Smart and Sustainable Electric Mobility
BYD Seagull was released at the end of April, and mass delivery began in May, with sales of 14,300 units. Its main competitor, the Wuling Bingo, sold 16,383 units in the first month (April) after its release.
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From January to May, the Qin family models sold 171,534 units and the Song family sold 216,625 units.
BYD today announced its new energy vehicle (NEV) sales for May, and later provided breakdown figures to show which of its models are the most popular.
The Qin family models sold a record 43,757 units in May, making it the highest-selling BYD model for the month. This represents a 110.85 percent year-on-year increase and a 3.68 percent increase from April.
From January to May, the Qin family models sold 171,534 units, up 42.81 percent year-on-year.
On February 10, BYD let a facelift of the plug-in hybrid sedan Qin Plus DM-i go on sale, offering five versions with a starting price range of RMB 99,800 ($$14,040) to RMB 145,800.
This is the first time BYD has made the starting price of a model with its DM-i powertrain below RMB 100,000.
The Qin family was also the highest-selling BYD model in March and April.
Song family models sold 38,014 units in May, making it the second highest-selling BYD model in May. This represents an 18.83 percent year-on-year increase and a 6.08 percent increase from April.
From January to May, Song family models sold 216,625 units, up 65.60 percent year-on-year.
The BYD brand includes the Dynasty series and the Ocean series. Song family models include the Song Pro and Song Max DM-i in the Dynasty series, and the Song Plus EV and Song Plus DM-i in the Ocean series.
In May, 13,685 units of the Dynasty series Song were sold and 24,329 units of the Ocean series Song Plus were sold.
BYD Yuan family models sold 35,815 units in May, up 168.62 percent year-on-year and down 8.54 percent from April.
From January to May, the Yuan family models sold 172,218 units, up 192.24 percent year-on-year.
The NEV maker launched the 2023 Yuan Pro on May 31 with a starting price of RMB 95,800.
BYD Dolphin sold 30,679 units in May, up 377.12 percent year-on-year and 0.71 percent from April.
From January to May, BYD Dolphin sold 131,708 units, an increase of 173.61 percent year-on-year.
BYD Han family models sold 20,387 units in May, down 14.82 percent year-on-year, but up 42.28 percent from April.
From January to May, the Han family sold 71,784 units, up 63.72 percent year-on-year.
On March 16, BYD let the 2023 Han EV go on sale. On May 18, BYD let the Han DM-i and Han DM-p facelift models go on sale.
BYD Seagull sold 14,300 units in May. The model was launched on April 26 with a starting price of RMB 73,800, making it the cheapest BYD model.
BYD Seagull sold 1,500 units in April.
BYD Tang sold 11,871 units in May, up 40.50 percent year-on-year and up 0.95 percent from April.
From January to May, the Tang sold 56,682 units, up 18.85 percent year-on-year.
BYD made the 2023 Tang DM-i available on March 16 with a starting price of RMB 209,800.
BYD Chaser 05 sold 10,457 units in May, up 129.42 percent year-on-year and 94.37 percent units from April.
From January to May, 29,684 units of this model were sold.
The BYD Frigate 07 sold 10,005 units in May, flat from the 10,003 units sold in April. From January to May, the model sold 39,630 units.
The BYD Seal sold 8,079 units in May, up 30.05 percent from April. The model sold 34,663 units from January to May.
On May 10, BYD officially launched the revamped version of the Seal with a starting price of RMB 23,000 lower than the previous model on sale.
BYD sold 240,220 NEVs in May, including 239,092 new energy passenger vehicles, and 1,128 new energy commercial vehicles.
Its Dynasty series passenger cars sold 125,515 units in May, and the Ocean series sold 102,572 units.
($1 = RMB 7.1063)
BYD sells record 240,220 NEVs in May, surpasses 1 million for the year
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Among them, pure electric vehicles, including 119,603 pure electric vehicles. BYD sold 10,203 vehicles outside China.
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BYD aims to sell at least 3 million NEVs this year.
BYD (OTCMKTS: BYDDY) saw record new energy vehicle (NEV) sales in May, putting it over the 1 million unit mark for sales in the year.
The NEV giant sold 240,220 NEVs in May, up 108.99 percent from 114,943 units a year ago and up 14.23 percent from 210,295 units in April, according to data released today.
The company discontinued production and sales of vehicles powered entirely by internal combustion engines in March last year to focus on producing plug-in hybrids and pure electric vehicles.
BYD's NEVs include passenger cars as well as commercial vehicles, with sales of 239,092 new energy passenger cars in May, up 109.39 percent from 114,183 units in the same month last year and up 14.14 percent from 209,467 units in April.
BYD's new energy commercial vehicles sold 1,128 units in May, up 48.42 percent from 760 units in the same month last year and up 36.23 percent from 828 units in April.
Among these passenger NEVs, battery electric vehicles (BEVs) sold 119,603 units, up 124.19 percent from 53,349 units a year ago and up 14.6 percent from 104,364 units in March.
Its passenger plug-in hybrid vehicles (PHEVs) were 119,489 units, up 96.42 percent from 60,834 units in the same month last year and up 13.69 percent from 105,103 units in April.
In May, BYD sold 10,203 NEVs in overseas markets, down 31.19 percent from 14,827 units in April. The company first announced overseas sales figures for NEVs in July 2022.
In addition to being China's largest NEV company, BYD is also the country's second-largest manufacturer of power batteries.
BYD's installed power and storage battery capacity in May was about 11.489 GWh, up 85.22 percent from 6.203 GWh in the same month last year and up 15.42 percent from 9.954 GWh in April.
From January to May, BYD's NEV sales exceeded the 1-million-unit mark at 1,002,591 units, up 348.11 percent from 507,314 units in the same period last year.
Its passenger NEV sales for the period were 996,476 units, up 358.15 percent from the same period last year.
BYD aims to sell at least 3 million vehicles this year and strives to reach 3.6 million, the company's chairman and president Wang Chuanfu said at an investor conference in late March.
BYD aims to become China's No. 1 automaker by the end of this year, Wang said at the time.
To achieve its goal of selling 3 million NEVs for the year, BYD would need to sell an average of about 285,000 vehicles each month for the next seven months.
Musk once laughed at BYD, but now thinks 'their cars are highly competitive'
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Yuan Pro EV is a small five-seat electric SUV launched by BYD with a length of 4375mm and a wheelbase of 2535mm.
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The Yuan family of models sold 39,160 units in April, making it the second highest-selling BYD model for the month. | BYDDY.US | BYD HK
(Image credit: BYD)
BYD (OTCMKTS: BYDDY) today officially launched the 2023 Yuan Pro, a compact SUV originally rolled out by BYD in March 2021.
The improved version of the Yuan Pro is offered in three versions with starting prices of RMB 95,800 ($13,500), RMB 105,800 and RMB 113,800 respectively.
BYD started the pre-sale for the 2023 Yuan Pro on April 7, when the pre-sale prices for these three versions were RMB 99,800, RMB 109,800 and RMB 119,800 respectively.
Compared with the pre-sales, the launch prices of the three versions of the 2023 Yuan Pro has been reduced by RMB 4,000, RMB 4,000 and RMB 6,000 respectively.
The model's length and height are 4,375 mm, 1,785 mm and 1,680 mm respectively, with a wheelbase of 2,535 mm.
It continues the Dragon Face 3.0 design language of the previously available model.
The 2023 Yuan Pro is based on the BYD e-Platform 3.0 and features an electric motor with a maximum power of 70 kW and a maximum torque of 180 Nm, accelerating from 0 to 50 km/h in 4.9 seconds.
The car offers two range versions, with a CLTC range of 320 km and 401 km, respectively. It is equipped with a lithium iron phosphate battery pack with a capacity of 38 kWh and 47.04 kWh, respectively.
The 2023 BYD Yuan Pro supports DC fast charging, which can replenish energy from 30 percent to 80 percent in 30 minutes.
The previously available BYD Yuan Pro was launched on March 21, 2021, when two versions were offered at a subsidized price of RMB 121,300 and RMB 131,400, respectively.
China's purchase subsidies for new energy vehicles (NEVs) end at the end of 2022, and the country's purchase tax exemption for such models was extended until the end of this year.
BYD sold 210,295 NEVs in April, up 98.31 percent from 106,042 units in the same month last year and up 1.55 percent from 207,080 units in March, according to data released on May 2.
Yuan family models sold 39,160 units in April, the second-highest-selling BYD model for the month, according to data monitored by CnEVPost. This represents a 158.18 percent year-on-year increase, but a 3.07 percent decrease from March.
The Yuan family of models includes the Yuan Pro as well as the Yuan Plus, for which breakdown sales figures are not available.
The Qin family of models sold a record 42,202 units in April, making it the highest-selling BYD model for the month.
($1 = 7.1036 RMB)
Musk once laughed at BYD, but now thinks 'their cars are highly competitive'
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Deliveries will start later in July. Mercedes controls 10% share in Denza.
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Denza, which currently has only the Denza D9 MPV on sale, delivered 10,526 units in April, the second consecutive month with more than 10,000 units. | BYDDY.US | BYD HK
Denza, the premium new energy vehicle (NEV) brand of BYD (OTCMKTS: BYDDY), has announced the launch schedule for the upcoming Denza N7, after pre-sales of the new SUV began last month.
The Denza N7 will be officially launched in late June, with deliveries starting in July, Zhao Changjiang, general manager of Denza's sales division, said yesterday at the company's first brand day after it was effectively controlled by BYD.
Denza is a joint venture established by BYD and Daimler in February 2011, with each holding a 50 percent stake at the time. In February 2022, the Daimler brand was rebranded as Mercedes-Benz.
BYD's stake in Denza increased to 90 percent last year, and Mercedes-Benz's stake decreased to 10 percent.
In August 2022, Denza let the D9 MPV go on sale, the brand's first model after the reorganization. The Denza D9 began deliveries at the end of October last year and 10,526 units were delivered in April this year, the second consecutive month with more than 10,000 units.
The Denza N7, the second model after the Denza equity change, is a 5-seat midsize SUV with a length, width and height of 4,860 mm, 1,935 mm and 1,602 mm respectively, and a wheelbase of 2,940 mm.
The model will have two front design options, differing in the daytime running lights below the headlights, one with a bar and the other with a grille, Zhao said at yesterday's event.
The N7 will be delivered with smart driving hardware and the advanced assisted driving software will be available starting in December, Zhao said.
The Denza N7 has its own operating system and is compatible with different systems, Huawei's HarmonyOS being one of them.
Denza D9 consumers are in their 30s and 40s, and 30 percent of them ordered the Denza N7, Zhao said.
Data from more than 10,000 orders show that Denza N7 consumers are over 23 years old, younger than those for the D9, he said.
Denza opened reservations for the N7 on the first day of the Shanghai auto show on April 18, but its pricing information was not released.
Zhao said on Weibo last December 20 that the SUV aims to capture the market for traditional internal combustion engine cars priced around 400,000 yuan ($56,300).
On April 25, Denza said the N7 received 10,569 pre-orders, just seven days after pre-sales bean.
In addition to the N7, Denza has also unveiled the exterior and interior design of another SUV, the Denza N8.
($1 = 7.1044 RMB)
Denza could see monthly sales of over 20,000 units this year, exec says
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The customized bus, with a length of over 12 meters, can carry over 90 passengers with a range of more than 450 km.
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Most of the 500 EVs to be delivered to Blue Bird this year will be filled by BYD, particularly the E6 and T3 models, an executive with the Indonesian company said. BYDDY.US | BYD HK
(A 2018 file photo shows the BYD E6 as taxis in China. Image credit: BYD)
BYD (OTCMKTS: BYDDY) will be the main supplier of Indonesia's largest taxi operator's electric vehicle (EV)fleet, as the Chinese new energy vehicle (NEV) giant continues to expand in overseas markets.
PT Blue Bird will buy 80 percent of its EVs from BYD while reviewing its Tesla orders as lower-cost models win out in the country, Bloomberg said in a report today.
Most of the 500 EVs to be delivered to Blue Bird this year will be filled by BYD, especially the E6 and T3 models, because they are better suited to the Indonesian market, its President Director Sigit Priawan Djokosoetono said in an interview.
"If the price is too expensive, it would be unreasonable for us to then charge it to customers, so we need to consider this," he said, adding, "We use a lot of imported BYD models as the price is supportive for us to operate in Indonesia."
It is worth noting that this is not the first time BYD has supplied EVs to Blue Bird.
On April 22, 2019, Indonesia released an electric taxi trial program in which Blue Bird first introduced the BYD E6 as its all-electric taxi, according to a previous BYD press release.
BYD sold 210,295 NEVs in April, up 98.31 percent from 106,042 units in the same month last year and up 1.55 percent from 207,080 units in March, according to data released earlier this month.
The company stopped production and sales of vehicles powered entirely by internal combustion engines in March last year and switched to focus on producing plug-in hybrids and pure electric vehicles.
In April, BYD sold 14,827 NEVs in overseas markets, up 11.38 percent from 13,312 units in March.
From January to April, BYD sold 53,550 units in overseas markets, according to data monitored by CnEVPost. The company first announced its overseas sales figures for NEVs in July 2022.
On May 25, BYD signed a memorandum of understanding with Indonesia at its Shenzhen headquarters aimed at exploring the potential for investment in Indonesia, particularly in the EV sector, according to a statement from the Southeast Asian country.
"The signing of this MoU reflects the importance of future steps in realizing the ambition for electric vehicles in Indonesia. We want to develop the electric vehicle ecosystem in Indonesia to become the largest automotive market in Southeast Asia, and we appreciate BYD's initiative to further explore these opportunities," said Luhut B. Pandjaitan, Indonesia's Coordinating Minister for Maritime Affairs and Investment.
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