BYD

The Denza D9 MPV continues to be offered in hybrid and pure electric versions, with starting prices lowered by RMB 10,000 and RMB 16,000, respectively.

The number of shares BYD plans to buy back is about 0.05 percent of its total issued share capital and will be used for cancellation to reduce registered capital.

BYD's Brazilian production base complex will start production in late 2024 to early 2025, with an expected annual capacity of 150,000 vehicles per year in the first phase.

CATL's battery installations in January were 20.5 GWh, up 88.1 percent year-on-year, while BYD's were 7.4 GWh, up 34.4 percent year-on-year.

BYD has launched an updated version of the Seagull, lowering the starting price to RMB 69,800, or about $9,700.

Seagull is the latest in the Ocean range offered by BYD in Brazil and Mexico, following the Seal and Dolphin.

The updated Yuan Plus has a starting price of RMB 119,800, or about $16,650. The model is available in several overseas markets under the Atto 3 name.

The Yangwang brand delivered 780 vehicles and Fang Cheng Bao 2,310 vehicles in February.

BYD saw a drop in NEV sales in February as the New Year holiday brought disruptions.

The updated Song Pro DM-i continues to be offered in five variants, all with a price cut of RMB 20,000 to a starting price of RMB 109,800 yuan.