BYD

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.

The Qin family was the third best-selling BYD model in October with 42,767 units sold.

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 sold a record 30,521 NEVs overseas in October, up 220.3 percent year-on-year and up 8.85 percent from September.

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.

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 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.

By the end of the year, Yangwang aims to open more than 90 directly-managed stores in more than 40 cities in China.

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.

Fang Cheng Bao started the pre-sale of its first model, the Bao 5, in August, with a pre-sale price range of RMB 300,000 - RMB 400,000.