BYD

BYD sold 626,263 NEVs in the first quarter, a 33.71 percent decrease from the fourth quarter of 2023 due to seasonal factors.

The Z9GT is based on BYD's e3 technology, with power up to nearly 1,000 hp. Denza will hold a technology launch event about the Z9GT in May, and the model's official launch will be at the end of the year.

The official launch of the Ocean-M hatchback will take place in the third quarter, with a price range of RMB 150,000 to RMB 200,000 yuan.

The Qin L DM-i and Seal 06 DM-i are both mid-size sedans that will both go on sale in the second quarter and are expected to feature BYD's fifth-generation DM hybrid technology.

Yangwang launched the U8 Off-road Master Edition with enhanced off-road capabilities at a starting price of RMB 1,098,000. The U7 sedan will be priced in the RMB 1 million range and will go on sale in the second half of the year.

The Ocean-M will be based on a new all-electric platform and is the industry's first rear-wheel drive all-electric performance hatchback, according to BYD.

The Yangwang U8 Premium Edition has already been launched and delivered a total of 5,523 units. Coming soon is the Off-road Master Edition with more room for modifications.

BYD's first new-energy pickup truck is officially named BYD Shark, built on the DMO super hybrid off-road platform, the company said.

The updated Tang EV price has been reduced by RMB 30,000, and the Tang DM-p price by RMB 40,000.

The Qin L will be unveiled at the Beijing auto show and will likely be equipped with BYD's 5th generation DM-i hybrid technology, said local media.