BYD
Automakers' share of China NEV market in May: BYD tops with 33.4%, Tesla 3rd with 6.9%
In the January-May period, BYD was No. 1 in China's NEV market with a 34.0 percent share, while Tesla was No. 3 with 6.7 percent.
BYD showcases its assisted driving capabilities in rare video demo
A Denza N7 SUV navigates a complex urban road with the assisted driving feature turned on and zero takeover, marking the real-life debut of BYD's assisted driving technology that doesn't rely on high-definition maps.
CATL, BYD working on even faster 6C charging tech, report says
CATL plans to launch a second-generation Qilin Battery with a 6C charging multiplier in the second half of 2024, and BYD's second-generation Blade Battery could also be launched in the second half of the year, with a 6C battery in the works.
BYD Denza makes inroads into global markets, launches D9 MPV in HK
Denza's first flagship store in Hong Kong will open at the end of June, and it will enter more overseas markets in the future.
Global EV battery market share in Jan-Apr 2024: CATL 37.7%, BYD 15.4%
CATL continued to be No. 1, but with a slight decrease in share from Jan-March. BYD remained in second place and increased its share.
BYD's FinDreams unit to supply battery cells to Tesla's Shanghai Megafactory
BYD's battery making unit FinDreams will be Tesla's new supplier of energy storage cells outside of CATL, securing more than 20 percent of orders for the Megapack product line, according to local media.
BYD May sales breakdown: Song at 82,174 units, Qin 57,072
The Song and Qin families continue to be BYD's best-sellers. The Yuan family was the third best-selling BYD model in May, with 40,231 units sold.
BYD sells 331,817 NEVs in May, PHEV sales set another record high
BYD's PHEVs have continued to hit record highs over the past three months, performing significantly better than BEVs, reflecting the overall market's greater acceptance of hybrid models.
BYD's 1st showroom in Saudi Arabia opens
BYD said it has built up a team of more than 100 people in Saudi Arabia and will open more stores there.
Morgan Stanley cautions of possible new price competition following BYD's launch of 5th-gen DM tech and new models
“While new launches should boost wholesale volume, we would monitor whether it could spark another round of price competition,” Morgan Stanley said.
