Category: BYD

Denza N7 expected to get over 30,000 orders before mid-year launch, exec says

Denza will announce the appearance of another SUV N8 in the near future, and Denza D9 MPV will next be sold in other regions including Hong Kong, Macau, Europe.

(Image credit: Denza)

's premium new energy vehicle (NEV) brand Denza began intensive warm-up for the Denza N7 SUV earlier this month, and now an executive has expressed optimism for the model's future sales performance.

Denza N7 has inspired much enthusiasm, and with the announcement of Denza's partnership with French high-end audio brand Devialet on March 22, there were many customers inquiring every day, Zhao Changjiang, general manager of Denza's sales division, said on Weibo yesterday.

Many people want to get the Denza N7 launched as soon as possible, and according to the inquiry volume data, the model is expected to get 30,000 orders before its launch in the middle of the year, Zhao said.

Zhao said in February that the Denza N7 would be released in the first half of this year.

On March 6, Denza unveiled official exterior images of the Denza N7 on Weibo, showing that the model restores much of the design of the brand's concept car INCEPTION, which was unveiled at the Chengdu auto show on August 26, 2022.

On March 9, the Denza N7 appeared in a regulatory filing list, and its key specifications were revealed.

The Denza N7 has a length, width and height of 4,860 mm, 1,935 mm and 1,602 mm respectively, and a wheelbase of 2,940 mm, according to the filing.

The model will be available in a single-motor version as well as a dual-motor version, with the former having a peak motor power of 230 kW and the latter having an additional motor with a peak power of 160 kW.

On December 20 last year, Zhao shared six spy photos of the SUV on Weibo, showing what the model might look like.

In the comments section of that Weibo, Zhao said the SUV aims to capture the market for traditional internal combustion engine cars priced around 400,000 yuan ($58,140).

In addition to mentioning his expectation of orders for the Denza N7 before its launch, Zhao also mentioned on Weibo yesterday that Denza will announce the look of another SUV, the N8, in the near future.

The Denza D9 has already been shown at the Thailand motor show and the MPV will be sold next in other regions including Hong Kong, Macau, and Europe for RMB 600,000-1 million, he said.

($1 = RMB 6.8801)

Regulatory filing: Here are core specs for BYD's Denza brand's new SUV, Denza N7

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BYD to use Nvidia Orin chips in its next-gen EV models

and are already using Nvidia DRIVE Orin chips in their smart driving systems, with NIO even having its third-generation battery swap stations equipped with two of the chips.  |  BYDDY.US | HK

(Image credit: Nvidia)

BYD (OTCMKTS: BYDDY) will use Nvidia's DRIVE Orin chips in its next-generation models, making it the latest Chinese new energy vehicle (NEV) maker to use the US chip giant's smart-driving chips.

Nvidia is enhancing its partnership with BYD, which will use the DRIVE Orin system-on-chip (SoC) across the multiple models of its next-generation Dynasty and Ocean series vehicles, according to a press release from the US chip giant yesterday.

Nvidia and BYD share the belief that future cars will be programmable, evolving from being based on many embedded controllers to high-performance centralized computers -- with functionalities delivered and enhanced through software updates over the life of the car, the release said.

Nvidia's press release provided no further details on BYD's plans to use the DRIVE Orin chips. BYD's product matrix includes the Dynasty and Ocean series, with dozens of models.

Several Chinese electric vehicle (EV) makers are already using Nvidia's DRIVE Orin chips to power the vehicles' assisted driving systems.

All of NIO's (NYSE: NIO) models based on the latest NT 2.0 platform come standard with the NIO Adam supercomputer, which is built on four DRIVE Orin chips and has more than 1,000 TOPS of computing power.

Orin is the world's highest-performance, most advanced processor for vehicles and robots, offering up to 254 TOPS to handle a large number of applications and deep neural networks running simultaneously in autonomous vehicles and robots, Nvidia said following the launch of NIO ET5 in late 2021.

In addition to using the DRIVE Orin chip in vehicles, NIO is equipping the third-generation battery swap station with 2 Nvidia Orin chips for a total computing power of 508 TOPS.

Li Auto (NASDAQ: LI) also uses two Nvidia Orin X chips in its AD Max smart driving system, and its AD Pro system uses the Journey 5 chips from local Chinese supplier Horizon Robotics.

Back to BYD, the NEV maker announced on March 23 last year that it had entered into a partnership with Nvidia on smart driving technology to equip some of its NEVs with the Nvidia DRIVE Hyperion platform for smart driving and smart parking of vehicles starting in the first half of 2023.

BYD's NEVs will use the Nvidia DRIVE Orin chip as a centralized computing and AI engine for autonomous driving and smart cockpit features, according to the company's press release at the time.

On January 4 of this year, BYD announced that it was working with Nvidia to bring Nvidia GeForce NOW cloud gaming streaming to its vehicles.

BYD is the largest NEV maker in China, selling 1,863,494 NEVs in 2022, up 208.64 percent year-on-year.

The company sold 193,655 NEVs in February, up 27.96 percent from 151,341 units in January and 119.36 percent from 88,283 units a year earlier, data it released earlier in the month showed.

BYD working with Nvidia to bring GeForce NOW cloud gaming to its vehicles

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BYD to use Nvidia Orin chips in its next-gen EV models

and are already using Nvidia DRIVE Orin chips in their smart driving systems, with NIO even having its third-generation battery swap stations equipped with two of the chips.  |  BYDDY.US | HK

(Image credit: Nvidia)

BYD (OTCMKTS: BYDDY) will use Nvidia's DRIVE Orin chips in its next-generation models, making it the latest Chinese new energy vehicle (NEV) maker to use the US chip giant's smart-driving chips.

Nvidia is enhancing its partnership with BYD, which will use the DRIVE Orin system-on-chip (SoC) across the multiple models of its next-generation Dynasty and Ocean series vehicles, according to a press release from the US chip giant yesterday.

Nvidia and BYD share the belief that future cars will be programmable, evolving from being based on many embedded controllers to high-performance centralized computers -- with functionalities delivered and enhanced through software updates over the life of the car, the release said.

Nvidia's press release provided no further details on BYD's plans to use the DRIVE Orin chips. BYD's product matrix includes the Dynasty and Ocean series, with dozens of models.

Several Chinese electric vehicle (EV) makers are already using Nvidia's DRIVE Orin chips to power the vehicles' assisted driving systems.

All of NIO's (NYSE: NIO) models based on the latest NT 2.0 platform come standard with the NIO Adam supercomputer, which is built on four DRIVE Orin chips and has more than 1,000 TOPS of computing power.

Orin is the world's highest-performance, most advanced processor for vehicles and robots, offering up to 254 TOPS to handle a large number of applications and deep neural networks running simultaneously in autonomous vehicles and robots, Nvidia said following the launch of NIO ET5 in late 2021.

In addition to using the DRIVE Orin chip in vehicles, NIO is equipping the third-generation battery swap station with 2 Nvidia Orin chips for a total computing power of 508 TOPS.

Li Auto (NASDAQ: LI) also uses two Nvidia Orin X chips in its AD Max smart driving system, and its AD Pro system uses the Journey 5 chips from local Chinese supplier Horizon Robotics.

Back to BYD, the NEV maker announced on March 23 last year that it had entered into a partnership with Nvidia on smart driving technology to equip some of its NEVs with the Nvidia DRIVE Hyperion platform for smart driving and smart parking of vehicles starting in the first half of 2023.

BYD's NEVs will use the Nvidia DRIVE Orin chip as a centralized computing and AI engine for autonomous driving and smart cockpit features, according to the company's press release at the time.

On January 4 of this year, BYD announced that it was working with Nvidia to bring Nvidia GeForce NOW cloud gaming streaming to its vehicles.

BYD is the largest NEV maker in China, selling 1,863,494 NEVs in 2022, up 208.64 percent year-on-year.

The company sold 193,655 NEVs in February, up 27.96 percent from 151,341 units in January and 119.36 percent from 88,283 units a year earlier, data it released earlier in the month showed.

BYD working with Nvidia to bring GeForce NOW cloud gaming to its vehicles

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BYD reportedly reduces shifts at two EV plants

has asked some workers at its Xi'an plant to work only four days a week and shifts at its Shenzhen plant have been reduced from three shifts a day to two shifts a day, according to a report from Reuters.  |  BYDDY.US | BYD HK

(Image credit: CnEVPost)

BYD (OTCMKTS: BYDDY), China's largest new energy vehicle (NEV) maker, has reduced shifts at two plants, a new report said, as consumer demand for EVs weakens.

BYD has asked some workers at its Xi'an plant, its largest manufacturing hub, to work only four days a week, with the plant running two eight-hour shifts a day, Reuters said in a report today, citing an internal memo and three people familiar with the matter.

BYD also reduced shifts at its Shenzhen plant, which makes the Han sedan, from three shifts a day to two shifts a day, according to the report.

BYD did not give a reason for the reduction in shifts in the memo, the Reuters report said. One of the people said BYD is scaling back production in the face of weak industry-wide demand in China since the beginning of the year, according to the report.

It was not possible to determine how long BYD's shift reductions will last and whether its other three assembly plants in China are being affected by the change in production schedules, the report noted.

BYD has been growing rapidly and taking market share in China. But it has also been slowing production since the beginning of this year, when sales across the industry began to slow and China ended its state subsidy program for NEVs, the report said.

The NEV maker sold 193,655 units in February, up 27.96 percent from 151,341 units in January and up 119.36 percent from 88,283 units a year earlier, data it released on March 1 showed.

After 's sharp price cut in China in early January, several NEV makers followed suit. During the month, traditional fuel car makers began offering significant official discounts, bringing about a widespread price war.

On March 9, BYD also began offering discounts on Song Plus as well as Seal models, as the price war intensifies.

Analysts believe aggressive discounts have created some demand as other automakers have followed Tesla into what has become a price war for market share, but inventories have been rising across the industry, the Reuters report today noted.

At the end of February, China's passenger car inventory stood at 3.41 million units, up 2.4 percent from 3.33 million units in January, according to data released last week by the China Passenger Car Association (CPCA).

China's fuel vehicle market was slower to stabilize in February, leading to higher inventories at manufacturers and dealers at the end of February, the CPCA said.

BYD offers discounts for Song and Seal as China's auto price war intensifies

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