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.
Category: CnEVPost
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.
Nio, Tesla cars listed in China’s rural EV promotion campaign
BYD expands into Cyprus, launching 4 models
BYD launched the Atto 3, Seal, Sealion 7, and Seal U DM-i in Cyprus.
BYD’s BEV registrations in Europe surpassed Tesla’s for the first time in April.
China EV insurance registrations for week ending Jun 1: Nio 3,000, Tesla 13,000, Xiaomi 7,800
Nio Inc, including the Nio, Onvo, and Firefly brands, saw 5,400 insurance registrations in China last week, a decrease of 17.30 percent from the previous week.
Tesla saw an increase of 18.18 percent in insurance registrations in China last week compared to the previous week’s 11,000 units.
Tesla equipping Shanghai Megafactory with ‘giant power bank’
Tesla is equipping its Shanghai Megafactory with a distributed photovoltaic power generation and energy storage system project.
The project will feature a 6-MW photovoltaic power generation system and an 8-MWh energy storage system.
Xpeng hints at adopting Huawei’s in-car display solution in rare tie-up
Xpeng hinted that one of its new models will adopt Huawei’s HUD (head-up display) solution.
This marks a rare collaboration between the two companies, which have had previous friction.
Nio in talks with potential buyer to sell stake in key asset, report says
Nio is in talks with potential buyers to sell a stake in a key asset, according to Chinese tech media outlet LatePost.
Two months ago, reports emerged that CATL was in talks to acquire a controlling stake in Nio Power.
