BYD Shark exported 3,410 units in December, bringing full-year 2024 exports to 11,038 units.
BYD launched the Shark in Mexico on May 14, 2024, and the pickup is already available in more markets including Brazil and Australia.
Category: CnEVPost
BYD to complete Indonesia plant by year-end
The planned annual capacity of BYD’s Indonesia plant is 150,000 units, and the long-term plan is for the export market.
With this investment, BYD was allowed to temporarily ship its cars to Indonesia free of import duties.
BYD Denza Z9GT, Fang Cheng Bao’s Bao 8 both see cumulative deliveries reach 10,000 units
The Denza Z9GT had an average sales price of RMB 380,000 ($51,950), while the Fang Cheng Bao brand had an average sales price of RMB 332,000 in December.
The Z9GT went on sale on September 20, 2024 and the Bao 8 on November 12, 2024.
Xpeng sees Mona M03 deliveries exceed 60,000 units, latest 10,000 in 15 days
The Mona M03 delivered 15,904 units in December, the fourth month over the 10,000 mark, and contributed 43 percent of Xpeng’s monthly deliveries.
The sedan is the least expensive of Xpeng’s models on sale, at about half the price of the Tesla Model 3.
Xpeng to open new headquarters building in Guangzhou in Aug, plans to expand offices in other cities
The new headquarters building will allow for a threefold increase in office space and a four-level underground garage.
Xpeng will also begin expanding all of its offices in China, including offices in Beijing, Shanghai, Wuhan and Shenzhen.
BYD launches Sealion 07 electric SUV in India, deliveries to begin in Mar
The Sealion 07 has been rebranded as the Sealion 7 in India and is offered in a single-motor variant and a dual-motor variant.
BYD also showcased the Sealion 6 in India — Song Plus DM-i in China, and the Yangwang U8.
Analysts raise ‘5 big conjectures for 2025’, ‘Xiaomi acquiring Nio’ included
A Nio executive quoted the report’s authors as saying it was their internal sharing of their recognition of the Nio brand and the battery swap model.
Other conjectures include X acquiring TikTok and Truth Social and re-listing.
CPCA expects China Jan NEV retail at 720,000 units, down 44.7% from Dec
Overall passenger car retail sales are expected to be around 1.75 million units, down 33.6 percent from the previous month.
The overall market is weak, as the new round of incentives have just been announced, and consumers were in a wait-and-see mood at the beginning of the month.
Li Auto opens its 1st overseas R&D center in Germany
Li Auto opened an R&D center in Munich, Germany, which it said is the first step in its global R&D strategy.
The German team will help Li Auto gain insights into the European market and build development and testing capabilities based on European automotive regulations.
BYD debuts Han L, Tang L as its new push in China’s premium EV market
The Han L and Tang L are the new flagship models of BYD’s Dynasty lineup, targeting the premium segment with prices in the RMB 300,000 ($40,930) class.
The exact prices of Han L and Tang L were not announced today and are expected to be known at a new event in March.
China’s NEV ownership exceeds 30 million units
The number of NEVs in China reached 31.4 million, accounting for 8.9 percent of all vehicle ownership.
China’s BEVs ownership amounted to 22.09 million vehicles, accounting for 70.34 percent of the total 31.4 million NEVs.
BYD Shenzhen, world’s largest car carrier, ready for operation
BYD Shenzhen completed its undocking and is the world’s largest ro-ro ship to date, with a capacity of 9,200 vehicles.
BYD’s fleet previously consisted of three vessels — BYD Explorer No.1, BYD Hefei and BYD Changzhou.
Arcfox plugs into Nio’s charging network
BAIC’s EV unit Arcfox has plugged into Nio’s charging network, becoming the 16th brand to do so.
Nio currently has 2,623 supercharging stations and 1,683 destination charging stations in China.
Neta sells nearly 30,000 cars overseas in 2024, aims to double in 2025
Neta sold nearly 30,000 cars overseas in 2024, with overseas sales channels growing to 184.
In 2025, Neta will increase its efforts in overseas markets, aiming to double its overseas sales.
BYD launches Sealion 07 EV in Mexico, Yangwang U9 makes local debut
The Sealion 07 EV has been renamed the Sealion 7 in Mexico, with a starting price of 949,800 Mexican pesos ($46,200).
The Sealion 07 EV is already available in Europe and Thailand and will be launched in Japan later this year.
Nio expected to be included in HK’s Hang Seng Index, says CICC
ETFs tracking the Hang Seng Index currently stand at about $27.53 billion, according to CICC.
Nio has been included in the Hang Seng Composite Index and the Hang Seng Technology Index since 2022.
Ehang completes maiden flight of unmanned eVTOL in downtown Shanghai
Ehang completed the maiden flight of the EH216-S in downtown Shanghai, where it will start a regular trial run of eVTOL sightseeing tours.
This will prepare Ehang for the next step of commercializing air cab operations in Shanghai.
BYD shares official images of Han L and Tang L, with debut 1 day away
BYD shared two images each of the Han L sedan and Tang L SUV, showing off their exteriors.
The company will hold a design introduction event for both models tomorrow.
Nio’s William Li welcomes ‘TikTok refugees’ on Chinese app RedNote
William Li welcomes overseas users new to RedNote in English, and explains the new term “Jiadian” that has emerged in China in recent years.
With the looming US ban on TikTok, about 1 million new users have flocked to RedNote in the past few days.
BYD forays into South Korean passenger car market with Atto 3 electric SUV
BYD will begin deliveries of the Atto 3 in South Korea in February and plans to launch the Seal electric sedan and Sealion 7 electric SUV there in the second half of this year.
The Atto 3 is available in two versions in South Korea with a pre-subsidy starting price of 31.5 million won ($21,600).
