Core Viewpoint - BYD is intensifying its efforts in the bus sector after becoming the largest passenger car manufacturer in China, showcasing its advancements in electric bus technology with the launch of the e-Bus platform 3.0 [1] Group 1: Technological Advancements - The e-Bus platform 3.0 features several "world-first technologies," including the first mass-produced bus with a 1000V high-voltage architecture and the highest 1500V silicon carbide power chip [2] - It also introduces a unique bus battery chassis integration technology (CTC) and a seven-in-one multi-heat source coupling thermal management system, enhancing the energy efficiency of electric buses [2] - The platform includes a new electronic and electrical architecture for efficient collaborative control of chassis, drive, and body, along with several safety and performance systems [2] Group 2: Product Performance - The BYD C11 bus, a product of the e-Bus platform 3.0, offers a range of over 400 kilometers under full load with air conditioning, outperforming traditional fuel buses in safety, efficiency, and comfort [2] - The goal of developing platform-based electric buses is to accelerate the electrification of road passenger transport [2] Group 3: Market Position and Strategy - The domestic bus market has seen complete electrification in public transport due to strong policy support, but other segments like commuter shuttles and long-distance tourist buses still have low penetration rates due to inadequate charging infrastructure and higher vehicle costs [3] - BYD plans to overcome these challenges by focusing on technological and product breakthroughs, followed by improvements in infrastructure and customer service to promote bus electrification [3] - The company has achieved significant success in the global market, with cumulative sales of 165,000 new energy commercial vehicles, including 89,000 electric buses, and has been the export champion for electric buses for two consecutive years [3]

Core Viewpoint - The electric bus market is nearing full electrification, but the electric rate for passenger buses remains below 30%, prompting BYD to launch the new e-BUS platform 3.0 and the C11 model to enhance competitiveness and redefine the market landscape [1][2][3] Group 1: Development of BYD's Electric Bus Technology - BYD's electric bus journey began in 2009 with the acquisition of a bus manufacturing license, facing initial challenges such as lack of infrastructure and technology [2] - The first-generation e-BUS platform (1.0) was launched in 2010 with the K9 model, marking a significant breakthrough in electric bus technology [2] - By 2017, Shenzhen became the first city to fully electrify its public transport, with BYD promoting over 16,500 electric buses globally [2] Group 2: Challenges in the Industry - The electric passenger bus sector faces issues such as low electrification rates, insufficient charging infrastructure, and range anxiety among consumers [3] - BYD's new e-BUS platform 3.0 aims to address these challenges by enhancing safety, efficiency, and overall user experience [3] Group 3: Innovations in e-BUS Platform 3.0 - The platform introduces the CTC (Cell to Chassis) technology, integrating the battery with the vehicle's chassis to improve safety and structural integrity [4][5] - The CTC technology allows for a higher center of gravity and improved torsional rigidity, significantly enhancing safety during operation [4] - The platform also features the TBC (Tire Blowout Control) system, which maintains vehicle stability in the event of a tire blowout at high speeds [5] Group 4: C11 Model Features - The C11 model, as the first vehicle on the e-BUS platform 3.0, aims to surpass traditional fuel buses in aesthetics, safety, comfort, and intelligence [5][6] - The C11 offers a spacious luggage compartment and low step height for easier access, along with a variety of safety features including advanced monitoring systems [6] - The model provides multiple battery options, with the highest capacity version offering a range of up to 730 kilometers [6][7] Group 5: Strategic Vision - BYD's advancements in electric bus technology reflect a broader commitment to leading the electric vehicle revolution, positioning itself as a key player in the global market [7] - The company emphasizes the importance of strategic foresight in product development and market positioning to maintain its competitive edge [7]