BYD’s prices in overseas markets are relatively stable, which significantly contributes to the company’s profitability, Wang Chuanfu said.
BYD has seen signs of sequential growth in monthly sales in multiple overseas markets.
Category: CnEVPost
Leapmotor begins pre-sales of updated C16 SUV, starting at $23,640
Leapmotor has added five-seat options to the C16 SUV, which previously only had six-seat versions.
The updated C16 is built on an 800-volt high-voltage architecture, with the BEV variant offering a range of 630 km.
BYD’s 2 new car carriers with 9,200-vehicle capacity begin sea trials
The BYD Xi’an and BYD Changsha car carriers have entered the sea trial phase and are set to enter service soon.
Another BYD car carrier, the BYD Shenzhen with a capacity of 9,200 vehicles, arrived in Brazil during its maiden voyage at the end of last month.
Global EV battery market share in Jan-Apr 2025: CATL 38.1%, BYD 17.3%
CATL and BYD’s combined EV battery installations in January-April totaled 171 GWh, accounting for 55.4 percent of the global total.
CATL’s market share slightly decreased from January to April compared to January to March, while BYD’s slightly increased.
BYD to nearly triple its dealer network in South Africa by 2026
BYD plans to expand its dealer network in South Africa to 20 stores by the end of this year and increase to 30 to 35 stores by 2026.
BYD currently sells six models in South Africa, including six BEVs and two hybrid models.
BYD to nearly triple its dealer network in South Africa by 2026
BYD plans to expand its dealer network in South Africa to 20 stores by the end of this year and increase to 30 to 35 stores by 2026.
BYD currently sells six models in South Africa, including six BEVs and two hybrid models.
BYD Seal 06 EV to be launched on Jun 7
The Seal 06 EV will be launched on the first day of the Chongqing auto show on June 7, following its pre-sales at the Shenzhen auto show on May 31.
The pre-sales price range for the electric sedan is RMB 120,000 ($16,720) to RMB 150,000.
China NEV retail up 30% year-on-year to 1.06 million in May, preliminary CPCA data show
This marks the first time this year that China’s NEV retail sales have returned to above 1 million units.
The penetration rate of NEVs in China’s retail market was 53.5 percent in April and 49.76 percent so far this year.
Car carrier on fire carried vehicles from several Chinese brands, report says
Morning Midas was transporting about 3,000 cars from several Chinese automakers, including Chery and Great Wall Motor, according to Bloomberg.
Great Wall Motor had about 140 vehicles on board, but none of them were EVs.
Xpeng unveils heads-up display system developed jointly with Huawei
The AR-HUD system can display information including smart driving, speed, and road conditions, and will first be used in the G7 SUV.
The system uses hardware provided by Huawei and Xpeng’s algorithms.
Nio says Onvo’s ‘tie-up’ with Didi not company-level move
Onvo’s partnership with Didi is not a company-level move, but rather an experiment by a regional team.
A video earlier this week showed Onvo delivering some vehicles for Didi’s ride-hailing fleet.
Nio says Onvo’s ‘tie-up’ with Didi not company-level move
Onvo’s partnership with Didi is not a company-level move, but rather an experiment by a regional team.
A video earlier this week showed Onvo delivering some vehicles for Didi’s ride-hailing fleet.
Chinese sodium battery maker Zoolnasm secures new funding
Zoolnasm recently completed its Series A2 financing round, bringing the total Series A financing amount to nearly RMB 300 million ($42 million).
The funds will be primarily used for technological R&D, capacity expansion, and market development.
Car carrier sailing from China carrying EVs catches fire in Pacific Ocean
A car carrier departing from China and carrying EVs was abandoned after catching fire in the middle of the Pacific Ocean on Tuesday.
Smoke was initially seen rising from a deck loaded with EVs.
Xpeng to debut Huawei’s in-car display solution on G7 SUV
Xpeng said the solution it developed with Huawei offers the industry’s most powerful HUD hardware and software capabilities.
Xpeng previewed the G7 in January, targeting the SUV market priced at RMB 250,000 ($34,810).
CATL partners with Maersk to promote electrification in global logistics industry
CATL and Maersk subsidiary APM Terminals will accelerate the electrification of container handling equipment with high-performance batteries.
APM Terminals said that this collaboration is a key milestone in accelerating its decarbonization transition.
Tesla resumes referral rewards in China as sales face pressure
Tesla is offering Chinese customers who purchase its cars through referral program a discount of RMB 8,000 ($1,110) on optional body paint in June.
Tesla China’s sales in May, including exports, saw a year-on-year decline for the eighth consecutive month.
CPCA estimates China’s May NEV wholesale to grow 38% year-on-year to 1.24 million
In May, China’s passenger NEV wholesale sales are estimated to have reached 1.24 million units, up 38 percent year-on-year and 9 percent month-on-month.
In the first five months of the year, China’s NEV wholesale sales are estimated to have reached 5.22 million units, up 41 percent year-on-year.
Tesla China sells 61,662 cars in May, down 15% year-on-year
This marks Tesla China’s eighth consecutive month of year-on-year sales decline.
In the first five months of the year, Tesla China sold 292,875 vehicles, down 17.64 percent year-on-year.
