Category: BYD

Tesla Model Y with BYD battery has started production in Germany, report says

Since this week, the Model Y with BYD battery has been produced at Tesla's Gigafactory in Grünheide, Germany, according to a German media report.  |  TSLA.US BYDDY.US | BYD HK

(Image credit: CnEVPost)

Starting this week, the Model Y with BYD battery has been produced at Tesla's Gigafactory in Grünheide, Germany, local media outlet Teslamag said in a report Thursday.

The model is a rear-wheel drive version and the batteries will not be produced by Tesla itself, but by BYD in China, according to the report.

This is Tesla's fourth battery supplier after Panasonic, LG Energy Solution and , the report noted.

Last August, Tesla applied for and received European type approval for the Model Y with BYD's lithium iron phosphate (LFP) battery, which at the time had a 55-kWh capacity and a 440 km WLTP range, the report said.

Tesla currently specifies a WLTP range of 455 km for the Model Y with standard rims and 430 km with 20-inch wheels, the report noted.

In February 2022, rumors surfaced that Tesla had placed an order with BYD's battery manufacturing division, FinDreams Battery, for blade batteries for 204,000 vehicles per year.

On August 10, 2022, Chinese media outlet Sina Tech cited multiple sources as saying that BYD's blade battery supplies to Tesla had begun to be delivered to the latter's plant in Berlin, Germany, the first Tesla Gigafactory to apply BYD batteries.

On March 13, South Korea's Korea Economic Daily reported that Tesla had decided not to use BYD's batteries due to quality problems caused by a series of fire incidents with the latter's LFP batteries.

A BYD spokesperson, responding to CnEVPost's request for comment at the time, said the information was untrue and not in line with the actual situation.

Tesla CEO Elon Musk later also tweeted that the media report was false and that Tesla's relationship with BYD was positive.

BYD is not only the largest new energy vehicle (NEV) in China, but also one of the largest battery manufacturers in the world.

BYD installed 21.5 GWh of power batteries in the first quarter, ranking second in the world with a 16.2 percent share, according to data released by South Korean market research firm SNE Research on May 3.

CATL continued to rank first in the world with a 35.0 percent share in the first quarter, and was the only one with a share of more than 30 percent.

BYD says report that Tesla won't extend battery supply partnership with it untrue

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Global EV battery market share in Q1: CATL 35%, BYD 16.2%

CATL's battery is expected to maintain its No. 1 position as it is in high demand in passenger cars such as the Model 3, Model Y, SAIC Mulan, and the Chinese commercial vehicle market, according to SNE Research.

Global battery installations for electric vehicles (EVs) maintained strong growth in the first quarter, with China's CATL and BYD (OTCMKTS: BYDDY) continuing to hold the top two positions.

In the first quarter, global EV battery consumption totaled 133.0 GWh, up 38.6 percent from 95.9 GWh in the same period last year, according to a report released yesterday by South Korean market research firm SNE Research.

Among them, CATL installed 46.6 GWh of batteries in the first quarter, up 35.9 percent from 34.3 GWh in the same period last year.

The Chinese power battery giant continued to rank No. 1 in the world with a 35.0 percent share, down from its 35.8 percent share a year ago and up from its 33.9 percent share in the January-February period.

CATL's battery is expected to maintain its No. 1 position as it is in high demand in passenger cars such as the Tesla Model 3, Model Y, SAIC Mulan, Y, and the Chinese commercial vehicle market, SNE Research said.

BYD installed 21.5 GWh of power batteries in the first quarter, up 115.5 percent from 10.0 GWh in the same period last year.

The company ranked second with a 16.2 percent share in the first quarter, up from 10.4 percent a year earlier and down from 18.2 percent in January-February.

BYD is gaining popularity in the Chinese domestic market with its price competitiveness through a vertically integrated supply chain, including self-supply of batteries and vehicle manufacturing, SNE Research said.

BYD is known to enter the South Korean market soon following Europe, drawing attention to the change in its growth trend, SNE Research added in the report.

LG Energy Solution's power battery installation from January to March was 19.3 GWh, up 37.5 percent year-on-year.

The South Korean company ranked third in the world with a 14.5 percent share, down from 14.6 percent a year earlier.

Japan's Panasonic was fourth with a 9.0 percent share, South Korea's SK On was fifth with a 5.3 percent share and Samsung SDI was sixth with a 4.9 percent share.

China's CALB, Gotion High-tech, Eve Energy and Sunwoda ranked seventh, eighth, ninth and tenth respectively, with shares of 4.3 percent, 2.2 percent, 1.8 percent and 1.4 percent respectively in the first quarter.

Global EV battery market share in Jan-Feb: CATL 33.9%, BYD 18.2%

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BYD Apr sales breakdown: Qin 42,202, Yuan 39,160

BYD has offered some discounts on the Seal, Song Plus, Yuan Plus and Dolphin in the price war in the Chinese auto industry over the past two months.  |  BYDDY.US | BYD HK

BYD Apr sales breakdown: Qin 42,202, Yuan 39,160-CnEVPost

A number of BYD's Dynasty series models continue to contribute major sales for the NEV (NEV) maker.

BYD announced its NEV sales for April today and later provided a breakdown of the different models, showing that the Qin family sold 42,202 units during the month.

This is a new record high for single-month sales of the Qin family of models which continues to be the highest-selling BYD model for the month, contributing 20.1 percent of the NEV maker's passenger NEV sales in March.

This represents a 79.43 percent increase from 23,520 units in the same month last year and a 3.31 percent increase from 40,850 units in March. The Qin family was also the top-selling BYD model in March.

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 ($14,440) to RMB 145,800.

This is the first time BYD has made a model with its DM-i powertrain start at less than RMB 100,000.

The Yuan family of models sold 39,160 units in April, making it the second highest-selling BYD model for the month. This was up 158.18 percent year-on-year, but down 3.07 percent from March.

BYD Apr sales breakdown: Qin 42,202, Yuan 39,160-CnEVPost

Song family models -- the top-selling BYD model in many previous months -- sold 35,836 units in April, up 42.73 percent year-on-year, but down 11.54 percent from March.

BYD Apr sales breakdown: Qin 42,202, Yuan 39,160-CnEVPost

The BYD brand includes the Dynasty series and Ocean series, and the Song family is available in both series. The Song in the Dynasty series sold 8,100 units in April, while the Song Plus in the Ocean series sold 27,736 units.

BYD Dolphin sold 30,462 units in April, essentially unchanged from 30,077 units in March and up 153.01 percent from 12,040 units in the same month last year.

BYD Apr sales breakdown: Qin 42,202, Yuan 39,160-CnEVPost

BYD's flagship sedan, the Han, sold 14,329 units in April, up 6.77 percent year-on-year and up 5.75 percent from March.

BYD Apr sales breakdown: Qin 42,202, Yuan 39,160-CnEVPost

Its flagship SUV Tang sold 11,759 units in April, up 16.07 percent year-on-year but down 3.08 percent from March.

BYD Apr sales breakdown: Qin 42,202, Yuan 39,160-CnEVPost

The BYD Frigate 07 sold 10,003 units in April, up 22.74 percent from March. The model went on sale on December 9, 2022.

BYD Apr sales breakdown: Qin 42,202, Yuan 39,160-CnEVPost

BYD Seal sold 6,212 units in April, up 3.53 percent from 6,000 units in March. The model went on sale on July 29, 2022.

BYD Apr sales breakdown: Qin 42,202, Yuan 39,160-CnEVPost

The BYD Chaser 05 sold 5,380 units in April, up 163.73 percent year-on-year and 37.56 percent from March.

BYD Apr sales breakdown: Qin 42,202, Yuan 39,160-CnEVPost

BYD Seagull, which was officially launched at the end of last month, sold 1,500 units in April.

BYD officially launched the mini electric vehicle Seagull on April 26, which has 3 versions with starting prices of RMB 73,800, RMB 78,800, and RMB 89,800 respectively, the lowest-priced BYD model.

BYD Apr sales breakdown: Qin 42,202, Yuan 39,160-CnEVPost

Denza, a joint venture with Mercedes-Benz majority owned by BYD, sold 10,526 units in April, up 1.23 percent from March. Denza sales are included in the figures BYD publishes each month.

Denza is currently offering only the Denza D9 MPV, with reservations for the N7 SUV opening on the first day of the Shanghai auto show on April 18.

BYD Apr sales breakdown: Qin 42,202, Yuan 39,160-CnEVPost

In the past two months, BYD has offered some discounts for Seal, Song Plus, Yuan Plus and Dolphin in a price war in the Chinese auto industry.

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 today.

This includes 209,467 passenger NEVs and 828 commercial NEVs.

($1 = RMB 6.9121)

BYD posts Apr NEV sales of 210,295 units, up 1.55% from Mar

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BYD sold 104,346 all-electric vehicles globally in April, including 1,500 Seagulls and 6,212 Seal EVs

BYD also exported 14,827 NEVs, and BYD Dolphin sold over 30,000 units. BYD Seal's 6,212 units sold could have been better, as it had the ambition to compete with Model 3. BYD Seagull sold 1500 units.

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