Category: BYD

Drone maker DJI’s auto unit to supply BYD with assisted driving system, report says

The first BYD model to be equipped with DJI Automotive's assisted driving solution is the Sea Lion, an all-electric SUV expected to go on sale within the year, according to local media.

(Image credit: CnEVPost)

BYD (OTCMKTS: BYDDY) will use the assisted driving solution provided by DJI Automotive, the automotive division of local drone maker DJI, on some of its models, according to a report by 36kr today.

The first BYD model to feature DJI Automotive's solution is the yet-to-be-released Sea Lion, the report said, citing a person familiar with the matter, adding that their partnership involves a city NOA (Navigate on Autopilot) feature that doesn't rely on high precision maps.

The Sea Lion is an all-electric SUV in BYD's Ocean series, which is expected to go on sale within the year, the report said.

On July 28, 2022, Auto Home reported that BYD was building an SUV called Sea Lion, which could compete with 's Model Y.

The BYD Sea Lion has a sharp, sporty front end, Auto Home said, citing spy photos they obtained of the model.

DJI announced its automotive business, DJI Automotive, in April 2021 and said at the time that it had been in the auto parts business for five years.

In September 2022, SAIC-GM-Wuling launched the 2023 Baojun KiWi EV, with one version featuring DJI's smart driving system, the first time the system has been used in a production vehicle.

The DJI Automotive team, which currently numbers around 1,300 people, has previously partnered with SAIC-GM-Wuling and Volkswagen China, the 36kr report said, adding that its partnership with BYD is expected to open up the market further in terms of mass production of smart driving systems.

For BYD, the Sea Lion needs to have a strong intelligent configuration, or at least the shortcomings can't be too obvious, to be competitive, of which high-level assisted driving features are essential, 36kr's report said.

Although DJI Automotive has a low profile in China's electric vehicle industry, especially compared to Huawei, the company has had a number of achievements in assisted driving systems.

On April 2, DJI Automotive unveiled its next-generation smart driving solution at the China EV 100 Forum, which enables L2+ assisted driving functions including city NOA with as low as 32 TOPS of computing power without the need for high precision maps or LiDARs.

(Image credit: DJI Automotive)

The pure vision-assisted driving system also supports the addition of millimeter wave radars, ultrasonic radars, LiDARs, and high-precision maps to enhance the safety redundancy of the system, it said.

The solution provides both low-threshold access to high-level smart features for budget models and an advanced technology experience for mid- to high-end models, DJI Automotive said.

The solution is now in a usable state and is actively advancing mass production with partner car companies, DJI Automotive said on April 2.

Wuling refreshes KiWi EV, DJI's assisted driving system debuts in production vehicle

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BYD’s new plant in central Chinese city Zhengzhou goes into operation

Currently in production is the first phase of '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)

BYD aims to sell at least 3 million vehicles this year

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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, 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.

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 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.

(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.

(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.

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.

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

The post China NEV insurance registrations for week ending April 2: BYD 46,218, Tesla 14,275, NIO 2,730 appeared first on CnEVPost.

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