Group 1: Super e Platform Highlights - BYD launched the groundbreaking Super e platform featuring fast-charging batteries, 30,000 RPM motors, and next-gen automotive-grade silicon carbide power chips, achieving multiple global records [2] - The charging power reaches 1 MW (1000 kW), enabling a peak charging speed of 1 second per 2 kilometers, with the fastest charging speed globally at 5 minutes for 400 kilometers [2] - Performance metrics include a single module single motor power of 580 kW and a top speed exceeding 300 km/h, defining the world's strongest professional pure electric platform [2] Group 2: Tengshi Brand Market Performance - Tengshi sold 15,388 vehicles in April, marking a year-on-year increase of 38.4% [2] - The Tengshi D9 was particularly successful, with sales of 9,045 units, maintaining the top position in MPV sales for four consecutive months in 2025 [2] - Tengshi's other models, including the Tengshi N9 and Z9GT, also contributed to the brand's strong performance [3] Group 3: International Expansion and Production - Tengshi officially entered the European market with a brand launch event in Milan, Italy, on April 7, 2025, aiming to expand into dozens of European countries within two years [3] - BYD's first electric vehicle production base in Cambodia was inaugurated on April 28, 2025, with an annual production capacity of 10,000 vehicles, set to commence operations in Q4 2025 [3] Group 4: Energy Storage Business Progress - BYD has initiated the shipment of 2,364 modular energy storage cabinets to Saudi Arabia, following a partnership for a 12.5 GWh grid-side energy storage project, setting a new industry record for shipment speed [3]

到全球量产最快充电速度——闪充 5 分钟，畅行 400 公里；在 性能上，达到单模块单电机功率 580kW，最高车速超 300km/h， 定义全球最强专业纯电平台，首发搭载于划时代旗舰汉 L、唐 L，即日起正式开启预售，引领电动车下一个时代。 问题三：比亚迪海外哪些新拓展？ 证券代码：002594 证券简称：比亚迪 比亚迪股份有限公司 投资者关系活动记录表 编号：2025-11 投资者关系 活动类别 ☑特定对象调研 □分析师会议 □媒体采访 □业绩说明会 □新闻发布会 □路演活动 □现场参观 □其他 （电话会议） 参与单位名 称及人员姓 名 Public Mutual、Co-Head of Equity、YAP ENG LI Public Mutual、Assistant Manager、EVA ANG YOKE FUNG 时间 2025-4-8 9:30-10:30 地点 比亚迪六角大楼 上市公司接 待人员姓名 吴越、常恩铭 投资者关系 活动主要内 容介绍 问题一：比亚迪 3 月销量情况？ 答：比亚迪 3 月销售 377,420 辆，同增 24.8%，其中，乘用车及 皮卡海外销售 72,407 辆，王朝和海 ...

Investment Rating - The investment rating for BYD is "Recommended" [1] Core Views - BYD achieved a revenue of 777.1 billion yuan in 2024, representing a year-on-year increase of 29.02%, with a net profit of 40.25 billion yuan, up 34.00% year-on-year [4] - The company maintains high R&D investment, with R&D expenses reaching 54.2 billion yuan in 2024, a year-on-year increase of 35.7% [7] - The company is focusing on high-end vehicle development, with the Tengshi brand as a key area for growth, despite facing challenges in the high-end market [8] Financial Summary - Revenue projections for 2025 and 2026 are 959.58 billion yuan and 1,126.16 billion yuan, respectively, with expected growth rates of 23.5% and 17.4% [6] - Net profit forecasts for 2025 and 2026 are 51.09 billion yuan and 64.06 billion yuan, with year-on-year growth rates of 26.9% and 25.4% [6] - The gross margin for 2024 is reported at 19.4%, with a net margin of 5.2% [6] Sales Performance - BYD's total vehicle sales reached 4.272 million units in 2024, marking a year-on-year increase of 41.3% [7] - The company reported a quarterly sales volume of 1.52 million units in Q4 2024, with a revenue of 274.9 billion yuan, reflecting a quarter-on-quarter increase of 36.7% [7] R&D and Technological Advancements - BYD is set to launch new technologies in 2025, including the "Tianshen Eye" intelligent driving system and the "Super e" platform, which are expected to enhance product competitiveness [8] - The company is focusing on maintaining a strong presence in the economy car market while also pushing for advancements in high-end vehicle technology [8]

日本汽车业再曝造假丑闻 日本国土交通省（相当于交通部与建设部）6 月 3 日通报称，丰田、本田、马自达、雅马哈、铃木被 发现在多款车型认证过程中提交虚假数据，现在已被要求暂停出货。去年底，丰田旗下的大发汽车被 指长期伪造碰撞测试数据，已经暂停出货。 日本汽车业再曝造假丑闻 曾经的核心资产现在怎么样了？ 新能源销量二梯队背后的爆款们 当一家对冲基金要 IPO "截至 5 月底，共有 5 家汽车制造商涉嫌在车型指定申请中进行了不当行为……这种行为不仅会损害 用户的信任，同时也会动摇汽车认证制度的基础……" 日本国土交通省说。根据日本规定，进入日本 市场的整车和零部件，均需要通过型式指定，由日本国土交通省监管。日本的整车型式测试包括安 全，排放，油耗，噪音，由国土交通省指定机构负责测试和输出报告。 五家日本车企在各自官网刊登了相关说明。丰田三款现役车型（Corolla Fielder、Corolla Axio 以及 Yaris Cross）涉及提交行人保护测试虚假数据等问题，四款过去生产的车型（Crown、Isis、Sienta 和 雷克萨斯 RX）涉及碰撞测试的不当应对。 关注《晚点财经》并设为星标，第一时间获取 ...