Benefits & Risk Mitigation

Internal Benefits

Operational Efficiency

Streamlined processes and improved workflows result in increased efficiency.  

Cultivation of Innovation

Fostering a culture of innovation and adaptability among team members promotes continuous improvement.  

Market Transition

Strategic transition from commercial to passenger vehicles, onboarding customers starting from low-end models and gradually expanding to mid-to-high-end segments strengthens market positioning and enhances revenue diversification.

Cost Reduction

Optimized internal management methods and enhanced vertical integration lead to reduced operational costs.  

Brand Loyalty

Providing potential customers with flagship stores where they can interact with BYD's offerings, test drive vehicles, and engage with the brand directly can strengthen consumer relationships and increase brand loyalty. 

Business Stability

Understanding and complying with regulations, environmental standards, and labor laws helps businesses establish a more reliable and stable operating environment. 

External Benefits

Technology Advancements

Innovations not only enhance the performance and competitiveness of BYD's electric vehicles but also contribute to broader sustainability efforts and industry-wide progress.

Infrastructure as Complements

The presence of a widespread charging network reduces barriers to entry for potential EV buyers. More consumers may be inclined to switch to electric vehicles, thus broadening the market for BYD's EV models.

Partnership Strengthening

Improved relationships with partners, suppliers, and external entities contribute to a robust business ecosystem.  

Reduced Urban Pollution

Electric vehicles produce zero tailpipe emissions, thereby improving air quality in urban areas and mitigating health issues associated with air pollution.

Consumer Exposure and Education

Selling BYD's EVs to car-rental agencies allows a wider audience to experience and learn about electric vehicle technology firsthand. 

Knowledge Sharing

Knowledge sharing with our partners fosters a more skilled workforce, drives industry advancement, boosts economic growth, improves service quality, and contributes to positive environmental outcomes within the electric vehicle sector.

Obstacles

Lack of Infrastructure

Mitigation: Work with governments to provide EV infrastructure for geographies who with insufficient and improve transport connections.

Foreign Policy

Mitigation: Develop diplomatic relationships with local governments and policymakers. Attend global auto industry events.

Enhance working conditions

Mitigation: Support safe working conditions - particularly in resource mining and manufacturing. 

Co-opetition

Mitigation: Reach out to different parternships and keep the most key part in BYD's own supply chain.

Mismatch Between Supply and Demand

Mitigation: Optimize the management control system and do the forecasting estimates.

Other Emerging Clean Energy Technologies

Mitigation: Continuous research and develop on other emerging clean energy technologies.