Automotive Author：Niko Yang Editor：Yiru Qian Apr 14, 2022 06:34 PM (GMT+8)

Cathie Wood holds a stake in the latter.

BYD's "Han Wei Guan Zhi" press conference

The world's largest asset manager, BlackRock (BLK:NYSE), has conducted a survey on China's EV leader BYD (1211:HK) by conference call on April 12.

The USD 10 trillion asset manager BlackRock expressed many interests in BYD's DM-i super hybrid technology. According to BYD, models applied this technology have been well received by the market since their launch last year with a large number of orders; and the company has further enriched the DM-i lineup by rolling out more vehicles.

BYD also believed that the DM-i models would disrupt the internal combustion engine-dominated car market. It fuels a ''supply-side reform'' in the market and has the potential to change the market structure.

Previously in the past November, BlackRock also surveyed BYD and focused on the development of the DM-i hybrid technology. At that time, BYD responded conservatively that there were sufficient orders; and the company was actively coordinating the supply and speeding up production to ensure smooth delivery.

Besides, Blackrock was also following the progress of BYD's pure-electric driverless delivery vehicles developed jointly with Nuro, a US tech startup. In January 2022, its third generation of  was officially launched. The project, which is scheduled to go into mass production in early 2023, will provide local consumers with smarter and greener delivery services, said BYD.

In fact, BYD has been frequently surveyed since April by investment institutions; they include Huatai Securities, CPP Investments (a Canada-based pension fund). Four surveys have been disclosed since April.

Investors’ concerns mainly focus on BYD's layout for the development of smart driving and the applications of new technologies in the pure-electric domain.

BYD considered the shifting to E-mobility the first half of the current auto revolution, and the intelligent transformation was the second half. The company will continue to promote the development of automotive intelligence, explore cooperation with international partners, and carry out R&D on new tech and vehicle applications.

The company's sales of new energy vehicles were 104,878 in March, up 422.97% year-on