By Kate Yuan

(JW Insights) May 30 -- China is the birthplace of PHEV (Plug-in Hybrid Electric Vehicle) technology and also the world’s largest PHEV market. Over 80% of countries and regions around the world are referencing China's PHEV standards, Chinese EV giant BYD informed its investor platform of the Shenzhen Stock Exchange on May 29, Pandaily reported.

BYD is willing to share its core technology control strategies and principles, patent achievements with all automotive peers for free, and accept analysis and discussion from industry experts, said the company.

BYD also stated that its atmospheric pressure fuel tank meets the standards of evaporative emission regulations.

BYD also stated that currently Chinese brands represent the advanced direction of global PHEV technology. China’s evaporative emission standards have international foresight and leadership, and do not limit technological routes. They encourage enterprises to innovate in technological routes based on results-oriented approaches, according to the Pandaily report.

(Yuan XY/Gao J)