BYD's supercar can do the 0-100 in 2 seconds and churns out 1100hp.
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Category: BYD
BYD’s new plant in central Chinese city Zhengzhou goes into operation
Currently in production is the first phase of BYD's Zhengzhou base, with a planned annual capacity of 400,000 vehicles. | BYDDY.US | BYD HK
BYD (OTCMKTS: BYDDY) has officially started production at a new vehicle production site that begins contributing to the capacity of China's largest maker of new energy vehicles (NEVs).
The production site, located in Zhengzhou, Henan province in central China, saw its first production vehicle roll off the line on April 6, according to a report by a local TV station.
The project was signed in September 2021 and took 17 months to complete construction and go into production.
Currently in production is the first phase of the Zhengzhou base, which covers an area of 4,101 mu (2.7 square kilometers) and has a planned annual production capacity of 400,000 vehicles.
The production base will have phase II and phase III projects, and the total production capacity will exceed 1 million units after completion.
The first mass-produced vehicle to roll off the line from BYD's Zhengzhou base is a Song Pro DM-i, which has a guide price range of RMB 140,800 ($20,480) - 165,800 yuan.
Officials from the Henan provincial government, as well as BYD chairman and president Wang Chuanfu, attended the ceremony to mark the start of production at the facility.
The production base is expected to help BYD achieve its goal of selling at least 3 million vehicles this year. Wang has apologized several times over the past two years for the long wait times for BYD vehicles due to a lack of capacity.
BYD aims to sell at least 3 million vehicles this year and will strive to reach 3.6 million, Wang said at an investor conference on March 29.
For the 3.6 million sales target BYD is aiming to reach, 2.8 million in China and 800,000 overseas, Yicai said in a March 30 report citing an insider at the company.
BYD sold 1,868,543 vehicles in 2022, including 1,863,494 NEVs. The company stopped production and sales of vehicles powered entirely by internal combustion engines in March 2022.
If it can reach 3.6 million vehicles in global sales, BYD is expected to be among the top 10 car companies in global auto sales this year.
BYD aims to become China's No. 1 automaker by the end of this year, Wang said at the investor conference.
BYD sold 207,080 NEVs in March, up 97.45 percent from 104,878 units a year earlier and up 6.93 percent from 193,655 units in February, according to data released by the company earlier this month.
In the first quarter, BYD's NEV sales were 552,076 units, up 92.81 percent from 286,329 units in the same period last year, but down 19.22 percent from 683,440 units in the fourth quarter last year.
($1 = RMB 6.8752)
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BYD is 2023’s most valuable Chinese auto brand, 26 Chinese OEMs in top 100
NIO comes in at 35th place. Geely Holding Group was also rated the world's top ten most valuable auto portfolio brands.
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BYD Destroyer 07 sedan spied in China. It is based on the BYD Han
The Destroyer 07 is a Han-based sedan with a DM-i PHEV system. It will hit the market this year.
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New BYD e2 EV hatchback launched in China for 14,950 USD
The BYD e2 launched in China with 405 km of CLTC range and only 95 horses. It's aimed at families.
The post New BYD e2 EV hatchback launched in China for 14,950 USD appeared first on CarNewsChina.com.
BYD became the best-selling EV brand in Thailand in Q3 2023
BYD sold 5,579 EVs in Q1 2023, accounting for 37.8% of the market share, ranking first in Thailand for three consecutive months.
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2023 BYD e2 electric hatchback with an 8-in-1 electric powertrain will launch on April 6
The e2 was mainly aimed at the ride-hailing market, but now BYD is rebranding it as a family car.
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China NEV insurance registrations for week ending April 2: BYD 46,218, Tesla 14,275, NIO 2,730
In the past five weeks, NIO vehicles had 11,929 insurance registrations. The company delivered 10,378 vehicles in March.
China's new energy vehicle (NEV) sector saw continued improvement last week, with most major players posting sales increases.
In the week ending April 2, insurance registrations for all vehicles in China were 465,500, up 46.9 percent year-on-year and up 19.9 percent from the previous week, according to data shared today by several auto bloggers.
Of these, 139,500 were NEVs, up 44.7 percent year-on-year and up 9.28 percent from the previous week, with a penetration rate of 29.96 percent.
Gasoline vehicles were 326,000 units, up 47.9 percent year-on-year and up 25.1 percent from the previous week.
BYD vehicles continued to register the highest number of insurance units last week at 46,218, up from 43,490 the previous week.
In the past five weeks -- February 27 to April 2 -- BYD NEVs had 204,195 insurance registrations in China.
As a comparison, BYD sold 207,080 wholesale NEVs in March, including 13,312 units sold overseas, according to data it released on April 2.
Insurance registrations for Tesla vehicles in China last week were 14,275, slightly lower than the previous week's 15,886.
In the past five weeks, Tesla vehicles had 79,171 insurance registrations in China.
Tesla sold 88,869 China-made vehicles in March, including exports, according to data released earlier today by the China Passenger Car Association (CPCA).
Those numbers mean that Tesla's Shanghai plant may have exported only a few thousand vehicles in March, with the rest for deliveries to Chinese consumers.
Tesla's pattern is to produce cars for export in the first half of the quarter and for the local market in the second half.
Insurance registrations for NIO vehicles were 2,730 last week, up from 1,909 the previous week.
In the past five weeks, NIO vehicles had 11,929 insurance registrations.
NIO delivered 10,378 vehicles in March, including 3,203 SUVs, and 7,175 sedans, according to data released by the company on April 1.
Li Auto (NASDAQ: LI) vehicles had 6,185 insurance registrations last week, up from 5,081 in the previous week.
In the past five weeks, Li Auto vehicles saw 24,169 insurance registrations. For comparison, it delivered 20,823 vehicles in March.
XPeng (NYSE: XPEV) vehicles had 2,034 insurance registrations last week, up from 1,564 the previous week.
XPeng's total for the past five weeks was 7,950, and the company delivered 7,002 vehicles in March.
Zeekr vehicles had 2,571 insurance registrations last week and a cumulative total of 7,555 over the past five weeks. It delivered 6,663 vehicles in March.
Neta had a figure of 3,740 vehicles in the last week and a total of 12,286 vehicles in the last five weeks. It delivered 10,087 vehicles in March.
BMW had 2,598 NEV insurance registrations last week, for a total of 9,959 over the past five weeks.
China's Mar passenger NEV wholesale sales up 20% MoM to 600,000, CPCA estimates show
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BYD Seagull arrived at dealer in China. Sales are about to start
The BYD Seagull was spotted at the Shenzhen dealer in China. Its sales will soon start in China with a starting price of 11,600 USD.
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BYD Atto 3 (Yuan Plus) teardown revealed a lot of high-end tech on board
PCAuto team disassembled BYD Yuan Plus (Atto 3) into pieces.
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