the end of this year! "Wang Chuanfu, BYD's chairman, confidently stated at a performance conference on March 29th." BYD's sales target for this year is to start at 3 million vehicles and strive to double to 3.6 million vehicles

　　According to data released by the Passenger Car Association, in 2022, BYD's retail and wholesale sales of passenger cars were 1.805 million and 1.863 million, respectively, making it the first largest car company on the domestic sales list for the first time.

　　Since BYD has successfully been promoted to the number one position in China, what goal is Wang Chuanfu's "China's largest automaker" targeting? In the view of a reporter from China Economic Network, Wang Chuanfu hopes that BYD's monthly production and sales can surpass SAIC Group by the end of this year, thereby completely breaking the pattern of the "six major automobile groups" in China.

　　About ten years ago (2013), six major automobile groups, SAIC, FAW, Dongfeng, Chang'an, GAC, and BAIC, formed scale advantages with the help of joint venture policies and became the leaders of China's automobile industry.

　　In 2022, although the six major automobile groups still maintain a certain advantage in the domestic automobile market, the emerging BYD has surpassed BAIC Group, leading to the initial collapse of the "six strong" leadership pattern that has been maintained for ten years.

　　Data shows that in 2022, the sales of SAIC, FAW, Dongfeng, Changan, GAC, and BAIC were 5.303 million, 3.2 million, 2.4645 million, 2.4338 million, 2.346 million, and 1.45 million, respectively, with year-on-year growth of -2.94%, -8.6%, -11.19%, 13.5%, 1.98%, and -15.84%. As a reference, BYD's sales in 2022 were 1.8685 million units, a year-on-year increase of 152.46%.

　　More noteworthy is that since the beginning of this year, BYD has continued to make remarkable progress. Data shows that in the first two months of this year, BYD's sales reached 344996 vehicles, a year-on-year increase of 84.98%.

　　In stark contrast, among the six major automobile groups, except for BAIC's sales growth in the first two months, the sales of the other five have shown varying degrees of decline. Data shows that in the first two months of this year, the sales of SAIC, FAW, Chang'an, Dongfeng, and GAC were 539365 vehicles, 381000 vehicles, 362812 vehicles, 296796 vehicles, and 308140 vehicles, respectively, a year-on-year decrease of 30.63%, 32.3%, 12.66%, 49%, and 19.06%.

　　The sales decline of the five automobile groups remained unchanged, causing BYD to surpass GAC in sales in the first month of this year and further move forward to fourth place. From the monthly sales in February, BYD's ranking surpassed Changan and rose to third place.

　　If BYD continues to maintain this growth momentum this year, it is fully expected to achieve the goal calculated by the reporter: to catch up with SAIC in monthly sales by the end of the year; If its annual sales plan is completed between 3 million and 3.6 million vehicles, it is expected to catch up with FAW, Chang'an, Dongfeng, and GAC, completely overturning the pattern of the "six major automobile groups".

　　Just before the reporter's press release, BYD officially received the latest monthly sales report. Data shows that in March, BYD's sales exceeded 200000 units to 207080 units, a year-on-year increase of 97.4%. Obviously, BYD's high-speed growth momentum has not diminished, which makes us full of expectations for its performance this year.