BYD
BYD Denza makes inroads into global markets, launches D9 MPV in HK
Denza's first flagship store in Hong Kong will open at the end of June, and it will enter more overseas markets in the future.
Global EV battery market share in Jan-Apr 2024: CATL 37.7%, BYD 15.4%
CATL continued to be No. 1, but with a slight decrease in share from Jan-March. BYD remained in second place and increased its share.
BYD's FinDreams unit to supply battery cells to Tesla's Shanghai Megafactory
BYD's battery making unit FinDreams will be Tesla's new supplier of energy storage cells outside of CATL, securing more than 20 percent of orders for the Megapack product line, according to local media.
BYD May sales breakdown: Song at 82,174 units, Qin 57,072
The Song and Qin families continue to be BYD's best-sellers. The Yuan family was the third best-selling BYD model in May, with 40,231 units sold.
BYD sells 331,817 NEVs in May, PHEV sales set another record high
BYD's PHEVs have continued to hit record highs over the past three months, performing significantly better than BEVs, reflecting the overall market's greater acceptance of hybrid models.
BYD's 1st showroom in Saudi Arabia opens
BYD said it has built up a team of more than 100 people in Saudi Arabia and will open more stores there.
Morgan Stanley cautions of possible new price competition following BYD's launch of 5th-gen DM tech and new models
“While new launches should boost wholesale volume, we would monitor whether it could spark another round of price competition,” Morgan Stanley said.
BYD launches Qin L, Seal 06 hybrid sedans, both with 5th-gen DM tech
The Seal 06 DM-i and Qin L DM-i are the first two models to feature BYD's fifth-generation DM technology, both available in five variants and with a price range of RMB 99,800 ($13,770) to RMB 139,800.
BYD launches 5th-gen DM hybrid tech with lower fuel consumption
BYD's fifth-generation DM technology allows the vehicle to consume as low as 2.9 liters of fuel per 100 kilometers at low charge, with a combined range of up to 2,100 kilometers.
BYD reaches 100 dealer stores in Brazil
BYD plans to increase the number of its dealer stores in Brazil to 250 by the end of 2024.
