Warren Buffett-Backed BYD Aims To Outperform Tesla, VW, Stellantis As Europe's Leading BEV Seller: 'The Long Term Is To Produce Locally;'
Warren Buffett-Backed BYD Aims To Outperform Tesla, VW, Stellantis As Europe's Leading BEV Seller: 'The Long Term Is To Produce Locally;'
Warren Buffett-backed Chinese automaker BYD Co Ltd (OTC:BYDDF) (OTC:BYDDY) has set its sights on becoming the top battery-electric vehicle (BEV) seller in Europe, aiming to surpass Volkswagen AG (OTC:VWAGY), Tesla Inc. (NASDAQ:TSLA), and Stellantis NV (NYSE:STLA).
禾倫·巴菲特支持的中國汽車製造商比亞迪有限公司（場外交易代碼：BYDDF）（場外交易代碼：BYDDY）已着眼於成爲歐洲最大的電池電動汽車（BEV）銷售商，目標是超越大衆汽車公司（場外交易代碼：VWAGY）、特斯拉公司（納斯達克股票代碼：TSLA）和Stellantis NV（紐約證券交易所代碼：STLA）。
What Happened: Michael Shu, the European president of BYD, announced the company's ambitious plans at the Future of the Car Summit, the Financial Times reported on Friday.
發生了什麼：據《金融時報》週五報道，比亞迪歐洲總裁邁克爾·舒在汽車未來峯會上宣佈了該公司的雄心勃勃的計劃。
Shu revealed that BYD is preparing for a "huge investment" in factories, dealerships, and marketing in Europe. The company's strategy includes a budget model based on the Seagull, which sells in China for under $10,000. The European variant of this model is expected to cost less than €20,000 ($21,548).
舒透露，比亞迪正準備對歐洲的工廠、經銷商和營銷進行 “巨額投資”。該公司的戰略包括基於海鷗的預算模型，海鷗在中國的售價低於1萬美元。該車型的歐洲版本預計售價不到20,000歐元（合21,548美元）。
Despite the ongoing investigation by the European Union into potential subsidies used by Chinese automakers to reduce vehicle prices, Shu assured that BYD plans to manufacture its cars "in Europe for Europe." This move could potentially help the company avoid higher tariffs and logistical challenges associated with importing vehicles to Europe.
儘管歐盟正在對中國汽車製造商爲降低汽車價格而使用的潛在補貼進行調查，但舒保證，比亞迪計劃 “在歐洲爲歐洲” 生產汽車。此舉有可能幫助該公司避免更高的關稅和與向歐洲進口車輛相關的物流挑戰。
"To ship cars from China to Europe is not going to be long term. The long term is to produce locally," he said.
“從中國向歐洲運送汽車並不是長期的。從長遠來看，要在當地生產，” 他說。
Why It Matters: Earlier this year, BYD Executive Vice President Stella Li referred to Tesla as a "partner" rather than a competitor, stating that there is less than 15% overlap between BYD and Tesla customers. However, BYD's latest move indicates a shift in strategy as the company now aims to outperform Tesla and other major automakers in the European market.
爲何重要：今年早些時候，比亞迪執行副總裁斯特拉·李將特斯拉稱爲 “合作伙伴”，而不是競爭對手，並表示比亞迪和特斯拉客戶之間的重疊之處不到15％。但是，比亞迪的最新舉措表明戰略發生了轉變，因爲該公司現在的目標是在歐洲市場上跑贏特斯拉和其他主要汽車製造商。
Despite a 42% drop in overall electric vehicle deliveries in the first quarter of 2024, BYD remains confident in its European strategy. The company's market share for battery-electric cars in Western Europe was 1.7% in the first quarter of 2024, according to Schmidt Automotive Research.
儘管2024年第一季度電動汽車的總交付量下降了42％，但比亞迪對其歐洲戰略仍然充滿信心。根據施密特汽車研究的數據，該公司在西歐的電池電動汽車市場份額在2024年第一季度爲1.7％。
BYD, which is backed by Buffett's Berkshire Hathaway Inc., briefly surpassed Tesla last year as the world's largest electric vehicle brand. The company is currently constructing a new factory in Hungary and plans to begin scouting locations for a second plant in the upcoming months.
由巴菲特的伯克希爾·哈撒韋公司支持的比亞迪去年曾短暫超過特斯拉，成爲全球最大的電動汽車品牌。該公司目前正在匈牙利建造一座新工廠，並計劃在未來幾個月內開始爲第二座工廠尋找地點。
In 2008, Berkshire invested around $230 million in BYD, obtaining 225 million shares and a 20.49% stake in Class H shares. Over time, it has reduced its stake and now holds approximately 87.6 million BYD H Shares, equivalent to a 7.98% stake.
2008年，伯克希爾向比亞迪投資了約2.3億美元，獲得了2.25億股股票和20.49％的H類股份。隨着時間的推移，它減少了股份，現在持有約8,760萬股比亞迪H股，相當於7.98％的股份。
Price Action: On Friday, Tesla's shares were trading 0.76% lower at $170.67 while in the OTC, BYDDF was trading at 1.83% higher at $28.95 and BYDDY 1.62% lower at $57.02, according to Benzinga Pro.
價格走勢：根據Benzinga Pro的數據，週五，特斯拉股價下跌0.76％，至170.67美元，而在場外交易中，比亞迪股價上漲1.83％，至28.95美元，比亞迪下跌1.62％，至57.02美元。
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