BYD

BYD had already filed four new cars under the Linghui brand last month, all based on existing models.

At press time, Nio was down 5.44% in Hong Kong, Xpeng fell 7.89%, Li Auto dropped 2.50%, and BYD declined 4.5%.

BYD exported 100,482 NEVs in January, a 51.47% increase year-on-year, marking one of the few bright spots.

Boonray has secured a RMB 100 million ($14.4 million) investment from BYD to advance the adoption of new energy technologies in heavy-duty industries.

Strong demand is prompting BYD to reassess ways to deploy more vehicles in India, where dealers currently have hundreds of bookings, according to Bloomberg.

The battery plant involves a total investment of $130 million, with a combined annual capacity of 6 GWh across two phases.

BYD will unveil the new flagship model of its Tang SUV series and the new flagship model of its Han sedan series in the first half of the year.

The target represents a 64% increase from BYD's 2025 sales of 6,107 passenger vehicles in South Korea.

BYD achieved over 200% year-on-year growth in Europe during most months of 2025, whereas Tesla saw declines in every single month.

BYD targets 1.3 million overseas vehicle sales in 2026, representing about 24% growth.