BYD's Li Yunfei responds to the "normal pressure fuel tank" and "Evergrande in the car circle" incidents: the fuel tank is compliant and the finances are fine
2025-06-08 15:47:20

Li Yunfei, general manager of BYD's brand and public relations department, posted on Weibo today that recently, we have been caught up in a public opinion storm under the instigation of some of our peers. Now we have the following explanations on the two topics of "normal pressure fuel tank" and "Evergrande in the car circle": Regarding the "normal pressure fuel tank", the normal pressure fuel tank solution we adopted from 2021 to 2023 meets regulatory requirements. Later, some customers reported that due to the poor experience of regular engine start-up, we subsequently switched to a high-pressure fuel tank solution. Regarding "Evergrande in the car circle", I would like to add more information to everyone: Since the second half of last year, a certain car company in Hebei has continued to initiate topics such as "high debt ratio", "financial fraud", "financial audit" and "Evergrande in the car circle" in the automotive industry, inciting public opinion and fueling the storm. At the end of last year, the car company also maliciously reported BYD to the Shenzhen Stock Exchange, the Hong Kong Stock Exchange and relevant national financial regulatory agencies. After a detailed investigation by the stock exchange and relevant national regulatory authorities, it was confirmed that we had no problems.
BYD
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