BYD

Tai 7 is expected to target a broader family user base with a larger size than Tai 3.

CATL's market share in May increased by 3.44 percentage points compared to April, while BYD's share decreased by 3.86 percentage points.

Tesla's market share in China's NEV market in May was higher than its 3.2 percent in April but lower than the 6.9 percent from the same period last year.

The Seal 06 EV is BYD's latest affordable electric sedan, with a range of up to 545 km.

Fang Cheng Bao has teased a new model, which could be the Tai 7, the second model in its Tai series.

The Seal 07 DM-i has been renamed Seal 7 DM-i in the Gulf region and is now available in Saudi Arabia, the UAE, Kuwait, Qatar, and Oman.

BYD registered a record 416 vehicles in Japan in May, with over 240 of them being the newly launched Sealion 7 electric SUV.

BYD's prices in overseas markets are relatively stable, which is beneficial to the company's profitability, said Wang Chuanfu.

The BYD Xi'an and BYD Changsha car carriers have entered the sea trial phase and are set to enter service soon.

CATL and BYD's combined EV battery installations in January-April totaled 171 GWh, accounting for 55.4 percent of the global total.