NEV Technology
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BYD Dominates Three Rankings, Reshaping NEV Tech Competition
BYD’s Zhengzhou Speedway opening highlighted China’s dominance in NEV technology. CAIC rankings show Chinese companies, particularly BYD, leading in new energy, hybrid, and pure electric patent authorizations. BYD’s R&D (over 120,000 employees, averaging 45 daily patent filings) drives innovation, including the Blade Battery and advanced hybrid tech. This technological prowess fuels BYD’s sales, with significant domestic and overseas growth, solidifying China’s rising influence in the global NEV market.
