However, in 2010, China began ramping up subsidies and support for new‑energy vehicles, leading many to mistakenly believe that these cars only emerged during that period. At the same time, market challenges such as difficult charging infrastructure and limited driving range gradually came to light. Even years later—when charging is no longer a hassle and range has reached levels comparable to conventional gasoline cars—some people remain skeptical, arguing that the cost of replacing batteries over time could exceed the fuel expenses of a gasoline vehicle. What’s more, battery degradation remains a persistent concern. So, should you really buy a new‑energy car? Let’s hear what owners who’ve made the switch have to say.

Relatively mature new-energy vehicles typically come equipped with a backup battery for emergency use. At present, charging stations for new-energy vehicles have not yet achieved widespread adoption, but this issue should be addressed in the future—much like today’s gas stations, which are strategically located at regular intervals to provide convenient access to charging points. As a high-tech enterprise under its umbrella, it was among the earliest to develop equipment for electric-vehicle charging stations and has become a well-known supplier of charging infrastructure to domestic power utilities and EV manufacturers. The initial phase of its new‑energy‑vehicle business coincided with the launch of 2011 new‑energy vehicles in Shenzhen, which in turn laid the groundwork for BYD’s growth in this sector.

Thank you for the invitation to answer: What are the drawbacks of new-energy electric vehicles, and are they really worth buying? As new-energy vehicles become increasingly popular, more and more manufacturers are entering this market—ranging from established players like BYD to even Evergrande, which has also ventured into electric cars. The EV industry is experiencing rapid growth; however, along with this momentum come certain shortcomings. As the saying goes… Below, we’ll take a closer look at the key limitations of new-energy vehicles. One major issue is the long charging time.

Energy‑related vehicles: new‑energy intelligent vehicles; smart electric vehicles; new‑energy buses and new‑energy sightseeing vehicles; plug‑in hybrid electric vehicles; battery electric vehicles (BEVs, including solar‑powered cars); hydrogen‑fuel‑cell vehicles; aerodynamic vehicles; magnetic‑propulsion vehicles; and other types of new‑energy vehicles.

The installed capacity of power batteries in the automotive industry. As a global leader in advancing new‑energy electric vehicles, China is positioning EVs as a key lever for its next phase of industrial transformation.

The company is among the earliest manufacturers to establish a presence in the FPC sector for new-energy vehicle power batteries, and new-energy vehicle batteries and automotive electronics are among its key growth areas.