Smart and Sustainable Electric Mobility
The Tesla Model Y with BYD battery hit the production line in Germany and appeared to be more efficient than the Y with CATL battery.
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BYD said it is evaluating the feasibility of building a passenger car plant in Europe and is looking for a suitable location. | BYDDY.US | BYD HK
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BYD (OTCMKTS: BYDDY) said it is evaluating the feasibility of building a passenger car plant in Europe after a report earlier today generated widespread discussion.
The Chinese new energy vehicle (NEV) giant wants to build a plant in Europe, and France is among the countries it's considering, with Spain and Germany also in the running, according to a report in French media outlet Les Echos today.
"Discussions with BYD are continuing," the report said, citing an unnamed French minister.
BYD is evaluating the feasibility of building a passenger car plant in Europe and is looking for a suitable location, the company said in a response shared with CnEVPost.
This is not the first time BYD has been reported to be looking to build a passenger car plant in Europe, as the NEV giant ramps up its efforts to expand in international markets.
Last December 7, Bloomberg cited BYD executive vice president Stella Li as saying that BYD was looking to build a passenger car plant in Europe.
"Yes, and maybe not only one, it can be two," Li said at the time, adding that the company was evaluating the best locations to support BYD's fast ramp-up.
In a March 12 interview with the Financial Times, BYD European president Michael Shu said the company was looking at both new sites and existing plants, with the first European plant likely to be located in Germany, France, Spain, Poland and Hungary.
A decision is likely this year, with the aim of producing its first vehicles as early as 2025, according to the report.
BYD established its first overseas branch in the Netherlands in 1998 to expand into the European market.
Its European branch has expanded its business from batteries to solar energy, energy storage and NEVs, with an operational footprint of more than 20 countries and 100 cities across Europe, according to information shared by the company at the end of September last year.
Notably, BYD had not previously promoted its passenger car business hard in Europe until September 28 last year, when it introduced three battery electric vehicles (BEVs) -- the Atto 3, Han, and Tang -- to the European market at an online launch event.
In April this year, BYD held a launch event in Barcelona, Spain, announcing that Dolphin and Seal will enter the European market in 2023.
The Dolphin will be available for pre-sale this summer, with deliveries in the fourth quarter, and the Seal will be available in Europe shortly thereafter, BYD said at the time.
The two models will be BYD's new batch of all-electric models in Europe, following the launch of the Han, Tang and ATTO 3 in Europe last year, and are the first BYD Ocean series models to be launched for the European market.
BYD sold 210,295 NEVs in April, up 98.31 percent year-on-year and up 1.55 percent from March.
In April, BYD sold 14,827 NEVs in overseas markets, up 11.38 percent from 13,312 units in March.
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Wuling said the move is in response to China's call to boost consumption of NEVs in rural areas.
(Image credit: SAIC-GM-Wuling)
SAIC-GM-Wuling is cutting the prices of several of its mini electric vehicles (EVs), after taking a page out of NIO's (NYSE: NIO) book 10 days ago to make these budget EVs more affordable.
The company today announced a price cut of up to 13,000 yuan ($1,850) for models in its Hongguang Mini EV family, saying the move is in response to China's call to boost consumption of NEVs in rural areas.
Last week, China released a policy to support NEV consumption in rural areas, which mentioned that automakers are encouraged to develop more economical models that target the characteristics of consumers in rural areas.
A table released by SAIC-GM-Wuling shows that an Air EV, originally priced at RMB 82,800, saw a price drop of RMB 13,000, or 15.70 percent, to RMB 69,800, the largest price cut for its Mini EV family.
The other three Air EVs have all seen their prices cut by RMB 10,000, with the latest prices at RMB 66,800, 65,800 and 57,800 respectively.
SAIC-GM-Wuling's better-known Mini EV series has four models all reduced in price by RMB 6,000, with the latest prices at RMB 63,800, RMB 61,800, RMB 51,800, and RMB 49,800 respectively.
SAIC-GM-Wuling is a joint venture between SAIC Group, General Motors and Liuzhou Wuling Automobile, headquartered in Liuzhou, Guangxi Zhuang Autonomous Region in southwestern China.
It sells vehicles based on the GSEV (Global Small Electric Vehicle) architecture in China, including the Mini EV, KiWi EV, Nano EV and Air EV. In addition to these pure electric models, SAIC-GM-Wuling also sells fuel-powered SUVs, MPVs and vans.
The Air EV will be officially launched in China on December 12, 2022, with a price range of RMB 67,800-82,800.
The model is SAIC-GM-Wuling's first global model, which was first launched in Indonesia in August last year.
Prior to the price cut, SAIC-GM-Wuling took a page from NIO's book and allowed consumers to purchase the Hongguang Mini EV with a body only and lease the battery, although the model does not support simple battery replacement like NIO models.
The automaker offers this purchase option for five versions of the Hongguang Mini EV, with the lowest-priced version costing consumers an initial payment of just RMB 19,800 and a monthly battery lease of RMB 198 for the next five years.
Under the regular purchase option, this version of the Hongguang Mini EV is priced at RMB 32,800.
($1 = RMB 7.0218)
SAIC-GM-Wuling takes page from NIO's book to make its Mini EV even more affordable
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Wuling slashed Mini EV series prices in China. It looks like a desperate move from Wuling to keep market positions.
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Ganfeng said its first-generation solid-state battery can reach an energy density of 260 Wh/kg, with a production line capable of producing 4 GWh per year.
(Image credit: Ganfeng Lithium)
China's Ganfeng Lithium -- the world's largest lithium producer by market capitalization -- said it has begun mass production of its first-generation solid-state battery, after announcing the new technology in late 2021.
Ganfeng revealed the progress in a May 19 investor conference meeting minutes, saying its first-generation solid-state batteries can reach an energy density of 260 Wh/kg and that the production line is designed to have an annual capacity of 4 GWh.
Production of the solid-state battery is currently undergoing capacity creep, with application scenarios including power batteries and energy storage, according to the minutes.
Ganfeng's second-generation hybrid solid-state lithium battery uses lithium metal as the anode and can reach an energy density of 400 Wh/kg, the company said.
The safety performance of the second-generation solid-state battery meets automotive requirements, and the cycling performance of the sample battery has met the requirements of car companies, Ganfeng said.
Ganfeng unveiled its first-generation solid-state battery, a hybrid solid-state and liquid lithium-ion battery, on December 10, 2021.
The battery has an oxide electrolyte and uses graphite for the anode. It has a diaphragm, but unlike conventional diaphragms, it uses a solid electrolyte diaphragm.
Ganfeng did not announce the energy density of the first-generation solid-state battery at the time, but said the second-generation solid-state battery had an energy density of more than 360 Wh/kg.
The company's latest announcement means that it has made new progress in the development of the second-generation solid-state battery over the past year and a half, allowing for a further increase in energy density.
Current mainstream lithium-ion battery cells have an energy density of just over 200 Wh/kg, and NIO's (NYSE: NIO) 150 kWh semi-solid-state battery, expected to be available within months, is 360 Wh/kg.
On April 19, CATL unveiled its new battery technology, Condensed Battery, which claims an energy density of up to 500 Wh/kg for a single cell.
The Condensed Battery will be available for use in electric vehicles and will have mass production capability within this year, said Wu Kai, CATL's chief scientist at the time.
CATL unveils Condensed Battery for electric aircrafts and EVs
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With ChatGPT becoming a hot topic around the world, many Chinese tech giants have announced their progress in the field. | NIO US | NIO HK | NIO SG
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NIO (NYSE: NIO) is filing for several GPT-related trademarks in China, possibly in preparation for making its virtual voice assistant NOMI smarter.
The Chinese electric vehicle (EV) maker filed five GPT-related trademark applications on May 15, and their classifications involve communication services, scientific instruments, construction, and social services.
These trademarks include a NIO GPT, two NOMI GPTs, and two Knowme GPTs.
GPT (Generative Pre-trained Transformer), essentially solves for the probability of the next word occurring, sampling and generating a word from a probability distribution with each call.
With ChatGPT becoming a hot topic around the world, many Chinese tech giants have announced their progress in this field.
Jidu Auto, the car-making arm of Baidu, announced on February 14 that it will leverage Baidu's ChatGPT-like product ERNIE Bot to create a large-model AI interaction experience for smart car scenarios, thereby supporting natural communication for its robocars.
Great Wall Motor-backed Chinese startup Haomo.AI Technology officially launched DriveGPT on April 11, saying it is the first generative large model for autonomous driving that will reshape the technological path to automotive intelligence.
Earlier this month, NIO's local counterpart Li Auto (NASDAQ: LI) filed a trademark application for MindGPT in China.
In 2017, NIO released the first-generation ES8, and its in-car voice assistant NOMI was announced at the time.
NOMI is derived from the harmonic sound of Know Me in English. If you have seen the science fiction movie "Her", NOMI is the NIO version of "Her".
NOMI is the voice assistant in the car, but NIO seems to expect more from it than that, letting it occupy the most central position in the front of the cockpit.
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On May 18, BYD launched the facelifts of the plug-in hybrid versions of its flagship Han sedan at reduced prices compared to the 2022 variants. | BYDDY.US | BYD HK
(Image credit: BYD)
BYD (OTCMKTS: BYDDY) has updated the order data for the 2023 Han DM series to show that the sedan's facelifts have received a good reception after launch.
Orders for the 2023 Han DM-i and Han DM-p models reached 13,695 units 72 hours after launch, BYD announced Sunday on Weibo.
On May 18, BYD officially made the facelifts of its flagship sedan BYD Han's plug-in hybrid versions, the Han DM-i Champion Edition and Han DM-p Warrior Edition, available in China.
The 2023 Han DM-i is available in six versions with starting prices of RMB 189,800 ($27,033), RMB 199,800, RMB 209,800, RMB 219,800, RMB 239,800 and RMB 249,800 respectively.
The 2023 Han DM-p is available in only one version, starting at RMB 289,800.
This means that the starting price of the 2023 Han DM-i is reduced by RMB 28,000 and the Han DM-p is reduced by RMB 32,000 compared to the 2022 model.
Of the 13,695 units ordered, the average sales price is more than RMB 241,000, BYD said Sunday.
Consumers who chose the 200 km battery range version accounted for 37.8 percent of consumers, and the percentage of female consumers was 37.2 percent BYD said.
On May 19, the second day of the 2023 Han's launch, BYD said the model received 8,051 orders on launch day.
Many BYD models are offered in both pure electric and plug-in hybrid versions, with the latter likely to include a DM-i version that focuses more on fuel economy, and a DM-p version that focuses more on performance.
On March 16, BYD made the 2023 Han EV available for a starting price of RMB 209,800, down from RMB 219,800 for the model's 2022 version.
The BYD Han has a length, width and height of 4,975 mm, 1,910 mm and 1,495 mm, respectively, and a wheelbase of 2,920 mm.
The entry version of the Han DM-i can accelerate from 0 to 100 km/h in 7.9 seconds and the Han DM-p in 3.7 seconds.
The Han DM-i has two options for pure electric range, with NEDC ranges of 121 km and 200 km. The model has a combined range of 1,260 km on full fuel and full charge.
The BYD Han family sold 14,329 units in April, up 6.77 percent year-on-year and up 5.75 percent from March.
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 at an investor conference on March 29.
($1 = RMB 7.0209)
BYD launches facelifts of Han sedan's hybrid variants with lower prices
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Shanghai, home to Tesla's China factory and NIO's global headquarters, has seen NEV penetration reach about 50 percent.
To observe China's electric vehicle (EV) transition, Shanghai, home to Tesla's China factory and NIO's global headquarters, is a must-watch city, and something interesting is happening.
In the monthly auction for fuel car license plates, 113,722 people participated in the auction in May, down 6,492 from the previous month, according to the information posted Saturday by the Shanghai government on its official WeChat account.
The number of participants was at a new low since February 2015, or a 99-month low, data compiled by CnEVPost showed.
The number of available license plates in May was 13,214, implying a winning rate of 11.6 percent.
The auction had the lowest winning price of RMB 92,400 ($13,170) and an average price of RMB 92,547, an increase of RMB 135 from RMB 92,412 the previous month.
Shanghai usually holds license plate auctions for fuel cars on the third Saturday morning of each month, with the local government announcing the results in the afternoon.
The event is one of the most watched locally until EVs are accepted by residents, as winning the auction is so difficult that many may have to try for two or three years before they succeed in winning the bid.
In 2022 and before, Shanghai was offering free license plates to consumers who purchase plug-in hybrid vehicles (PHEVs) as well as battery electric vehicles (BEVs) to encourage the growth of the NEV industry.
Starting in January 2023, PHEVs are treated the same as conventional internal combustion engine vehicles (ICEs), and consumers will need to obtain license plates through the bidding process in order to register such vehicles in the city.
Shanghai's license plate auctions date back to the 1990s, and the event is currently organized by the Shanghai International Commodity Auction Co Ltd (SICA).
Those wishing to participate in the auction need to first submit an application to the SICA and only after qualifying are approved can they participate in the monthly auctions.
Data from the SICA obtained by CnEVPost dating back to January 2010 show that the number of participants in this month's Shanghai license plate auction is at a record low since February 2015, when the number was 103,224.
This comes as NEV penetration has continued to rise in Shanghai over the past few years, with about half of the cars registered in the city now being NEVs.
In April, all vehicle sales in Shanghai were 45,897 units, of which NEVs contributed 22,243, or 48.46 percent, according to data released earlier this month by the Shanghai Economic Information Center.
The earliest available data for that sales volume is January 2021, when 74,555 vehicles were sold in Shanghai, of which NEVs contributed 23,000, or 30.85 percent, according to data monitored by CnEVPost.
Shanghai, home to about 25 million people, is the location of Tesla's China factory, which currently has an annual capacity of more than 1 million units, making it the largest factory in the world for the US EV maker.
Tesla Shanghai plant produced 727,000 units in 2022, up 49.7 percent from a year earlier, with an industrial output of RMB 183.9 billion, which represents 23 percent of Shanghai's auto manufacturing output, a local official said earlier this month.
Shanghai is also home to NIO's global headquarters, and the Chinese EV company's delivery center in the city's Jiading Nanxiang is its largest in the world.
In 2021, NIO has the No. 1 market share of 23 percent of all fuel and electric SUVs in Shanghai priced at more than 350,000 yuan, William Li, the company's founder, chairman and CEO, said during a March 25, 2022 earnings call.
($1 = RMB 7.0167)
Data table: Shanghai monthly fuel car license plate auction results
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The GAC Trumpchi E9 launched in China with 1,032 km of mixed range, 373 hp and 6 L/100km of fuel consumption. To rival BYD's Denza D9.
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BYD's F-Brand was launched in China to compete with German legacy brands. Its manufacturing will start in China this year.
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