Deliveries will start later in July. Mercedes controls 10% share in Denza.
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Category: BYD
Denza to begin delivery of N7 SUV in July, offers 2 front design options
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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BYD collaborates with Spanish bus manufacturer Castrosua to launch customized pure electric buses
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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Indonesia’s largest taxi operator to buy 80% of its EVs from BYD
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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BYD FangChengBao SF interior was exposed in China with three screens
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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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.
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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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