Smart and Sustainable Electric Mobility
The pricewar is affecting even not-yet-launched cars. bZ3 started pre-sale for $27,500 last month, but will go on sale for $24,500
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BYD delivered 5,602 ATTO 3 in Q1 2023, the best selling car in Israel for five consecutive months (including ICE).
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Yangwang today shared three images of the U9 electric supercar and said the model will be on display at the Shanghai auto show starting April 18. | BYDDY.US | BYD HK
(Image credit: Yangwang)
BYD (OTCMKTS: BYDDY) officially launched its premium Yangwang brand three months ago and unveiled two models for the brand. Now, one of the models is going to be presented at the Shanghai auto show in 10 days.
Yangwang today shared three images of the U9 electric supercar on its official Weibo account and said the model will be on display at the Shanghai auto show starting April 18.
The upcoming biennial Shanghai auto show will be held from April 18-27, with the press days from April 18-19 and the professional visitors' days from April 20-21, while the general public can enter from April 22-27.
Yangwang did not release more information about the U9, but these images show a few details, including the headlights, that are slightly different from when the model was unveiled in January.
BYD officially launched the Yangwang brand on January 5 and announced the hardcore SUV U8 as well as the supercar U9.
The Yangwang U9 will be priced in the RMB 1 million ($145,400) range and can accelerate from 0 to 100 km/h in less than 3 seconds, BYD said at the time.
Yangwang's research and development team used innovative technology to bring the U9 the ultimate safety body structure, capable of driving comfortably in the city as well as driving at the limits of the track, BYD said.
The U8, the first production model from the Yangwang brand, is a hardcore off-road SUV that is more than 5 meters long and 2 meters wide.
The model is capable of accelerating from 0 to 100 km/h in four seconds and will be priced at the RMB 1 million level.
It is not clear if the U8 will also be on display at the Shanghai auto show.
(1 $= RMB 6.8757)
BYD officially launches Yangwang brand, debuts hardcore off-road SUV U8 and supercar U9
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Between April 7 and April 30, consumers who purchase the Seal can receive a combined discount of up to RMB 31,000.
(Image credit: CnEVPost)
BYD (OTCMKTS: BYDDY) offered discounts on the Seal and Song Plus during a price war in the Chinese auto industry a month ago and the benefits expired at the end of March.
Now, the new energy vehicle (NEV) giant has extended the offer on Seal and stepped it up.
Between April 7 and April 30, consumers who purchase the Seal can receive a combined discount of up to RMB 31,000 ($4,510), BYD announced today on Weibo.
Consumers who purchase the model now can receive benefits including an RMB 15,000 cash discount, an RMB 6,000 trade-in subsidy, and a 2-year zero-interest loan.
The BYD website currently shows the suggested retail prices of the Seal at RMB212,800 to RMB 289,800, the same as before.
On March 9, BYD announced that consumers who order the BYD Song Plus series in March will receive a discount of RMB 6,800, or RMB 8,800 for the Seal.
This is a limited-time marketing campaign valid from March 10 to March 31, BYD said at the time.
Information on BYD's website shows that the discount on the Song Plus series has also been extended to April 30, although the amount of the discount is the same as before.
BYD sold 207,080 NEVs in March, up 97.45 percent from 104,878 units in the same month last year and up 6.93 percent from 193,655 units in February, according to previously released data.
The BYD Seal sold 6,000 units in March, a decrease of 22.62 percent from February. The model sold 20,372 units in the first quarter, down 51.5 percent from the fourth quarter of last year.
($1 =RMB 6.8760)
BYD offers discounts for Song and Seal as China's auto price war intensifies
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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 Tesla'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 supercar can do the 0-100 in 2 seconds and churns out 1100hp.
The post BYD’s Yangwang U9 EV supercar to debut at the 2023 Shanghai Auto Show appeared first on CarNewsChina.com.
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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NIO comes in at 35th place. Geely Holding Group was also rated the world's top ten most valuable auto portfolio brands.
The post BYD is 2023’s most valuable Chinese auto brand, 26 Chinese OEMs in top 100 appeared first on CarNewsChina.com.
The Destroyer 07 is a Han-based sedan with a DM-i PHEV system. It will hit the market this year.
The post BYD Destroyer 07 sedan spied in China. It is based on the BYD Han appeared first on CarNewsChina.com.
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.
