Shang Hai Zheng Quan Bao·2025-12-05 13:33Core Viewpoint - BYD is focusing on technological innovation and AI application to maintain its competitive edge in the electric vehicle market, despite facing challenges in the domestic market due to increased competition and a slowdown in product technology cycles [4][5][6][7]. Group 1: Sales Performance - In the first 11 months of 2025, BYD sold a total of 4.182 million new energy vehicles, representing a year-on-year increase of 11.3% [5]. - In November 2025, BYD exported 131,900 new energy vehicles, a significant increase of 369.4% compared to 28,100 units in the same month last year [5]. - Domestic sales of passenger new energy vehicles in November 2025 were 474,900 units, a decrease of 5.77% from the same month last year [5]. Group 2: Technological Development - BYD's chairman, Wang Chuanfu, emphasized the company's commitment to technological innovation, stating that the company has a team of 120,000 engineers to support its technological advancements [5][7]. - The company is preparing to release significant new technologies, although specific details are not yet disclosed [5]. - BYD aims to enhance its electric and intelligent technology capabilities over the next 2 to 3 years, focusing on addressing challenges such as slow charging and low-temperature charging [5]. Group 3: Market Strategy - Wang Chuanfu highlighted the importance of maintaining a fair competitive environment in the industry, indicating that BYD is willing to sacrifice short-term performance for long-term sustainable growth [6]. - The company is committed to leveraging its strong manufacturing base, vertical integration capabilities, and extensive user data to rapidly implement AI technologies [5][6].