Smart and Sustainable Electric Mobility
In a presentation to investors this week, Kia announced plans to boost its EV sales targets and launch a purpose-built robotaxi. The automaker said it's now targeting sales of 1.6 million EVs annually by 2030—up from the previous 1.2 million annually by 2030 announced just last year. Kia also plans to have 15 EV models in its global lineup... In a presentation to investors this week, Kia announced plans to boost its EV sales targets and launch a purpose-built robotaxi. The automaker said it's now targeting sales of 1.6 million EVs annually by 2030—up from the previous 1.2 million annually by 2030 announced just last year. Kia also plans to have 15 EV models in its global lineup... 
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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