BYD
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Nio's orders up 19% in Apr from Mar, Deutsche Bank survey shows
The sequential increase in new orders for Nio in April was mainly due to lower prices for its BaaS battery rental service, according to Deutsche Bank.
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China EV insurance registrations for week ending May 5: Nio 3,600, Tesla 11,000, BYD 52,600, Xiaomi 1,300
Li Auto had 5,300 insurance registrations last week and Xpeng 1,400.
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Global EV battery market share in Jan-Mar 2024: CATL 37.9%, BYD 14.3%
CATL continues to be No. 1, but with a slightly reduced share from Jan-February. BYD is back in second place, overtaking LG Energy Solution.
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Nio sub-brand Onvo to use BYD batteries, report says
BYD has been renovating its battery pack production lines in Anhui province and will supply smaller a battery pack for a version of Onvo's new EV, according to Reuters.
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BYD Shark pickup to make global debut in Mexico on May 14
"BYD Shark, Hybrid Power, Wild Spirit," BYD writes.
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BYD Apr sales breakdown: Song 80,860 units, Qin 51,170
The Yangwang brand sold 952 vehicles in April, while Fang Cheng Bao sold 2,110 units.
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BYD sells 313,245 NEVs in Apr, overseas sales hit record high
BYD sold 134,465 BEVs in April, down 3.89 percent from March, and 177,583 PHEVs, up 9.8 percent from March.
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BYD recalls 16,666 Seagull EVs in China due to software issue that may prevent reverse camera image from displaying
BYD will upgrade the software for the recalled vehicles free of charge via OTA to ensure that the reversing image is displayed properly.
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BYD's net profit in Q1 down 47% from Q4 as car sales decline
BYD sold 626,263 NEVs in the first quarter, a 33.71 percent decrease from the fourth quarter of 2023 due to seasonal factors.
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BYD Denza unveils Z9GT at Beijing auto show
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.
