BYD

BYD debuted its bus chassis technology platform using Blade Battery, which it calls the eBus Blade Platform, at the IAA Transportation 2022 event in Germany.

The sports car is a model for BYD's premium brand and could be priced in the RMB 2 million range, according to some Weibo bloggers.

The project is scheduled to be completed and put into operation on July 30, 2023, with an annual production value of about RMB 100 billion when it reaches production.

BYD's insurance registrations in China for the second week of September were 31,000, with 18,000 for Tesla and 1,613 for Nio.

BYD's planned capacity for the site is 10 GWh of hybrid batteries and 5 GWh of new batteries.

The production line, which completed installation on September 5, can produce 500,000 automotive chips per year.

CATL continues to rank first with a 46.79 percent share, while BYD continues to rank second with a 21.91 percent share.

BYD's plant is expected to start operations in 2024 and the vehicles will be exported to ASEAN countries and Europe.

Nio continued to outsell its local counterpart Xpeng and Li Auto in the first week of September, as deliveries of its new models began to see a steady rise.

Thailand's Board of Investment approved a set of investment commitments in August, including BYD's 17.9 billion baht ($491 million) electric vehicle production project.