BYD
Chinese shipbuilder starts work on vehicle carrier for BYD
Guangzhou Shipyard has begun construction on the first of 2 vehicle carriers for BYD, capable of carrying up to 7,000 vehicles.
BYD Fang Cheng Bao to officially launch debut model Bao 5 on Nov 9
Fang Cheng Bao began pre-sales of the Bao 5 on August 25, with a price range of RMB 300,000 to RMB 400,000.
BYD offers $1,370 limited-time discount on Qin Plus EV
The Qin family was the third best-selling BYD model in October with 42,767 units sold.
BYD Oct sales breakdown: Song 63,965, Seagull 43,350
With 63,965 units sold in October, the Song family continues to rank as the top-selling BYD model, up 1.79 percent from September.
BYD sells record 301,833 NEVs in Oct, its 6th consecutive month of record sales
BYD sold a record 30,521 NEVs overseas in October, up 220.3 percent year-on-year and up 8.85 percent from September.
BYD starts offering limited-time discounts on several models to boost sales
Customers who buy some of the models from BYD's Ocean lineup between November 1 and November 31 can get discounts of up to RMB 18,000.
BYD begins pre-sales of shooting brake style SUV Song L with starting price of $30,070
The Song L is the second shooting brake-style SUV under the BYD umbrella, with the NEV maker's premium Denza brand's Denza N7 being the group's first such model.
BYD's auto business gross margin hits record high in Q3, analysts explain why
BYD had a record gross margin of 25.7 percent for its auto business in the third quarter, a 4-percentage point improvement from the second quarter.
BYD's premium Yangwang brand opens 1st batch of 22 stores
By the end of the year, Yangwang aims to open more than 90 directly-managed stores in more than 40 cities in China.
BYD posts record Q3 net profit, gross margin hits 3-year high
BYD reported a record net profit of RMB 10.41 billion in the third quarter, up 52.59 percent from the second quarter. Gross margin for the third quarter was 22.12 percent, a record high since the third quarter of 2020.
