Month: May 2023

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BYD BYD Europe China Electric eMobility eV

BYD evaluating feasibility of building passenger car plant in Europe

said it is evaluating the feasibility of building a passenger car plant in Europe and is looking for a suitable location.  |  BYDDY.US | BYD HK

(Image credit: CnEVPost)

BYD (OTCMKTS: BYDDY) said it is evaluating the feasibility of building a passenger car plant in Europe after a report earlier today generated widespread discussion.

The Chinese new energy vehicle (NEV) giant wants to build a plant in Europe, and France is among the countries it's considering, with Spain and Germany also in the running, according to a report in French media outlet Les Echos today.

"Discussions with BYD are continuing," the report said, citing an unnamed French minister.

BYD is evaluating the feasibility of building a passenger car plant in Europe and is looking for a suitable location, the company said in a response shared with CnEVPost.

This is not the first time BYD has been reported to be looking to build a passenger car plant in Europe, as the NEV giant ramps up its efforts to expand in international markets.

Last December 7, Bloomberg cited BYD executive vice president Stella Li as saying that BYD was looking to build a passenger car plant in Europe.

"Yes, and maybe not only one, it can be two," Li said at the time, adding that the company was evaluating the best locations to support BYD's fast ramp-up.

In a March 12 interview with the Financial Times, BYD European president Michael Shu said the company was looking at both new sites and existing plants, with the first European plant likely to be located in Germany, France, Spain, Poland and Hungary.

A decision is likely this year, with the aim of producing its first vehicles as early as 2025, according to the report.

BYD established its first overseas branch in the Netherlands in 1998 to expand into the European market.

Its European branch has expanded its business from batteries to solar energy, energy storage and NEVs, with an operational footprint of more than 20 countries and 100 cities across Europe, according to information shared by the company at the end of September last year.

Notably, BYD had not previously promoted its passenger car business hard in Europe until September 28 last year, when it introduced three battery electric vehicles (BEVs) -- the Atto 3, Han, and Tang -- to the European market at an online launch event.

In April this year, BYD held a launch event in Barcelona, Spain, announcing that Dolphin and Seal will enter the European market in 2023.

The Dolphin will be available for pre-sale this summer, with deliveries in the fourth quarter, and the Seal will be available in Europe shortly thereafter, BYD said at the time.

The two models will be BYD's new batch of all-electric models in Europe, following the launch of the Han, Tang and ATTO 3 in Europe last year, and are the first BYD Ocean series models to be launched for the European market.

BYD sold 210,295 NEVs in April, up 98.31 percent year-on-year and up 1.55 percent from March.

In April, BYD sold 14,827 NEVs in overseas markets, up 11.38 percent from 13,312 units in March.

BYD Dolphin, Seal to be available in Europe this year

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Electric eMobility eV

Watch Modified Tesla Model S Set A New Lap Record At Willow Springs By Accident

Unplugged Performance’s “Dark Helmet” was doing hot laps for Pikes Peak.
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Electric eMobility eV

VinFast Starts Shipping Longer-Range VF8 Standard Edition EVs To US

A car carrier ship reached California's Port of Benicia bringing 1,879 VF8 Standard Edition electric SUVs for US delivery in June.
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China Electric eMobility eV Industry News Mini EV Saic-gm-wuling Wuling Air ev

Wuling cuts prices on its mini EVs by up to $1,850

Wuling said the move is in response to China's call to boost consumption of NEVs in rural areas.

(Image credit: SAIC-GM-Wuling)

SAIC-GM-Wuling is cutting the prices of several of its mini electric vehicles (EVs), after taking a page out of 's (NYSE: NIO) book 10 days ago to make these budget EVs more affordable.

The company today announced a price cut of up to 13,000 yuan ($1,850) for models in its Hongguang Mini EV family, saying the move is in response to China's call to boost consumption of NEVs in rural areas.

Last week, China released a policy to support NEV consumption in rural areas, which mentioned that automakers are encouraged to develop more economical models that target the characteristics of consumers in rural areas.

A table released by SAIC-GM-Wuling shows that an Air EV, originally priced at RMB 82,800, saw a price drop of RMB 13,000, or 15.70 percent, to RMB 69,800, the largest price cut for its Mini EV family.

The other three Air EVs have all seen their prices cut by RMB 10,000, with the latest prices at RMB 66,800, 65,800 and 57,800 respectively.

SAIC-GM-Wuling's better-known Mini EV series has four models all reduced in price by RMB 6,000, with the latest prices at RMB 63,800, RMB 61,800, RMB 51,800, and RMB 49,800 respectively.

SAIC-GM-Wuling is a joint venture between SAIC Group, General Motors and Liuzhou Wuling Automobile, headquartered in Liuzhou, Guangxi Zhuang Autonomous Region in southwestern China.

It sells vehicles based on the GSEV (Global Small Electric Vehicle) architecture in China, including the Mini EV, KiWi EV, Nano EV and Air EV. In addition to these pure electric models, SAIC-GM-Wuling also sells fuel-powered SUVs, MPVs and vans.

The Air EV will be officially launched in China on December 12, 2022, with a price range of RMB 67,800-82,800.

The model is SAIC-GM-Wuling's first global model, which was first launched in Indonesia in August last year.

Prior to the price cut, SAIC-GM-Wuling took a page from NIO's book and allowed consumers to purchase the Hongguang Mini EV with a body only and lease the battery, although the model does not support simple battery replacement like NIO models.

The automaker offers this purchase option for five versions of the Hongguang Mini EV, with the lowest-priced version costing consumers an initial payment of just RMB 19,800 and a monthly battery lease of RMB 198 for the next five years.

Under the regular purchase option, this version of the Hongguang Mini EV is priced at RMB 32,800.

($1 = RMB 7.0218)

SAIC-GM-Wuling takes page from NIO's book to make its Mini EV even more affordable

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China Electric Electric cars eMobility eV Report SGMW Wuling Wuling Air ev Wuling Hongguang MINI EV

Wuling slashed Air EV prices down by up to 1,850 USD. Starting at 8,230 USD

Wuling slashed Mini EV series prices in China. It looks like a desperate move from Wuling to keep market positions.

The post Wuling slashed Air EV prices down by up to 1,850 USD. Starting at 8,230 USD appeared first on CarNewsChina.com.

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Electric eMobility eV

Tesla Rolls Out “Drive To Believe” Video As It Tries Its Hand At Advertising

It’s been less than a week since Elon Musk said that Tesla “will try a little advertising.”
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Battery News China Electric eMobility eV Ganfeng Lithium Solid-state Battery

Lithium producer Ganfeng says it has started mass production of 1st gen solid-state battery

Ganfeng said its first-generation solid-state battery can reach an energy density of 260 Wh/kg, with a production line capable of producing 4 GWh per year.

(Image credit: Ganfeng Lithium)

China's Ganfeng Lithium -- the world's largest lithium producer by market capitalization -- said it has begun mass production of its first-generation solid-state battery, after announcing the new technology in late 2021.

Ganfeng revealed the progress in a May 19 investor conference meeting minutes, saying its first-generation solid-state batteries can reach an energy density of 260 Wh/kg and that the production line is designed to have an annual capacity of 4 GWh.

Production of the solid-state battery is currently undergoing capacity creep, with application scenarios including power batteries and energy storage, according to the minutes.

Ganfeng's second-generation hybrid solid-state lithium battery uses lithium metal as the anode and can reach an energy density of 400 Wh/kg, the company said.

The safety performance of the second-generation solid-state battery meets automotive requirements, and the cycling performance of the sample battery has met the requirements of car companies, Ganfeng said.

Ganfeng unveiled its first-generation solid-state battery, a hybrid solid-state and liquid lithium-ion battery, on December 10, 2021.

The battery has an oxide electrolyte and uses graphite for the anode. It has a diaphragm, but unlike conventional diaphragms, it uses a solid electrolyte diaphragm.

Ganfeng did not announce the energy density of the first-generation solid-state battery at the time, but said the second-generation solid-state battery had an energy density of more than 360 Wh/kg.

The company's latest announcement means that it has made new progress in the development of the second-generation solid-state battery over the past year and a half, allowing for a further increase in energy density.

Current mainstream lithium-ion battery cells have an energy density of just over 200 Wh/kg, and 's (NYSE: NIO) 150 kWh semi-solid-state battery, expected to be available within months, is 360 Wh/kg.

On April 19, unveiled its new battery technology, Condensed Battery, which claims an energy density of up to 500 Wh/kg for a single cell.

The Condensed Battery will be available for use in electric vehicles and will have mass production capability within this year, said Wu Kai, CATL's chief scientist at the time.

CATL unveils Condensed Battery for electric aircrafts and EVs

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Electric eMobility eV

A Deep Dive Into Tesla Depreciation

In this article, I look at depreciation data for the Tesla Model 3, Toyota Camry Hybrid, and BMW 3 Series. After this deep dive, I need to update the TCO (total cost of ownership) estimates I made about a year ago. Reasons Why Tesla Pricing Has Been So Volatile Over The Last Few Years The […]
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China Electric eMobility eV Nio NIO GPT NOMI Trademarks

NIO applies for GPT-related trademarks in China

With ChatGPT becoming a hot topic around the world, many Chinese tech giants have announced their progress in the field.  |  US | NIO HK | NIO SG

(Image credit: CnEVPost)

NIO (NYSE: NIO) is filing for several GPT-related trademarks in China, possibly in preparation for making its virtual voice assistant NOMI smarter.

The Chinese electric vehicle (EV) maker filed five GPT-related trademark applications on May 15, and their classifications involve communication services, scientific instruments, construction, and social services.

These trademarks include a NIO GPT, two NOMI GPTs, and two Knowme GPTs.

GPT (Generative Pre-trained Transformer), essentially solves for the probability of the next word occurring, sampling and generating a word from a probability distribution with each call.

With ChatGPT becoming a hot topic around the world, many Chinese tech giants have announced their progress in this field.

Auto, the car-making arm of Baidu, announced on February 14 that it will leverage Baidu's ChatGPT-like product ERNIE Bot to create a large-model AI interaction experience for smart car scenarios, thereby supporting natural communication for its robocars.

Great Wall Motor-backed Chinese startup Haomo.AI Technology officially launched DriveGPT on April 11, saying it is the first generative large model for autonomous driving that will reshape the technological path to automotive intelligence.

Earlier this month, NIO's local counterpart (NASDAQ: LI) filed a trademark application for MindGPT in China.

In 2017, NIO released the first-generation ES8, and its in-car voice assistant NOMI was announced at the time.

NOMI is derived from the harmonic sound of Know Me in English. If you have seen the science fiction movie "Her", NOMI is the NIO version of "Her".

NOMI is the voice assistant in the car, but NIO seems to expect more from it than that, letting it occupy the most central position in the front of the cockpit.

What is NOMI? Here's everything you need to know

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BYD byd han China Electric eMobility eV Order Backlog

BYD 2023 Han DM series sedan gets 13,695 orders in 72 hours of launch

On May 18, launched the facelifts of the plug-in hybrid versions of its flagship Han sedan at reduced prices compared to the 2022 variants.  |  BYDDY.US | BYD HK

(Image credit: BYD)

BYD (OTCMKTS: BYDDY) has updated the order data for the 2023 Han DM series to show that the sedan's facelifts have received a good reception after launch.

Orders for the 2023 Han DM-i and Han DM-p models reached 13,695 units 72 hours after launch, BYD announced Sunday on Weibo.

On May 18, BYD officially made the facelifts of its flagship sedan BYD Han's plug-in hybrid versions, the Han DM-i Champion Edition and Han DM-p Warrior Edition, available in China.

The 2023 Han DM-i is available in six versions with starting prices of RMB 189,800 ($27,033), RMB 199,800, RMB 209,800, RMB 219,800, RMB 239,800 and RMB 249,800 respectively.

The 2023 Han DM-p is available in only one version, starting at RMB 289,800.

This means that the starting price of the 2023 Han DM-i is reduced by RMB 28,000 and the Han DM-p is reduced by RMB 32,000 compared to the 2022 model.

Of the 13,695 units ordered, the average sales price is more than RMB 241,000, BYD said Sunday.

Consumers who chose the 200 km battery range version accounted for 37.8 percent of consumers, and the percentage of female consumers was 37.2 percent BYD said.

On May 19, the second day of the 2023 Han's launch, BYD said the model received 8,051 orders on launch day.

Many BYD models are offered in both pure electric and plug-in hybrid versions, with the latter likely to include a DM-i version that focuses more on fuel economy, and a DM-p version that focuses more on performance.

On March 16, BYD made the 2023 Han EV available for a starting price of RMB 209,800, down from RMB 219,800 for the model's 2022 version.

The BYD Han has a length, width and height of 4,975 mm, 1,910 mm and 1,495 mm, respectively, and a wheelbase of 2,920 mm.

The entry version of the Han DM-i can accelerate from 0 to 100 km/h in 7.9 seconds and the Han DM-p in 3.7 seconds.

The Han DM-i has two options for pure electric range, with NEDC ranges of 121 km and 200 km. The model has a combined range of 1,260 km on full fuel and full charge.

The BYD Han family sold 14,329 units in April, up 6.77 percent year-on-year and up 5.75 percent from March.

BYD aims to sell at least 3 million vehicles this year and strives to reach 3.6 million, the company's chairman and president Wang Chuanfu said at an investor conference on March 29.

($1 = RMB 7.0209)

BYD launches facelifts of Han sedan's hybrid variants with lower prices

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