Category: Electric

BYD sells record 253,046 NEVs in Jun, sales in H1 exceed 1.25 million

In the first half of the year, sold 1,255,637 NEVs, up 95.78 percent year-on-year.

BYD (OTCMKTS: BYDDY) saw yet another record sales.

BYD sold 253,046 new energy vehicles (NEVs) in June, up 88.79 percent from 134,036 units a year ago and up 5.34 percent from 240,220 units in May, according to data released today.

The company discontinued 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.

BYD's NEVs include passenger cars as well as commercial vehicles, with sales of 251,685 passenger NEVs in June, up 109.39 percent from 133,762 units a year ago and up 5.27 percent from 239,092 units in May.

BYD's commercial NEVs sold 1,361 units in June, up 396.72 percent from 274 units in the same month last year and up 20.66 percent from 1,128 units in May.

Among the passenger NEVs, battery electric vehicles (BEVs) sold 128,196 units, up 84.34 percent from 69,544 units in the same month last year and up 7.18 percent from 119,603 units in May.

Its passenger plug-in hybrid vehicles (PHEVs) were 123,489 units, up 92.30 percent from 64,218 units in the same month last year and up 3.35 percent from 119,489 units in May.

In June, BYD sold 10,536 NEVs in overseas markets, up 3.26 percent from 10,203 units in May.

The company first announced overseas sales figures for NEVs in July 2022.

In addition to being China's largest NEV company, BYD is also the country's second-largest manufacturer of power batteries.

BYD's installed power and storage battery capacity in June was about 11.816 GWh, up 72.27 percent from 6.859 GWh in the same month last year and up 2.85 percent from 11.489 GWh in May.

In the second quarter, BYD's NEV sales were 703,561 units, up 98.17 percent year-on-year and up 27.44 percent from the first quarter.

Its passenger NEV sales in the second quarter were 700,244 units, up 98.13 percent year-on-year and 27.80 percent from the first quarter.

Its passenger BEV sales in the second quarter were 352,163 units, up 95.32 percent year-on-year and up 33.07 percent from the first quarter.

Passenger PHEV sales were 348,081 units in the second quarter, up 101.06 percent year-on-year and 22.88 percent from the first quarter.

In the first half of the year, BYD's NEV sales were 1,255,637 units, up 95.78 percent year-on-year.

BYD aims to sell at least 3 million vehicles this year and strives to reach 3.6 million, the company's chairman and president Wang Chuanfu said in late March.

The figures announced today mean that BYD will need to sell an average of about 290,000 units per month in the second half of the year if it is to reach its annual sales target of 3 million units.

BYD aims to sell at least 3 million vehicles this year

The post BYD sells record 253,046 NEVs in Jun, sales in H1 exceed 1.25 million appeared first on CnEVPost.

For more articles, please visit CnEVPost.

$178 Million to Improve Health, Safety, & Lower Energy Costs at K-12 Public Schools

As Part of President Biden’s Investing in America Agenda, DOE Funding Supports Selected K–12 Public Schools for Infrastructure Upgrades WASHINGTON, D.C. — The Biden-Harris Administration, through the U.S. Department of Energy (DOE), today announced the first round of selectees for the Renew America’s Schools grant program, a competitive award that will support the implementation of […]

Tesla Quarter-End Inventory Up — Is It A Problem?

What is Tesla’s inventory and backlog now? If it is rising, is that by design, intentional? I look at that and more in this piece. I’m writing this article on July 1st, before Tesla has announced its second quarter production and delivery numbers. My expectations are that Tesla will meet the expectations on both and […]

Nio’s NOP+ driver assistance software comes out of beta, starts accepting subscriptions

With the official release of NOP+, brings a new BEV and occupancy network awareness model and switches to the same technology stack as NAD.

(Image credit: CnEVPost)

Nio (NYSE: NIO) has ended beta testing of NOP (Navigate on Pilot) Plus, its assisted driving software, and started accepting paid subscriptions as planned.

Along with the release of Nio OS Banyan 2.0.0, NOP+ Beta will be upgraded to the official version, the electric vehicle (EV) maker announced today.

Starting July 1, NOP+ will start accepting subscriptions at RMB 380 ($52) per month, and free access benefits for new car buyers will be handed out at the same time, Nio said.

As of June 30, NOP+ Beta has been in a free trial for 185 days and has accumulated 42.86 million kilometers, adding 2.1 million kilometers per week, the company said.

More than 52,000 users participated in the NOP+ Beta trial, and the software achieved rapid iterative updates, it said.

On the official version of NOP+, Nio brought a new BEV (Bird's Eye View) and occupancy network perception model and switched to the same technology stack as NAD (Nio Autonomous Driving), it said.

The BEV perception architecture can display richer information including dynamic models, road elements, vehicle taillights, and turn signals, allowing assisted driving to reduce the frequency of degradation by 80 percent, resulting in a smoother NOP+ experience, Nio said.

In the second half of 2023, NOP+ will be extended to cover battery swap scenarios in highway service areas, and gradually cover battery swap stations in highway service areas nationwide, it said.

In the future, Nio will continue to optimize the assisted driving experience based on BEV and occupancy network awareness model, it said.

NOP+ will be pushed to vehicles with the Banyan 2.0.0 CN release, and users who do not receive the push in time will get 1 month of free access, Nio said.

The new ES6 already comes with Banyan version 2.0.1 CN software, and the ET5 Touring and new ES8 come with Banyan 2.0.0 CN on delivery, it said.

Nio announced on April 10 that customers who purchase ET7, ES7, EC7 and ET5 customers before June 1, and the new ES8 before August 1, will receive 2 years of free access to NOP+.

Customers who have previously purchased Nio Pilot software will receive at least 5 years of free NOP+ access if they purchase a new model of Nio's Banyan-based system again, Nio said at the time.

On May 31, Nio announced that all customers who purchase a new Nio vehicle will receive 1 year of free use of NOP+, with an expiration date for the benefit to be announced in the future.

($1 = RMB 7.2523)

Nio deliveries rebound to 10,707 units in Jun as new models bring relief

The post Nio's NOP+ driver assistance software comes out of beta, starts accepting subscriptions appeared first on CnEVPost.

For more articles, please visit CnEVPost.

driive.com
All about Smart and Sustainable Mobility

Archives

November 2024
M T W T F S S
 123
45678910
11121314151617
18192021222324
252627282930