Bei Jing Shang Bao·2025-09-23 10:17Core Viewpoint - The article highlights the significant technological advancements made by BYD, particularly through its subsidiary, Yangwang, which has achieved a new world record for electric vehicle speed with the Yangwang U9X, reaching 496.22 km/h, surpassing the previous record held by Bugatti Chiron Super Sport [2][3]. Group 1: Technological Breakthroughs - The Yangwang U9X is equipped with a fully self-developed revolutionary technology solution, including the world's first mass-produced 1200V ultra-high voltage platform and a race-level blade battery with a discharge rate of 30C [3]. - The U9X has also demonstrated impressive track performance, achieving a lap time of 6 minutes and 59.157 seconds at the Nürburgring Nordschleife, a highly challenging racetrack [4]. Group 2: Market Position and Strategy - BYD is transitioning from a price competition model to a technology-driven strategy, focusing on high R&D investments to enhance its competitive edge in the electric vehicle market [5][8]. - In 2024, BYD is projected to lead the global electric vehicle market with sales of 4.27 million units, indicating strong market demand for its products [5]. Group 3: R&D Investment - BYD's R&D investment reached 30.9 billion yuan in the first half of the year, ranking first in the A-share market, and the cumulative R&D investment has exceeded 210 billion yuan [6][8]. - The company employs a team of 120,000 engineers dedicated to core technology development, enabling it to produce both high-performance and cost-effective vehicles [6][9]. Group 4: Industry Trends - The competition in the electric vehicle industry is shifting towards technological innovation, with companies focusing on developing advanced features such as smart driving and AI capabilities [8][9]. - The Chinese government is promoting the development of key technologies in the automotive sector, emphasizing the need for high-quality supply to meet evolving consumer demands [8].