On March 3rd, BYD received a 20 17 central financial subsidy from Shenzhen Pingshan Finance Bureau for the promotion and application of new energy vehicles, totaling13.42 million yuan. So far, subsidy funds of 2.342 billion yuan have been received this month.
In the Announcement on the Audit of Settlement Subsidies for the Promotion and Application of New Energy Vehicles in 20 17 issued by the Ministry of Industry and Information Technology last year, Yutong Automobile, BYD and Zhongtong Automobile received the most subsidies, which were 4.59 billion yuan, 3.4665438 billion yuan and 65.438+06.5438+0.2 billion yuan respectively.
BYD's 20 19 semi-annual report shows that the government subsidy included in the current profit and loss is 709.845 million yuan, and its current net profit is145.4573 million yuan, accounting for nearly 50% of the government subsidy. From 20 16 to 20 18, the government subsidies included in the current profits and losses reached 7 10939 million yuan, 1275807 million yuan and 2072665 million yuan respectively, showing an increasing trend year by year.
In 20 19, BYD sold a total of 230,000 new energy vehicles. BYD rebuilt its vehicle model system from 20 18, and then exploded again and again, including Yuan EV, Tang DM and Song Pro. According to the TF Securities Research Report, BYD's cost reduction measures in 2020-2 1 year are multi-pronged, and the first "blade battery" will be launched this year, which will be mass-produced in March, reducing the cost by 20-30%.
With the gradual weakening of the influence of subsidies, BYD is expected to maintain the leading position in new energy vehicle sales with its leading new energy vehicle technology and complete product system. BYD Han, the first model equipped with "Blade Battery" this year, will be launched in the third quarter. The new car is positioned as a medium-sized and large car with a drag coefficient of only 0.233Cd, which is divided into two versions: pure electric Korean EV and plug-in Korean DM. The EV version has a cruising range of 605 kilometers and is expected to become another masterpiece of BYD in the new energy vehicle market.
This article comes from car home, the author of the car manufacturer, and does not represent car home's position.