BYD

BYD and Weichai Power will build a power battery development and manufacturing base in Shandong province, where the latter is headquartered.

BYD's advanced driver-assistance system, called DNP, will be available on the new Han sedan in the third quarter, according to local media.

BYD returned to the top spot in the LFP battery market with a 42.68 percent share in April, overtaking CATL's 33.65 percent.

The unification of the chip and algorithm businesses is a positive sign that BYD is accelerating the pace of its own smart driving research and development, local media said.

The new BYD Seal starts at RMB 189,800, down RMB 23,000 from its predecessor's RMB 212,800.

The Chaser 07 is about the same size as the BYD Han PHEV and will target the RMB 200,000 to 250,000 hybrid market.

The Yangwang U8 has a overall mass of 3,460 kg, and is equipped with four electric motors, each having a maximum power of 220 kW.

Denza posted images on Weibo today showing the N8 with a large glass roof, a large center screen and rear tabletops.

Denza's new SUV model N7, which is being pre-sold, is expected to receive more than 6,000 new orders this month and is on track to reach 30,000 orders before its official launch, the brand's chief said.

BYD has entered into a strategic partnership with Ecuadorian car dealership group Andor, which will establish six dealer stores in the next six months and plans to expand to 12 in 2024.