The Seagull was first launched in China in April 2023 and is BYD’s lowest-priced model.
The Seagull sold a record 60,131 units in May, making it BYD’s best-selling single model.
Author: cnevpost
CATL breaks ground on joint venture battery plant in Indonesia
The plant is expected to have a total battery capacity of 15 GWh, enough to power 250,000 to 300,000 vehicles.
The mega-project will also involve the development of nickel mines and smelters, as well as the construction of a battery precursor factory.
CATL breaks ground on joint venture battery plant in Indonesia
The plant is expected to have a total battery capacity of 15 GWh, enough to power 250,000 to 300,000 vehicles.
The mega-project will also involve the development of nickel mines and smelters, as well as the construction of a battery precursor factory.
Battery maker Eve Energy files for Hong Kong listing
Eve Energy plans to use the proceeds for its Hungarian production base and the third phase of its Malaysian production base.
Eve Energy’s first-quarter power battery shipments totaled 10.2 GWh, while energy storage battery shipments came in at 12.7 GWh.
Tesla’s first batch of V4 Superchargers in China go live
Tesla has launched its first batch of V4 Superchargers with a peak power output of 500 kW in China, as BYD pushes ahead with the deployment of 1-MW charging facilities.
Tesla has already opened over 2,100 Supercharging stations in the Chinese mainland, providing over 11,600 Superchargers.
Leapmotor begins pre-sales of B01 electric sedan starting at $14,770
The Leapmotor B01 measures 4,770 mm in length, between the Xpeng Mona M03 and Tesla Model 3, and offers a CLTC range of up to 650 km.
Leapmotor management previously said that they were confident in achieving monthly sales of over 40,000 units for the B-series models.
Eve Energy plans to build $1.2 billion energy storage battery project in Malaysia
The energy storage battery project is an expansion of Eve Energy’s existing facility in Malaysia, which began operations in February this year.
The project will facilitate the company’s overseas expansion, and will also help it mitigate the risks posed by escalating international trade friction, Eve Energy said. Read more…
Xpeng to launch G7 SUV on Jul 3, days after Xiaomi YU7’s blockbuster launch
Xpeng G7 will officially hit the market on July 3, with pre-sales started on June 11 at a price of RMB 235,800 ($32,880).
The G7’s launch comes days after the Xiaomi YU7’s debut, which secured over 240,000 locked orders within the first 18 hours.
Li Auto cuts Q2 delivery guidance, citing temporary impact of sales system upgrade
Li Auto has updated its second-quarter delivery guidance to 108,000 vehicles, down from the previously announced range of 123,000 to 128,000 units.
This means Li Auto now expects its June deliveries to be about 33,205 units.
Lexus breaks ground on EV plant in Shanghai, set to begin production in 2027
Lexus’ EV plant in Shanghai is expected to be completed in August 2026 and begin production in 2027, with an annual production capacity of 100,000 cars.
Lexus will become the second foreign automotive brand after Tesla to establish a wholly-owned car factory in China.
Xiaomi launches YU7 SUV: Prices undercut Tesla Model Y, 200,000 orders secured in 3 minutes
The Xiaomi YU7 secured over 200,000 firm orders in the first 3 minutes, marking another rare case in China’s EV market.
The starting price for the Xiaomi YU7 is RMB 253,500 ($35,360), lower than the Tesla Model Y’s RMB 263,500.
SAIC’s new car carrier joins fleet, bringing total to 37
Anji Commonality becomes SAIC’s 37th car carrier and will head to Europe on its maiden voyage.
SAIC’s logistics business, Anji Logistics, now operates eight international routes.
CATL to introduce battery swap tech to Europe
CATL has already talked with carmakers about using battery swap technology in Europe, said its board secretary Jiang Li.
Battery swap technology holds huge potential in Europe, as it can reduce battery costs and extend battery lifespan, Jiang noted.
Nio expected to enter Hong Kong market in Q4, report says
Nio is expected to enter the Hong Kong market in the fourth quarter and will work with a distributor to sell cars, according to a local media report.
Nio will also adopt this model in markets such as Azerbaijan and Brazil, said a company insider.
Xpeng launches X9 MPV in Indonesia, local assembly to begin in July
Xpeng will begin production of the right-hand drive version of the X9 in Indonesia in July, marking its first overseas localization project.
The right-hand drive version of the X9 has a starting price of 9.9 billion Indonesian rupiah (60,980 $) in Indonesia.
Exclusive: BYD’s production capacity remains stable, says source close to NEV maker
BYD’s sales have grown steadily, and its production capacity has remained stable, a source close to the company told CnEVPost.
BYD dealers’ inventory levels are also within reasonable ranges, the source added.
Huawei-backed Luxeed begins offering discounts as price war looks set to continue
Luxeed is offering consumers who buy its cars before July 31 a cash discount of RMB 20,000 ($2,790), becoming the latest participant in China’s auto price war.
Luxeed reached the milestone of delivering its 100,000th vehicle just one month ago.
China NEV retail at 691,000 in Jun 1-22, up 38% year-on-year
The penetration rate of NEVs in retail sales was 54.5 percent from June 1 to 22, and 50.06 percent year-to-date.
Year-to-date retail sales of all passenger vehicles in China have exceeded 10 million units.
BYD slows production, cutting output at some factories by a third, report says
BYD has slowed production and expansion in recent months, reducing shifts at some of its Chinese factories and delaying plans for new production lines, Reuters reported.
These measures have been implemented at least four factories, and BYD has also suspended plans for some new production lines.
BYD Zhengzhou, BYD’s 7th car carrier, begins sea trials
BYD Zhengzhou can carry 7,000 vehicles and is expected to be delivered to BYD next month.
To date, BYD’s fleet has transported over 70,000 of the company’s NEVs to destinations worldwide.
