The 2023 BYD Qin Plus will receive power upgrades, a new interior color scheme, and NFC card.
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Tagged: China
Wuling Bingo launched in China for $8,700 to rival BYD Seagull
The Wuling Bingo has up to 333 km of CLTC range and 68 hp. It has appeared to be over 1,000-USD cheaper than we previously thought.
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BYD to unveil new technology called ‘Yunnian’ on Apr 10
BYD previously hinted that the technology is expected to give the vehicle an emperor's seat-like feel. | BYDDY.US | BYD HK
BYD will unveil a new technology next month, the latest following the e⁴ technology it unveiled in early January.
The new energy vehicle (NEV) giant will unveil a system called "Yunnian" (云辇) at an event on April 10 from 19:00 to 20:30 local time at its global headquarters in Shenzhen.
BYD has previously unveiled key technologies including the DM hybrid system, e-Platform, blade battery, CTB technology and e⁴, while "Yunnian" will be the company's latest in-house developed technology achievement, according to an invitation today.
BYD did not provide an introduction to the "Yunnian" system, saying only that it will be a key technology for the intelligent integration of NEVs in the vertical direction.
On January 4, BYD applied for the trademark "Yunnian" in China.
On March 23, BYD said on Weibo that the Yunnian system will be unveiled soon, and hinted that the technology is expected to make the vehicle stable on rough roads.
The Chinese character "辇" is not common and usually refers to the vehicle in which the emperor rode. The Chinese character "云" means cloud.
The technology is expected to make the vehicle feel like an emperor's vehicle, BYD hinted in a poster on March 23.
The technology will be the second major technology announced by BYD so far this year.
On January 3, BYD officially launched the premium Yangwang brand at its Shenzhen headquarters, where it highlighted the technology platform known as e⁴.
e⁴ is China's first mass-produced quad-motor independent drive technology platform, capable of achieving precise control of the vehicle's four-wheel dynamics with its four-motor independent vector control technology, BYD said at the time.
BYD opened the Yangwang brand launch event by having an SUV enter in crabwalk mode to show off this technology.
e⁴ is a power system with quad-motor independent drive as the core, a comprehensive reconstruction of the characteristics of NEVs in terms of perception, decision-making, and execution, overturning the ability system of the previous fuel car power system, BYD said.
(BYD's poster released on March 23 to warm up for the Yunnian system hints at the key features.)
BYD expects its Q1 NEV sales to grow over 80% YoY, aims to be largest automaker in China by year-end
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BAW Yuanbao 2023 model was launched, for 4,300 USD, 20% cheaper then 2022 version
The price of the 2023 BAW Yuanbao EV is reduced by 1000 USD compared to the 2022 model with similar configurations.
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NIO to start ET5 delivery in Germany on Mar 31
March 31 is the official delivery date for the NIO ET5 in Germany, and NIO is using it as an opportunity to launch its ET5 first mover marketing campaign. | NIO US | NIO HK | NIO SG
(Image credit: NIO)
NIO (NYSE: NIO) will begin delivery of the ET5 in Germany on the last day of this month, fulfilling its previous promise to begin European deliveries of the sedan in March.
March 31 is the official delivery date for the NIO ET5 in Germany, and NIO is using it as an opportunity to launch the ET5 first mover campaign, according to an article posted today on the European version of the NIO App.
The first consumers to receive delivery of the NIO ET5 will get a free NOMI Mate voice assistance system and electric folding trailer hitch worth 1,800 euros, according to the article.
Those who have already ordered the ET5 will also receive this benefit, and NIO staff will contact users in the next few days to adjust their orders, according to the article.
The ET5 starts at 47,500 euros in Germany, excluding the battery, and consumers will receive an environmental bonus of 4,500 euros for purchasing the model, according to the article.
In the case of commercial use, users can also benefit from the 0.25 percent tax credit rule that applies to German electric vehicles from January 1, 2019.
The NIO ET5 can currently be ordered in Germany with the above special equipment at no extra charge and is available in limited quantities. The first mover promotion ends with the option of the NOMI Mate for 600 euros and the trailer hookup for 1,200 euros.
"With the launch of the NIO ET5, we are pleased to expand the NIO portfolio in the German market as well as our target group appeal," Ralph Kranz, general manager of NIO Germany, said.
"With the mid-size sedan NIO ET5, we are specifically expanding our electric mobility segment in Germany, creating broader user access to the NIO community thanks to an attractive equipment and price package," he added.
NIO introduced the ET7, EL7 and ET5 to European consumers at the NIO Berlin launch event on October 7 last year. The EL7 is known as the ES7 in China.
Deliveries of the ET7 started in Europe as planned in October last year, and deliveries of the EL7 began at the end of January.
NIO initially offered only vehicle subscription options in Germany, the Netherlands, Sweden and Denmark. At the end of November last year, NIO began offering purchase options in these countries.
Notably, NIO previously announced a starting price of 49,900 euros for the ET5 in Germany, excluding the battery, and the latest information from the NIO App means a slight price reduction for the model.
In addition, a March 1 article in the European version of the NIO App said that NIO will open a new NIO House in Frankfurt on March 30, which will be the company's second in Germany after the facility in Berlin.
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Chinese self-driving startup WeRide plans to start autonomous vehicle testing in Singapore this year
In September 2022, WeRide launched its Singapore company and signed a memorandum of cooperation with a subsidiary of a local public transport operator in November.
(Image credit: WeRide)
Chinese self-driving startup WeRide plans to start testing autonomous vehicles in Singapore this year, as it begins to set its sights on Southeast Asian markets.
WeRide will work with Strides, a subsidiary of Singapore's largest public transport operator SMRT, to test and pilot self-driving vehicles in the Southeast Asian country, according to an article yesterday on its official WeChat account.
In September 2022, WeRide established the Singapore branch and signed a memorandum of cooperation with Strides in November, according to the article.
SMRT and another Singaporean investment house, K3 Ventures, are both strategic investors in WeRide, and they will help the company grow in Singapore and Southeast Asian markets, the article said.
On March 27, Singapore Prime Minister Lee Hsien Loong kicked off a six-day visit to China and visited WeRide's headquarters in Guangzhou, said the article.
WeRide's office in Singapore is hiring talents there, and the company will use the office as a regional development center for Asia Pacific operations, according to its founder and CEO Han Xu.
Founded in Guangzhou in 2017, WeRide's products include Robotaxi, Mini Robobus, Robovan, Robo Street Sweeper and SAE L2-L4 advanced smart driving solutions.
WeRide is now testing and operating driverless vehicles in 25 cities in 5 countries, according to the article.
The company has a fleet of more than 500 self-driving vehicles and more than 16 million miles of autonomous driving, WeRide said.
On March 13, Bloomberg reported that WeRide has confidentially filed for an initial public offering in the US and hopes to raise as much as $500 million.
WeRide is poised to go public as early as the first half of this year, according to the report.
In March 2022, local media outlet LatePost reported that WeRide had closed a new round of over $400 million in financing, with a post-investment valuation of $4.4 billion.
Investors in the round included GAC Group, Bosch, China-Arab Investment Funds, and Carlyle Group, the report said.
WeRide unveils smaller, lower-cost self-driving sensor suite
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Denza N8 is an expensive BYD Tang sibling. To launch this year
The Denza N8 was officially unveiled in China and became a disappointment.
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Denza starts warming up for new SUV N8, releases official exterior images
The Denza N8 will be a mid to large-size SUV that will be available in 5-, 6- and 7-seat versions.
(Image credit: Denza)
BYD's premium new energy vehicle (NEV) brand Denza seems to be preparing to market two new SUVs in parallel.
Denza is already warming up for the new SUV, the Denza N8, as it just started intensive marketing on the Denza N7 earlier this month.
The brand shared several images of the Denza N8 on Weibo today, showing off the model's exterior design.
Denza didn't share anything else, but the information it released earlier this month suggests that the Denza N8 will carry over much of the design of the now-discontinued Denza X.
The Denza X measures 4,890 mm, 1,950 mm, 1,725 mm and has a wheelbase of 2,820 mm.
The Denza N8 will be mid to large-size SUV that will be available in 5-, 6- and 7-seat versions, featuring the Denza family's new π-Motion design language, it said earlier this month.
On March 14, Denza released a video of one of the Denza N8's winter tests, showing a maximum charging power of 175 kW for the model's electric-only version and 90 kW for the plug-in hybrid version.
Denza was established in February 2011 as a 50-50 joint venture between BYD and Daimler, the first Sino-foreign joint venture in China to focus on NEVs. In February 2022, the Daimler brand was rebranded as Mercedes-Benz.
Last year, BYD's stake in Denza increased to 90 percent, and Mercedes-Benz's stake decreased to 10 percent.
In August 2022, Denza launched the D9 MPV, the brand's first model after its rebranding. The Denza D9 began deliveries at the end of October last year.
On March 6, Denza released several exterior images of the Denza N7 on Weibo.
On March 9, the Denza N7 appeared on a regulatory declaration list with a paging showing the car's length, width and height of 4,860 mm, 1,935 mm and 1,602 mm respectively, with a wheelbase of 2,940 mm.
The Denza N7 has inspired a high level of enthusiasm, and with the announcement of Denza's partnership with French high-end audio brand Devialet on March 22, there have been particularly many inquiries from customers every day, said Zhao Changjiang, general manager of Denza's sales division, on Weibo on March 26.
Many customers want to have Denza N7 launched as soon as possible, and according to the inquiry volume data, the model is expected to get 30,000 orders before its launch in the middle of the year, Zhao said.
Denza N7 expected to get over 30,000 orders before mid-year launch, exec says
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BYD expects its Q1 NEV sales to grow over 80% YoY, aims to be largest automaker in China by year-end
Based on January-February retail sales, BYD is already the largest automaker in China with an 11.8 percent share. | BYDDY.US | BYD HK
BYD's new energy vehicle (NEV) sales are expected to maintain strong growth in the first quarter, despite the overall weak performance of China's passenger vehicle market.
In January and February, year-on-year growth in Chinese vehicle demand was slightly weaker, but BYD still maintained strong growth, the company's chairman and president, Wang Chuanfu, said at a conference today.
BYD's sales in January and February were much higher than a year ago, and in a few days, March figures will be released, and first-quarter sales are still expected to grow by more than 80 percent from a year ago, Wang said.
BYD yesterday announced its full-year 2022 and four-quarter results, showing a more than 10-fold year-on-year increase in net profit in the fourth quarter. The company held an investor meeting today that was not public, but the main points are being covered by local media.
BYD sold 151,341 and 193,655 NEVs in January and February, respectively, for a two-month total of 344,996 vehicles, up 90 percent year-on-year, according to data monitored by CnEVPost.
The company sold 286,329 vehicles in the first quarter of last year, and the more than 80 percent increase would mean sales of more than 515,400 vehicles in the first quarter, or more than 170,000 vehicles in March.
Wang also mentioned that BYD aims to be the largest automaker in China by the end of this year.
It is worth noting that BYD is already the largest automaker in China based on January-February sales.
BYD's retail sales of 316,417 units in January-February were the highest of all car companies in China, with an 11.8 percent share, according to a list published earlier this month by the China Passenger Car Association (CPCA).
FAW-Volkswagen was second with 221,946 retail sales in January-February, with an 8.3 percent share, and Changan Automobile was third with 209,825 units, or 7.8 percent share.
Wang, referring to the recent price war in China's auto industry, said today that the reason behind this is that supply is outstripping demand and some car companies will be phased out while others will gain greater market share.
China's home appliance and mobile phone industries have been through this, and the NEV industry will be no exception, he said.
If the supply in the auto industry is still greater than the demand, the price war will continue, he said.
The price war has had a certain psychological impact on consumers, but these effects are expected to be reduced by the end of April and market confidence will gradually return as several local auto shows take place in May, according to Wang.
He also mentioned that BYD has no plans to enter the US passenger car market for the time being.
BYD's Q4 net profit up over 10 times year-on-year to $1.06 billion
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NIO brings over 300 partners together to help it achieve swap station build-out goal
NIO said it hopes to strengthen its relationships with partners to help it reach its plan to add 1,000 battery swap stations in 2023. | NIO US | NIO HK | NIO SG
(Image credit: NIO)
NIO (NYSE: NIO) yesterday made its third-generation battery swap station a real-life debut in Haikou, Hainan, but perhaps a more important move was its gathering with hundreds of partners in the city.
The company's energy division, NIO Power, held a partner conference in Haikou on March 28 with more than 300 attendees to discuss energy development, Shen Fei, the division's senior vice president, said in a post on the NIO App yesterday.
NIO hopes to strengthen its relationships with partners to help it reach its plan to add 1,000 battery swap stations in 2023 and to strengthen the foundation for ongoing collaboration, the article said.
The company's plan to add 1,000 battery swap stations and 10,000 charging piles this year will require the full support of its partners, the article reads.
William Li, founder, chairman and CEO of NIO, shared the growth of NIO Power and mentioned that China's new energy passenger vehicle penetration rate reached 27.6 percent in 2022, three years ahead of the national goal of seeing that figure reach 25 percent by 2025.
Located next to the Shangri-La Hotel in Haikou, NIO's first third-generation battery swap station and 500 kW ultra-fast charging station made its offline debut, the article reads.
Here's a video of the event from the article.
NIO originally planned to add 400 battery swap stations in China this year, a goal that was raised to 1,000 a month ago.
"We have set a new target and decided to add 1,000 battery swap stations in 2023, accumulating more than 2,300 stations by the end of 2023," Li said in a February 21 article posted on the NIO App.
NIO began the year with a noticeable slowdown in battery swap station construction, perhaps in anticipation of a ramp-up in the capacity of third-generation stations.
NIO has added only 20 battery swap stations in China so far this year, bringing the latest total to 1,325, according to data monitored by CnEVPost.
NIO's third-generation battery swap stations are expected to be ready for mass production in April, and deployment will pick up speed in May, Li said last month.
Starting in June, NIO will maintain a construction rate of 120-150 battery swap stations per month, he said.
NIO reveals aggressive plan to add 1,000 swap stations in 2023
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