The automobile industry is accelerating its shift to new energy, especially the trend of electrification is unstoppable. More and more car brands are also considering stopping production of fuel vehicles. Previously, domestic automakers such as BYD , Long March, and Hanma announced that they had stopped developing fuel vehicles. Now Dongfeng Fengxing has also followed suit, and is fully electrified within three years.
According to Dongfeng Fengxing’s official WeChat, Dongfeng Liuzhou Automobile Co., Ltd.’s passenger car brand Dongfeng Fengxing announced a strategic adjustment, deciding to achieve 100% electrification within three years and stop production of fuel vehicles within five years.
By 2030, Dongfeng Fengxing will continue to invest 20 billion yuan in the new energy field.
On April 3 this year, BYD Auto suddenly announced to the public that it would stop the production of fuel vehicle complete vehicles. In the description, it stated: According to the company's strategic development needs, the company has stopped the production of complete fuel vehicles since March 2022.
In the future, in the automotive sector, the company will focus on pure electric and plug-in hybrid automobile businesses.
BYD is the first car company in the world to announce the suspension of production of pure fuel vehicles. Since then, more domestic car brands and overseas brands have also announced similar plans one after another.
