BYD

BYD shares were down 6.53 percent in Hong Kong and 3.89 percent in Shenzhen at press time.

Analysts believe BYD's price discounts could lead to further price competition in China and spark more rivals to follow suit.

The N8L looks like a slightly scaled-down version of Denza's N9 flagship SUV launched in March.

BYD registered 7,231 BEVs in Europe in April, ahead of Tesla's 7,165.

BYD has signed an agreement with Spain's Grenergy to supply an additional 3.5 GWh of energy storage systems.

The Seagull, rebranded in Europe as the Dolphin Surf, went on sale in 15 European countries on Wednesday.

Denza saw the 10,000th N9 roll off the production line today, two months after the large luxury SUV was launched.

BYD ranked No. 1 in the global BEV market in the first quarter with a 15.4 percent share, while Tesla was No. 2 with 12.6 percent.

The BYD car carrier can accommodate up to 7,000 vehicles.

Car Inc plans to expand its purchases of BYD vehicles in the summer of 2025.