The interior of the BYD FangChengBao SF off-roader was spied in China with three screens. It will compete with German legacy brands.
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Category: BYD
Musk once laughed at BYD, but now thinks ‘their cars are highly competitive’
"That was many years ago. Their cars are highly competitive these days," Musk said.
A video of Tesla (NASDAQ: TSLA) CEO Elon Musk laughing when asked about BYD (OTCMKTS: BYDDY) in an interview has sparked widespread discussion on social media from time to time.
Now, as the video has sparked renewed buzz on Twitter, Musk has responded.
"That was many years ago. Their cars are highly competitive these days," Musk said in a May 27 reply below a video shared by Tesla Owners Silicon Valley on Twitter.
That was many years ago. Their cars are highly competitive these days.
— Elon Musk (@elonmusk) May 27, 2023
In a 2011 interview, a Bloomberg host mentioned that Tesla began to have competitors, such as BYD, which was ramping up.
Musk laughed at those words and asked the host if she had seen BYD's cars.
Musk's reaction at the time was understandable; after all, BYD was just a Chinese car company targeting the lower end of the market in 2011 and was far less well-known than it is now.
Even in 2019, BYD's annual sales of only 461,400 units across all models are nowhere near the 2 million sales of SAIC Volkswagen in the same year.
BYD saw explosive sales growth in 2021 and stopped production and sales of vehicles powered entirely by internal combustion engines in March 2021.
BYD sold 1,863,494 new energy vehicles (NEVs) in 2022, up 208.64 percent from 603,783 in 2021.
For comparison, Tesla delivered 1,313,851 vehicles worldwide in 2022, up 40.38 percent from 935,950 in 2021.
In the first quarter of the year, BYD sold 547,917 passenger NEVs, up 92.81 percent year-on-year, including 264,647 battery electric vehicles (BEVs) and 283,270 plug-in hybrid vehicles (PHEVs).
Tesla's vehicles were all BEVs, delivering 422,875 units in the first quarter, up 36.39 percent year-on-year.
Ford CEO Jim Farley expressed similar opinions on May 26, calling Chinese electric vehicle (EV) makers its main competitors in the segment.
Farley said that China has some of the best battery technology and is dominating EV production at the Morgan Stanley Sustainable Finance Summit.
He used BYD as a prime example of a Chinese automaker that has successfully developed and sold EVs, first in China and now in Europe.
"I like BYD. Totally vertically integrated, aggressive … very, very impressive company. And they were always committed to electric," Farley said when asked which company was doing the right thing in making EVs.
Tesla delivers 39,956 vehicles in China in Apr, exports 35,886 units from Shanghai plant
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BYD Song Pro DM-i Champion Edition launched in China for 19,190 USD
BYD Song Pro DM-i launched in China right after GWM reported that BYD possibly failed emission standards. How did BYD handle it?
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Great Wall Auto Reports BYD’s Potential Emission Violations
At present, whether BYD violates the regulations still needs to be identified by the regulatory authorities. If the charges are established, BYD could face a massive recall and fines.
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BYD launches 2023 Song Pro DM-i with lower prices and longer battery range
The 2023 Song Pro DM-i starts at RMB 5,000 less than the model's 2022 counterpart, but the two lower-priced versions come with larger battery packs.
(Image: BYD video screenshot)
BYD (OTCMKTS: BYDDY) today launched yet another model facelift, and as it has been doing for past few months, it's making some specification upgrades while pricing them lower.
The model, called Song Pro DM-i Champion Edition, is offered in four versions starting at RMB 135,800 ($19,200), RMB 142,800, RMB 149,800 and RMB 159,800 respectively.
It has a battery range of 71 km for the lower-priced two versions and 110 km for the other two versions, with battery packs of 12.9 kWh and 18.3 kWh respectively.
For comparison, the previously on-sale BYD Song Pro DM-i has five versions with starting prices of RMB 140,800, 147,800, 154,800, 157,800 and 165,800 respectively, according to data monitored by CnEVPost.
The 2022 Song Pro DM-i includes three versions with a battery range of 51 km, and two versions with a battery range of 110 km, and they have a battery pack capacity of 8.3 kWh, 18.3 kWh respectively.
This means that the starting price of the 2023 BYD Song Pro DM-i has been reduced by RMB 5,000 and the battery range of the version with the smaller battery pack has been increased.
The BYD Song Pro DM-i Champion Edition measures 4,738 mm in length, 1,860 mm in width and 1,710 mm in height, and has a wheelbase of 2,712 mm.
The 2022 BYD Song Pro DM-i has a length, width and height of 4,650 mm, 1,860 mm and 1,700 mm, respectively, and a wheelbase of 2,712 mm.
The Song Pro DM-i Champion is powered by a 1.5L engine with a maximum power of 81 kW and a maximum torque of 135 Nm. It has an electric motor with a maximum power of 145 kW and a maximum torque of 325 Nm.
The time from 0 to 100 km/h is 8.3 seconds for the two less expensive versions and 7.9 seconds for the other two more expensive versions.
Chinese new energy vehicle (NEV) makers have generally faced weaker consumer demand so far this year, with the withdrawal of state purchase subsidies at the end of last year.
BYD has continued to roll out facelifts and offer lower starting prices in the past few months.
On March 16, BYD made the 2023 Han EV available for a starting price of RMB 209,800, down from RMB 219,800 for the model's 2022 version.
On May 10, BYD launched a revamped version of its all-electric Seal sedan, with a starting price of RMB 23,000 lower than the previously available model.
On May 18, the 2023 Han DM-i and Han DM-p models were launched in China with starting prices reduced by RMB 28,000 and RMB 32,000 respectively compared to the 2022 model.
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.
BYD aims to sell at least 3 million vehicles this year and strives for 3.6 million, Wang Chuanfu, the company's chairman and president, said at a March 29 investor conference.
($1 = RMB 7.0719)
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Great Wall Motor accuses 2 BYD hybrids of failing to meet pollutant emissions standards as competition intensifies
Great Wall Motor's Haval H6 was the best-selling SUV for years, but that spot has been taken by BYD's Song family of models.
(Image credit: CnEVPost)
Chinese fuel-car giant Great Wall Motor is making its conflict with local new energy vehicle (NEV) giant BYD (OTCMKTS: BYDDY) public, as the competition between the two grows fiercer.
Great Wall Motor has filed a report with Chinese regulators against BYD, alleging that the latter's Qin Plus DM-i and Song Plus DM-i use normal-pressure fuel tanks and are suspected of having substandard evaporative pollutant emissions, according to a statement today.
Great Wall Motor filed the report with China's Ministry of Ecology and Environment, the State Administration of Market Supervision and Administration, and the Ministry of Industry and Information Technology on April 11, according to the statement.
Under Chinese law, environmental regulators are supposed to conduct a preliminary review of suspected violations and decide whether to open a case, according to the statement.
Great Wall Motor is now closely monitoring regulators' progress in handling the report, the statement said.
Great Wall Motor was once the top-selling SUV company in China, with its Haval H6 being the best-selling SUV for many years.
But in the past few years, BYD has risen to the top at a time of rapid growth in China's NEV industry, with its Song family of models often becoming the new No. 1 SUV seller.
From January to April, the BYD Song family sold 174,422 units, up 76.5 percent from 98,809 units in the same period last year, making it the best-selling SUV in China during that period, according to the China Passenger Car Association (CPCA).
The Haval H6 sold 63,682 units from January to April, down 25.9 percent from 85,986 units in the same period last year, placing it fifth in the best-selling SUV retail sales rankings.
Great Wall Motor is trying to recapture lost share in the SUV market with new model launches, making the Xiaolong line of plug-in hybrid SUVs available on May 16, offering the Haval Xiaolong as well as the Haval Xiaolong Max models.
The Haval Xiaolong is a compact SUV aimed at the Song Pro DM-i series, while the Haval Xiaolong Max is a mid-size SUV aimed at the Song Plus DM-i series.
Later today, BYD will officially launch the 2023 Song Pro DM-i in China, which is expected to bring the price down from the previously available version.
Full CPCA rankings: Top-selling models and automakers in China in Apr
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BYD FangChengBao SF fan render images and first interior spy shots revealed. G-Class rival?
The BYD FangChengBao SF is a new G-Class rival. It has a brawny look, a huge screen in the cabin, and up to 680 hp.
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BYD rolls out 1st energy storage system using blade batteries
BYD has been using blade batteries in its full line of passenger cars and released a bus chassis platform using blade batteries in September last year.
BYD is starting to use its signature blade battery in its energy storage systems, marking another major use of the battery technology in the company's business after passenger cars and electric buses.
BYD launched its first energy storage system based on blade batteries, the BYD MC Cube, at a solar-related trade show today, according to a live video replay.
The energy storage system is equipped with blade battery cells that have passed pinprick tests and adopts a technology called CTS (cell to system).
These blade batteries use a module-less, pack-less design and are integrated directly into the system, reducing the number of components by about 36 percent, the company said.
This approach improves space utilization by about 98 percent, allowing for a structural strength improvement of about 30 percent.
In March 2020, BYD officially unveiled its blade battery based on lithium iron phosphate chemistry, and in July 2020 it launched its flagship sedan Han, the first to carry the battery.
To date, the new energy vehicle giant's entire lineup of passenger cars uses the battery.
On September 19, 2022, BYD brought the battery technology to electric buses by debuting what it called the eBus Blade Platform, a bus chassis technology platform that uses the blade battery, at the IAA Transportation event in Hannover, Germany.
It is worth noting that BYD's previously announced 2022 annual report provides more details about this energy storage system.
BYD MC Cube is a new generation energy storage system with ultra-high capacity density, ultra-safety, ultra-long life and ultra-low cost built by BYD to gain the No. 1 share of the global energy storage market, according to the report.
BYD had already been developing four models of that energy storage system in February 2022, and they would all begin mass production in March 2023, the report said.
When assembled into 20-foot containers, the energy storage system can have a capacity of 5.36 MWh per unit.
BYD's MC Cube highlights the technical capabilities of BYD's energy storage system innovation, which is expected to accelerate the world's energy revolution process, the annual report said.
BYD's installed power and energy storage battery capacity in April was about 9.954 GWh, up 59.47 percent from 6.242 GWh in the same month last year and up 0.64 percent from 8.952 GWh in March, according to data it announced on May 2.
Tesla to build new Megafactory in Shanghai to produce Megapack energy storage system
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Equation Leopard. BYD F-Brand’s name finally unveiled, and it is really strange
The mystery around the BYD's F-Brand was finally dispelled. It has appeared to be Fangchengbao or Equation Leopard.
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BYD opens its 1st flagship experience center to showcase entire lineup of models
The facility is being used to showcase models from all of BYD's brands, including the BYD Seagull, which starts at just RMB 73,800, and the Yangwang U8, which has a pre-sale price of RMB 1,098,000. | BYDDY.US | BYD HK
(Image credit: BYD)
With dozens of models on sale across all BYD Group brands, displaying them in the same showroom would require extra-large facilities, which the company has begun to roll out.
BYD had its first brand experience center officially opened on May 20 at the Wuhan International Expo Center in Wuhan, central China's Hubei province.
BYD Group's car brands include the high-end Yangwang and Denza in addition to BYD, and the models currently on sale and available for pre-order include both the BYD Seagull, which starts at just 73,800 yuan ($10,500), and the Yangwang U8, which has a pre-sale price of RMB 1,098,000.
In addition to these brands, BYD is also expected to officially launch the F-brand's first model codenamed SF in June to target a market priced at RMB 400,000 to RMB 600,000, as CnEVPost previously learned.
BYD's first experience center occupies five floors with a total area of 6,550 square meters and contains areas including brand display, model display, technology display, and user activities.
In the brand display area, visitors can learn about BYD's four businesses -- electronics, automotive, new energy, and rail transportation -- as well as its electrification strategy, according to a BYD press release.
The model showcase area presents models including the BYD Frigate 07, BYD Seagull, Denza D9 and Yangwang U8.
Visitors here can experience models from BYD's Dynasty and Ocean series, as well as models from Denza, Yangwang and yet-to-be-announced personalized brands, BYD said.
BYD did not explicitly mention what that specialized personalization brand is, but according to information it previously announced, it is the new brand codenamed F brand.
The experience center building's facade has an area between the BYD and Yangwang logos, which appears to be a reserved spot for the F brand's logo.
BYD has also created a technology showcase in the experience center, with a patent wall to showcase its technology reserves. Visitors can also see BYD's demonstration of DM-i and e-Platform 3.0 here.
The facility is an important step in BYD's efforts to create a world-class brand experience center, the company said.
In the future, BYD will build more of the facility in commercial locations in China's super tier one cities and provincial capitals, where they will become local landmarks, BYD said.
BYD sold 210,295 new energy vehicles (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.
From January to April, BYD's NEV sales were 762,371 units, up 94.3 percent from 392,371 units in 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.
($1 = RMB 7.0296)
BYD officially launches Seagull to expand its presence in China's EV market
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