BYD | From Battery OEM to Global EV Sales Champion, Vietnam's New Energy Breakthrough Guide

Vietnam's Electric Motorcycle Ownership Exceeds 10 Million Vehicles: Green Transition at a Critical Juncture, but New Energy Manufacturing Dominated by Foreign Capital and Core Technology "Chokeholds"? BYD's 29-Year Path from Battery OEM to Global EV Sales Champion is the Key to Vietnam's Breakthrough!

📈 BYD's 4 Core Growth Stages:
• Start-up (1995-2002): Began with battery OEM, accumulated electrochemical core technologies, and broke through the "no technology, no brand" dilemma—directly relevant to Vietnam's current new energy enterprises.
• Accumulation (2003-2010): Cross-border entry into the automotive sector, focused on new energy, and achieved self-sufficiency in "battery-motor-electronic control"—a critical technology accumulation period Vietnam must seize now.
• Breakthrough (2011-2020): Deployed a full industrial chain from "minerals-battery-vehicle", eliminated foreign dependence, and ranked among the world's top in new energy sales by 2020.
• Ascent (2021-2026): Surpassed Tesla to become the global EV sales champion in 2022; sales exceeded 3.8 million vehicles in 2024. The "Blade Battery" leads globally, and a 120,000-strong technical team safeguards against supply chain risks.

✨ Core Competitiveness: Vertical Integration + Self-Research Technology

1. Full-Industry-Chain Vertical Integration: Controlled the entire process from minerals to vehicles, reducing costs and risks; successfully withstood the global supply chain disruption shock in 2022.

2. Relentless Core R&D: Consistently invested 5%-8% of revenue in R&D, achieved self-control over core technologies like the "Blade Battery", and won through technology rather than low prices.

🎯 5 Core Insights for Vietnam's New Energy Enterprises:
• Start from Niche Segments: Leverage the electric motorcycle advantage to first focus on batteries, charging piles, and other components, accumulate technology and capital, and avoid direct competition with foreign giants.
• Build Local Supply Chains: Connect local SMEs to gradually localize components, reducing dependence on imports from China and South Korea.
• Leverage Policy + Smart Investment: Align with government green policies for support, attract Chinese investments to learn technologies, and avoid being mere OEM factories.
• Reject Short-Term Profit Chasing: Allocate 3%-5% of revenue to R&D, focus on breakthroughs in niche technologies, and build proprietary technical barriers.
• Use RCEP to Go Global: Rely on trade agreements to export local components to ASEAN, expanding market space.

💡 Critical Reminder: BYD's ascent relied on 29 years of technological accumulation and industrial chain integration—there are no shortcuts! By leveraging its own advantages and adopting BYD's core logic of "niche entry + self-research + integration", Vietnam can break free from foreign dependence and build local new energy strengths!