BYD has entered 19 European countries since announcing its entry into the European passenger car market at the Paris auto show in 2022.
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Indian officials raised security concerns about Chinese investment in India during deliberations, according to a report in the local Economic Times.
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The BYD Atto 3 becomes the driving force of the SIXT Australia fleet transition. It will be 10% electric by the end of 2023.
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The Dolphin is BYD's fifth model to be launched in Brazil, and the Atto 3 is its first model to be offered in South Africa.
(Image credit: BYD)
BYD (OTCMKTS: BYDDY) is continuing to bring more models to more countries.
The Chinese new energy vehicle (NEV) maker launched the Dolphin in Brazil on June 28, its fifth model in the country after the Tang EV, Han EV, Yuan Plus EV and Song Plus DM-i.
The Dolphin is BYD's first model based on the e-Platform 3.0 and has a starting price of 149,800 Brazilian reais ($31,020) in Brazil.
As of June 29 local time, 300 BYD Dolphins have been sold in Brazil, the company said today.
BYD launched the Dolphin in China on August 29, 2021, and currently offers three versions in China with starting prices of RMB 116,800 ($16,100), RMB 123,800, and RMB 136,800, respectively.
"BYD is committed to offering more competitive new energy models for the Brazilian consumer. We are confident that BYD Dolphin is an excellent choice and can be the gateway for those who want to own an electric car," said Tyler Li, general manager of BYD Brazil.
In the passenger car segment, BYD has already established 24 offline dealership stores in Brazil and expects that number to reach 100 by the end of this year.
BYD also announced today that it officially entered the South African passenger car market with a brand launch event in the country on June 29.
BYD launched the Atto 3 in South Africa with a starting price of 768,000 South African rand ($40,630).
The Atto 3, known as the BYD Yuan Plus in China, is the NEV maker's first model built for the global market and is already available in several markets, including Japan, Australia and Singapore.
The BYD Yuan Plus has a starting price range of RMB 139,800 to RMB 167,800 in China.
BYD sold 240,220 NEVs in May, including 30,679 units of the Dolphin and 35,815 units of the Yuan family, according to figures released earlier this month.
In May, BYD sold 10,203 NEVs in overseas markets, down 31.19 percent from 14,827 units in April.
($1 = 4.8298 Brazilian reais, $1 = RMB 7.2582, $1 = 18.9032 South African rand)
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The Atto 3 is priced significantly lower than other EVs in the UAE, making it by far the most accessible electric model available in the UAE through official dealers.
(Image credit: BYD)
BYD (OTCMKTS: BYDDY) has entered the UAE passenger car market to expand its presence in the Middle East further after having previously entered Israel and Jordan.
On June 21, BYD launched the Atto 3 in the UAE with its local partner Al-Futtaim Electric Mobility Company. The model, known as the Yuan Plus in China, is the first global model from the new energy vehicle (NEV) maker.
This revolutionary vehicle marks a significant milestone in the UAE's journey towards sustainable mobility and reinforces both BYD and Al-Futtaim's commitment to contributing towards the UAE's Net-Zero 2050 strategic goals, BYD said in a press release.
The Atto 3 is priced at Dh149,900 ($40,810) in the UAE, below the Dh150,000 mark.
The pricing makes it by far the most accessible EV model available in the UAE through an official dealership, said Gulf News, an English-language UAE media outlet.
Other EVs are priced closer to Dh200,000 and higher, leaving a fairly open field for BYD to build scale in this market, Gulf News said.
BYD officially launched the Yuan Plus in China on February 19, 2022, and opens pre-orders for the model in Australia on the same day under the Atto 3 name.
The model is currently offered in five versions in China with a price range of RMB 139,800 ($19,470) to RMB 167,800.
Prior to the official launch of the Atto 3 in the UAE, more than 95,000 online visitors viewed the model, with more than 3,000 registered leads and 153 bookings, said Al-Futtaim managing director Hasan Nergiz, according to Gulf News.
"What people don't understand that much is that BYD is already the No. 1 EV manufacturer in the world and outsells Tesla. Atto 3 is the model that we will deploy to build a presence in the UAE and then will come the other models," Nergiz said.
The Atto 3 is BYD's first A-class SUV based on e-Platform 3.0, with a 0-100 km/h acceleration time of 7.3 seconds and a maximum range of 420 km WLTP.
BYD considered the needs and preferences of its UAE customers, and the model passed product localization and high-temperature testing, it said.
"We understand the importance of product localization for the UAE market with its unique climate and hot weather," said AD Huang, general manager of BYD Middle East & Africa.
"Last year, we conducted extensive hot weather testing to ensure the BYD Atto 3 performs optimally even in the region's challenging climate and hot summers. Over the course of several months, we drove more than 100,000 kilometers across the UAE in order to optimize the vehicle's performance and ensure that our customers receive the best driving experience possible with the BYD Atto 3," he said.
Currently, EV sales account for less than 5 percent of new car sales in the UAE, and that number is skewed toward fleet sales rather than retail buyers, the Gulf News report said, adding that that could change as people in their 20s or 30s become early adopters of EVs.
BYD will next launch its flagship Han sedan in the UAE, for which pre-orders are open on the BYD UAE website and will actually launch in October.
The UAE is the latest Middle East market BYD has entered, with the NEV maker announcing its entry into the Israeli passenger car market last August and launching four models -- Dolphin, Tang EV, Atto 3 and Han EV -- in Jordan on March 9.
BYD sold 240,220 NEVs in May, up 108.99 percent from 114,943 units in the same month last year and up 14.23 percent from 210,295 units in April, according to data released earlier this month.
In May, BYD sold 10,203 NEVs in overseas markets, down 31.19 percent from 14,827 units in April.
($1 = Dh3.6731, $1 = RMB 7.1795)
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BYD delivered 5,602 ATTO 3 in Q1 2023, the best selling car in Israel for five consecutive months (including ICE).
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BYD sold 5,579 EVs in Q1 2023, accounting for 37.8% of the market share, ranking first in Thailand for three consecutive months.
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BYD Atto 3 launched in Thailand in October last year
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BYD sold 1,590 EVs in Israel in February and 4,589 EVs in 2023, all BYD ATTO 3.
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The initial order will include the BYD Atto 3, which will be available under the Salary Sacrifice program.
BYDDY.US | BYD HK
(Image credit: BYD)
BYD (OTCMKTS: BYDDY), which just last week officially announced its entry into the UK passenger car market, has signed a purchase agreement with a local car rental company.
BYD entered into a partnership with UK-based Octopus Electric Vehicles (Octopus EV) on March 10, which plans to buy 5,000 BYD electric vehicles over the next 3 years, according to a press release today.
The initial order will include the BYD Atto 3, an all-electric C-segment SUV that debuted in the UK this month.
The vehicles will be offered with the Salary Sacrifice program, one of the most affordable ways to lease BYD vehicles in the UK, according to the Chinese new energy vehicle (NEV) maker.
The start of this commercial relationship lays the foundations for Octopus EV to become a BYD partner for the Salary Sacrifice scheme in the UK, with plans for further orders in the future, the release said.
A salary sacrifice program is an agreement to reduce an employee's cash compensation entitlement, usually in exchange for a non-cash benefit.
Founded in 2018, Octopus EV is a subsidiary of Octopus Energy Group, one of Europe's largest renewable energy investors based in the UK.
Octopus EV offers services including electric vehicle leasing, charging post installation, and special discounted tariffs for electric vehicles through its parent company.
On March 8, BYD announced the official start of sales of the Atto 3 in the UK, its first passenger car offered in the country.
The model will start at £36,490 ($43,230) in the UK and local deliveries will begin on March 15, BYD said last week.
The first BYD pioneer stores will open soon, in the backbone of the U.K., including Birmingham, Manchester, Glasgow and Milton Keynes, the company said.
The Atto 3, known in China as the Yuan Plus, went on sale on February 19, 2022, and is the first SUV on BYD's all-electric platform, e-platform 3.0.
BYD to deliver 100,000 EVs to German car rental firm SIXT over next six years
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