BYD

BYD has both the spirit of science and craftsmanship and if the two are combined, it can become an ace, said Chinese Premier Li Keqiang.

This is one of the new overseas markets that BYD has intensively announced in the last month that it has entered. Its local counterpart, Nio, will also enter Denmark this year.

BYD has previously brought the Atto 3 to several markets including Australia, Singapore, Japan and Costa Rica.

BYD plans to invest RMB 28.5 billion ($4.2 billion) in a power battery base as well as a mining project in Yichun.

The BYD Seagull will be smaller than the Dolphin and is expected to have a starting price of less than 100,000 yuan ($15,000), according to local media.

The Model Y is powered by BYD batteries with a capacity of 55-kilowatt hours and a range of 440 kilometers, according to a German media report.

CATL continued to rank first in July with a 47.19 percent share, but down from 49.6 percent in June. BYD's share was 25.23 percent, its second highest on record.

BYD has built a green transportation system through NEVs and rail transit, with the use of NEVs in the park now reaching 100 percent.

SAIC-GM-Wuling had an 8.3 percent share of China's NEV retail sales in July, Nio at 2.1 percent and Tesla China at 1.7 percent.

BYD's blade batteries has begun delivery to Tesla's factory in Berlin, and the Tesla Shanghai factory has no plans to use BYD batteries for the time being, according to local media.