Tian Chunlong, general manager of BYD Commercial Vehicle, emphasized the growing momentum in the industry: “The transition to commercial vehicle electrification has entered a rapid growth phase, with market penetration of new energy commercial vehicles rising from single- to double-digit percentages.” BYD, the only Chinese commercial vehicle manufacturer with full in-house control over core NEV technologies—battery, electric motor, electric control unit, and chip—has utilized its robust research and development capabilities and integrated supply chain to expand its product offerings to meet market demands. The collaboration will leverage JD.com’s government and enterprise service platform to explore new applications for BYD’s NEVs.
Wang Peinuan, senior vice president of JD.com, highlighted JD AUTO’s role as a leading B2B platform with significant growth and early-mover advantages. He stated: “JD AUTO has grown into a significant B2B platform with strong early-mover advantages and notable business growth.” The partnership will prioritize promoting BYD’s commercial vehicles in sectors such as energy and tobacco, while also utilizing JD.com’s expertise in insurance and supply chain management to support the entire lifecycle of these vehicles.
The agreement encompasses potential collaboration in areas such as product integration, platform-based marketing, and employee purchasing programs, indicating a comprehensive approach beyond just vehicle sales. This partnership aligns with the increasing demand for sustainable transport solutions in China, where NEVs are gaining traction due to their environmental benefits and technological advancements.
BYD’s leadership in NEV technology and JD AUTO’s robust platform capabilities position the partnership to drive innovation and expand market reach. The collaboration is expected to enhance the accessibility and adoption of electrified commercial vehicles, supporting China’s broader goals for sustainable development and clean energy in the transportation sector.
