BYD

A BYD spokesperson, responding to CnEVPost's request for comment, said the information was untrue and not in line with the actual situation.

The initial order will include the BYD Atto 3, which will be available under the so-called Salary Sacrifice program.

On March 10, BYD held a groundbreaking ceremony for the plant in Thailand, and the delivery ceremony for the 10,000th BYD Atto 3.

BYD's share in February was essentially unchanged from January, while CALB's share grew significantly.

Consumers who order BYD's Song Plus lineup this month will receive a discount of RMB 6,800, or RMB 8,800 for the Seal.

The Denza N7 will be available in single- and dual-motor versions, with an option for LiDARs, which are set on both sides of the front bumper.

BYD's F brand is positioned between the Denza and Yangwang and is expected to be priced between RMB 400,000 and RMB 600,000.

The BYD Atto 3 will start at £36,490 ($43,230) in the UK and deliveries there will begin on March 15.

BYD has set a budget of more than $20 billion for its commercial vehicle division through 2025, with major spending planned for research, product development and capacity expansion, according to the Wall Street Journal.

CATL's battery installations rose 6.5 percent year-on-year in January, below the industry's growth rate of 18.1 percent.