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At the software level, MetaPLUS uses the DiLink4.0 (4G) intelligent networking system for target detection through the fourth generation monocular camera, paired with the entire vehicle, equipped with the DiPilot intelligent driving assistance system, integrating multiple auxiliary functions such as ACC-S&G start stop full speed adaptive cruise control system, AEB automatic emergency braking system, ICC intelligent navigation system, TSR traffic sign intelligent recognition system, LDWS lane departure warning system, BSD blind spot monitoring system, etc.

By comprehensively comparing the new energy vehicle SUV models on the market, it is not difficult to find that BYD is exploring the market through compact SUVs, including the previous Dolphin and this time the Yuan PLUS. In fact, in recent years, compact SUVs have emerged one after another in the new energy vehicle market, and the market strategy adopted by BYD is also a major way for new energy vehicle companies to compete for market share.

It is also worth mentioning that BYD has recently started delivering pure electric buses to the Colombian capital city of Bogota, marking the start of batch delivery and operation of BYD's largest overseas pure electric bus order (1002 vehicles) that has won the bid. As of now, BYD has won over 1550 orders for pure electric buses in Colombia, accounting for over 96.5% of the local electric bus market share.

Layout upstream and midstream

On January 27, 2022, BYD announced that its IPO application for the ChiNext board of BYD Semiconductor was approved. If not unexpected, BYD Semiconductor will become the first A-share car chip listed company, and also the third listed company of BYD Group after BYD (002594. SZ) and BYD Electronics (00285. HK).

In the competition for market share in new energy vehicles, BYD's tactics have also expanded to the upstream of the industry chain. In addition to promoting the listing of BYD Semiconductor, BYD also continues to expand production and capacity in the field of power lithium batteries. According to the official website of Xiangyang Investment Promotion Bureau, the city has signed a strategic cooperation framework agreement with BYD in January 2022. The Xiangyang BYD Industrial Park will be constructed, including power lithium battery production lines and components, zero carbon park, and automotive components projects. The industrial park will be constructed in three phases, with a total investment of 10 billion yuan in the first phase.

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