BYD

By the end of November, sales of the Han family exceeded 10,000 for the third consecutive month, with cumulative sales of 144,520 units since its launch in July last year.

The Xi'an plant is one of BYD's most important bases, where some versions of the popular Qin sedan and all models of the compact SUV Song series are produced.

A model that appears to be a convertible version of the Han EV has been photographed in front of FAW Toyota's factory, covered closely by camouflage.

This comes about four months after BYD delivered the first Tang EVs in Norway on August 12.

BYD expects the Yuan Plus to receive strong interest in Singapore as it features BYD's latest e-platform 3.0 and blade battery technology.

Xia contributed about RMB 300,000 to BYD in 1995, his first investment in BYD and making him one of the three founders of the company.

BYD will launch its premium brand in the first half of next year, and the first model will be a hardcore crossover priced at around RMB 500,000 to RMB 1 million, local media said.

BYD expects to sell 600,000 pure-play EVs and 500,000-600,000 plug-in hybrids next year, corresponding to a market share of about 25 percent in China.

Niutron, the new energy vehicle brand founded by Niu Technologies founder Li Yinan, is expected to be officially launched on December 15.

That's partly because BYD Semiconductor's production capacity is really tight, and partly because it's trying to cut back its affiliate deals with BYD Group.