Financials, Automotive, Technology Sep 01, 2021 07:34 AM (GMT+8) · EqualOcean
Overall, with the stabilization of the domestic epidemic prevention and control situation, the automobile market obviously warmed up in the first half of the year, but at the same time, BYD and other listed automobile enterprises also experienced the phenomenon of "increasing income without increasing profit" during the reporting period. Institutional analysis pointed out that the semi annual results of Listed Companies in the automotive industry show that the trend of new energy vehicles replacing some fuel vehicles is becoming more and more obvious, and the penetration rate of new energy vehicles is expected to increase gradually. In terms of market segments, independent brands are updated rapidly, new cars are released intensively, and the models with good response may usher in more than expected sales.