BYD

There had been a change in the rules of the Hong Kong Stock Exchange, where the physical stock needed to be replaced with an electronic stock holding.

BYD fell 10.89 percent in early trading in Hong Kong and 7.3 percent for shares traded in Shenzhen.

As of early July, BYD's cumulative order backlog has exceeded 700,000 units, according to local media.

BYD did not announce a price for the model in Singapore; it is priced in China at RMB 137,800 ($20,590) to RMB 165,800 after subsidies.

Pre-orders for the BYD Seal began on May 20 with a starting price of RMB 212,800 ($31,860) and orders reached 22,637 units within seven hours.

BYD and Tesla have earned 1.66 million credits and 1.4 million credits in 2021, valued at about RMB 3.46 billion and RMB 2.93 billion, respectively.

Louwman will open offline stores in several Dutch cities to provide a full range of sales and after-sales services for BYD's NEVs.

BYD's Qin family sold 26,623 units in June, while the Yuan family sold 19,731 units and the Dolphin sold 10,376 units.

From January to June, BYD sold 641,350 NEVs, up 314.9 percent from 154,579 units in the same period last year.

This is BYD's sixth production site in China and currently produces the Qin Plus DM-i and core components including the engine and motor.